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Latest News:
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WCI Steel Reports 2nd Quarter Results Aug. 10, 2007 - WCI Steel reports a net loss of $12.5 million for the quarter and a net loss of $16.8 million for the six-month period ended June 30, 2007; results were negatively impacted by a BOF baghouse installation, and unscheduled outages in the blast furnace and BOF.
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WCI CEO Retires as Earnings Expectations are Downgraded Jul. 9, 2007 - WCI Steel announces the immediate retirement of Patrick G. Tatom from his roles as President, CEO, and a member of the Board of Directors. The company has also issued a warning statement about second-quarter earnings.
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WCI Steel 4th Quarter, Eight-Month Results Mar. 27, 2007 - March 27, 2007 — WCI Steel, Inc. announced a net loss of $1.1 million for the quarter ending December 31, 2006, and net income of $15.0 million for the eight-month period since the company em
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Noteholders Take Control of WCI Steel May 5, 2006 - May 5, 2006 — WCI Steel Noteholders led by Harbinger Capital Partners Master Fund I, Ltd. consummated a plan of reorganization on May 1 that gave the Noteholders $100,000,000 in
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WCI Steel Noteholders and USW Reach Agreement Nov. 18, 2005 - WCI Steel could emerge from chapter 11 bankruptcy proceedings based on the tentative agreement reached between representatives of the secured noteholders of WCI Steel and the United Steelworkers. The tentative agreement addresses a proposed collective bargaining agreement and modifications to the plan of reorganization.
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Ohio Steel Producers Report First Half Results Oct. 4, 2005 - Ohio steelmakers posted moderately strong production and shipping figures for the first half of 2005, even as the market struggled to emerge from an inventory correction that began before the end of 2004.
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WCI Steel Files Plan of Reorganization Aug. 17, 2005 - WCI Steel, Inc. announced that a Plan of Reorganization approved by the company's independent board of directors has been filed in the U.S. Bankruptcy Court for the Northern District of Ohio, Eastern Division.
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WCI Steel Begins Blast Furnace Reline Jun. 8, 2004 - WCI Steel, Inc. announced that the $15.3 million reline of its blast furnace began on schedule Friday, with the furnace expected to come back on line July 17.
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