941738--3/14/2006--WHEELING_PITTSBURGH_CORP

related topics

{cost, operation, labor}

{cost, regulation, environmental}

{control, financial, internal}

{cost, contract, operation}

{debt, indebtedness, cash}

{customer, product, revenue}

{tax, income, asset}

{condition, economic, financial}

{competitive, industry, competition}

{operation, international, foreign}

{gas, price, oil}

Because we are significantly leveraged, we may not be able to implement our business plan, service our debt obligations or refinance our indebtedness. Intense competition in the steel industry and substitute materials could adversely affect our profitability. Increased imports from China or other countries could lower domestic steel prices and adversely affect our profitability. We may be unsuccessful in the final ramp-up to full operation of our electric arc furnace, which would adversely affect our business prospects and competitive position in the industry. Any decrease in the availability, or increase in the cost, of raw materials and energy could materially increase our costs and adversely affect our profitability. We rely on a core group of significant customers for a substantial portion of our net sales, and a reduction in demand, or inability to pay, from this group could adversely affect our total revenue. The cyclical nature of the industries we serve may cause significant fluctuations in the demand for our products and lead to periods of decreased demand. We may not be able to implement our business plan because we may be unable to fund the substantial ongoing capital and maintenance expenditures that our operations require. A significant interruption or casualty loss at any of our facilities could increase our production costs and reduce our sales and earnings. Our production costs may increase and we may not be able to sustain our sales and earnings if we fail to maintain satisfactory labor relations. Environmental compliance and remediation costs could decrease our net cash flow, reduce our results of operations and impair our financial condition. Increases in our healthcare costs for active employees and future retirees may lower our earnings and negatively affect our competitive position in the industry. We may be subject to regulatory scrutiny and may sustain a loss of public confidence if we are unable to satisfy regulatory requirements relating to internal controls over financial reporting. You may not be able to compare our historical financial information to our current financial information, which will make it more difficult to evaluate an investment in our company. Certain U.S. federal income tax considerations may increase the amount of taxes we pay which could adversely affect our liquidity and reduce profitability.

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941738--3/14/2006--WHEELING_PITTSBURGH_CORP_/DE/