<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the WHX Corporation Consolidated Financial Statements as of June 30, 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> APR-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 11,454 <SECURITIES> 211,259 <RECEIVABLES> 125,934 <ALLOWANCES> 2,685 <INVENTORY> 499,813 <CURRENT-ASSETS> 870,077 <PP&E> 1,319,376 <DEPRECIATION> 508,838 <TOTAL-ASSETS> 2,278,714 <CURRENT-LIABILITIES> 522,184 <BONDS> 869,279 <COMMON> 167 <PREFERRED-MANDATORY> 0 <PREFERRED> 589 <OTHER-SE> 402,301 <TOTAL-LIABILITY-AND-EQUITY> 2,278,714 <SALES> 413,783 <TOTAL-REVENUES> 413,783 <CGS> 335,625 <TOTAL-COSTS> 398,241 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 21,644 <INCOME-PRETAX> 23,947 <INCOME-TAX> 8,515 <INCOME-CONTINUING> 15,432 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 15,432 <EPS-BASIC> 0.62 <EPS-DILUTED> 0.46