<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ARMCO INC. CONSOLIDATED BALANCE SHEETS, CONSOLIDATED STATEMENTS OF INCOME AND RELATED INTERIM FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <RESTATED> <CIK> 0000007383 <NAME> ARMCO INC <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> 12-MOS 9-MOS 6-MOS 3-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 DEC-31-1996 DEC-31-1996 DEC-31-1995 <PERIOD-START> JAN-01-1996 JAN-01-1996 JAN-01-1996 JAN-01-1996 JAN-01-1995 <PERIOD-END> DEC-31-1996 SEP-30-1996 JUN-30-1996 MAR-31-1996 DEC-31-1995 <EXCHANGE-RATE> 1 1 1 1 1 <CASH> 168,900 140,900 181,000 223,900 136,800 <SECURITIES> 300 0 0 0 0 <RECEIVABLES> 137,400 201,800 200,400 180,100 162,800 <ALLOWANCES> 3,800 0 0 0 4,400 <INVENTORY> 246,900 246,800 226,400 226,600 216,200 <CURRENT-ASSETS> 571,800 597,500 615,600 637,100 613,800 <PP&E> 1,267,700 1,251,900 1,237,000 1,221,600 1,208,300 <DEPRECIATION> 597,600 584,000 569,300 554,700 539,800 <TOTAL-ASSETS> 1,867,800 1,895,300 1,916,300 1,928,800 1,896,600 <CURRENT-LIABILITIES> 358,200 384,300 377,800 415,500 419,000 <BONDS> 344,300 344,400 364,200 358,400 361,600 <PREFERRED-MANDATORY> 0 0 0 0 0 <PREFERRED> 185,900 185,900 185,900 185,900 185,900 <COMMON> 1,100 1,100 1,100 1,100 1,100 <OTHER-SE> (399,000) (407,200) (420,000) (411,600) (417,400) <TOTAL-LIABILITY-AND-EQUITY> 1,867,800 1,895,300 1,916,300 1,928,800 1,896,600 <SALES> 1,724,000 1,310,400 881,200 430,400 1,559,900 <TOTAL-REVENUES> 1,724,000 1,310,400 881,200 430,400 1,559,900 <CGS> 1,548,400 1,188,400 805,600 391,300 1,392,700 <TOTAL-COSTS> 1,548,400 1,188,400 805,600 391,300 1,392,700 <OTHER-EXPENSES> 0 0 0 0 0 <LOSS-PROVISION> 0 0 0 0 0 <INTEREST-EXPENSE> 36,300 27,500 18,500 9,200 32,900 <INCOME-PRETAX> 27,400 13,700 3,500 7,300 25,500 <INCOME-TAX> 1,400 900 600 400 2,000 <INCOME-CONTINUING> 26,000 12,800 2,900 6,900 23,500 <DISCONTINUED> 6,500 6,500 0 0 6,300 <EXTRAORDINARY> 0 0 0 0 0 <CHANGES> 0 0 0 0 0 <NET-INCOME> 32,500 19,300 2,900 6,900 29,800 <EPS-PRIMARY> 0.14 0.05 (0.06) 0.02 0.11 <EPS-DILUTED> 0.14 0.05 (0.06) 0.02 0.11