<ARTICLE>           5
<LEGEND>
The schedule  contains  summary  financial  information  extracted  from the WHX
Corporation  Consolidated  Financial  Statements  as of  March  31,  1999 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                             1,000
       
                               
<PERIOD-TYPE>                     3-MOS
<FISCAL-YEAR-END>                                             DEC-31-1999
<PERIOD-START>                                                 JAN-1-1999
<PERIOD-END>                                                  MAR-31-1999
<CASH>                                                             13,576
<SECURITIES>                                                      684,140
<RECEIVABLES>                                                     132,252
<ALLOWANCES>                                                        2,532
<INVENTORY>                                                       468,563
<CURRENT-ASSETS>                                                1,309,385
<PP&E>                                                          1,296,363
<DEPRECIATION>                                                    486,334
<TOTAL-ASSETS>                                                  2,718,345
<CURRENT-LIABILITIES>                                             968,768
<BONDS>                                                           865,516
<COMMON>                                                              167
<PREFERRED-MANDATORY>                                                   0
<PREFERRED>                                                           589
<OTHER-SE>                                                        396,639
<TOTAL-LIABILITY-AND-EQUITY>                                    2,718,345
<SALES>                                                           396,925
<TOTAL-REVENUES>                                                  396,925
<CGS>                                                             349,137
<TOTAL-COSTS>                                                     412,039
<OTHER-EXPENSES>                                                        0
<LOSS-PROVISION>                                                        0
<INTEREST-EXPENSE>                                                 21,335
<INCOME-PRETAX>                                                  (53,725)
<INCOME-TAX>                                                     (17,233)
<INCOME-CONTINUING>                                              (36,492)
<DISCONTINUED>                                                          0
<EXTRAORDINARY>                                                       896
<CHANGES>                                                               0
<NET-INCOME>                                                     (35,596)
<EPS-PRIMARY>                                                     (2.45)
<EPS-DILUTED>                                                      (2.45)