<ARTICLE>        5
<LEGEND>
The schedule  contains  summary  financial  information  extracted  from the WHX
Corporation  Consolidated  Financial  Statements  as of  June  30,  1996  and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>     1,000
       
                                         
<PERIOD-TYPE>                               3-MOS
<FISCAL-YEAR-END>                                                DEC-31-1996
<PERIOD-START>                                                   APR-01-1996
<PERIOD-END>                                                     JUN-30-1996
<CASH>                                                                 6,170
<SECURITIES>                                                         399,629
<RECEIVABLES>                                                         69,123
<ALLOWANCES>                                                           2,646
<INVENTORY>                                                          302,801
<CURRENT-ASSETS>                                                     793,207
<PP&E>                                                             1,093,150
<DEPRECIATION>                                                       320,031
<TOTAL-ASSETS>                                                     1,779,866
<CURRENT-LIABILITIES>                                                248,706
<BONDS>                                                              276,249
<PREFERRED-MANDATORY>                                                      0
<PREFERRED>                                                              637
<COMMON>                                                                 263
<OTHER-SE>                                                           685,169
<TOTAL-LIABILITY-AND-EQUITY>                                       1,779,866
<SALES>                                                              357,815
<TOTAL-REVENUES>                                                     357,815
<CGS>                                                                298,549
<TOTAL-COSTS>                                                        337,215
<OTHER-EXPENSES>                                                           0
<LOSS-PROVISION>                                                           0
<INTEREST-EXPENSE>                                                     6,523
<INCOME-PRETAX>                                                       24,043
<INCOME-TAX>                                                           7,213
<INCOME-CONTINUING>                                                   16,830
<DISCONTINUED>                                                             0
<EXTRAORDINARY>                                                            0
<CHANGES>                                                                  0
<NET-INCOME>                                                          16,830
<EPS-PRIMARY>                                                            .42
<EPS-DILUTED>                                                            .37