Wheeling-Pittsburgh Steel, which has operated under Chapter...

Wheeling-Pittsburgh Steel, which has operated under Chapter 11 of the U.S. Bankruptcy Code since April, 1985, said gains during the first nine months of this year reflected improved productivity, higher production and shipping levels that were significantly affected by a 1985 work stoppage, reduced interest expenses and lower steel making costs due in part to the plant and mine closings. “These improvements have, to date, more than offset the effects of severe price discounting which continues to plague the entire steel industry,” the company said.