<ARTICLE> 5
<LEGEND>
The schedule  contains  summary  financial  information  extracted  from the WHX
Corporation  Consolidated  Financial  Statements  as of  June  30,  1998  and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>              1,000
       
                                         
<PERIOD-TYPE>                               3-MOS
<FISCAL-YEAR-END>                                                DEC-31-1998
<PERIOD-START>                                                   APR-01-1998
<PERIOD-END>                                                     JUN-30-1998
<CASH>                                                                 1,747
<SECURITIES>                                                         464,869
<RECEIVABLES>                                                        134,871
<ALLOWANCES>                                                           2,796
<INVENTORY>                                                          464,330
<CURRENT-ASSETS>                                                   1,092,777
<PP&E>                                                             1,233,148
<DEPRECIATION>                                                       420,392
<TOTAL-ASSETS>                                                     2,546,602
<CURRENT-LIABILITIES>                                                684,327
<BONDS>                                                              931,988
<COMMON>                                                                 185
<PREFERRED-MANDATORY>                                                      0
<PREFERRED>                                                              588
<OTHER-SE>                                                           440,641
<TOTAL-LIABILITY-AND-EQUITY>                                       2,546,602
<SALES>                                                              464,455
<TOTAL-REVENUES>                                                     464,455
<CGS>                                                                375,932
<TOTAL-COSTS>                                                        434,877
<OTHER-EXPENSES>                                                           0
<LOSS-PROVISION>                                                           0
<INTEREST-EXPENSE>                                                    21,480
<INCOME-PRETAX>                                                       21,693
<INCOME-TAX>                                                           7,626
<INCOME-CONTINUING>                                                   14,067
<DISCONTINUED>                                                             0
<EXTRAORDINARY>                                                            0
<CHANGES>                                                                  0
<NET-INCOME>                                                          14,067
<EPS-PRIMARY>                                                           0.48
<EPS-DILUTED>                                                           0.39