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Published on 2/22/2005 in the Prospect News Distressed Debt Daily.

WCI Steel makes $15.33 million profit in January

By Ellen Chang

Houston, Feb. 22 - WCI Steel Inc. posted a gain of $15.33 million on sales of $67.69 million for January, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Northern District of Ohio Tuesday.

Operating income was $15.73 million.

Total cash at the end of January was $8.69 million.

The case number for WCI, a Warren, Ohio-based steel company, is 03-44662. It filed for Chapter 11 on Sept. 16, 2003.


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