Investor Relations
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Weirton Steel Files Appeal On Judge's Japanese Tin Tariff Ruling

For Immediate Release
October 2, 2002

WEIRTON, W.VA. – Weirton Steel Corp. today filed an appeal to a federal court judge's ruling to eliminate tariffs on imports of Japanese tin mill products (TMP) that have been in effect for more than two years.

The company, in addition to the U.S. International Trade Commission (ITC), appealed the decision to the U.S. Court of Appeals for the Federal Circuit in Washington, D.C.

In August, Judge Jane A. Restani, of the U.S. Court of International Trade in New York City, granted a motion filed by Japanese steelmakers to eliminate the 95 percent tariffs imposed by the ITC. The judge disagreed with the ITC's rationale for imposing the tariffs.

The ITC levied the tariffs in August 2000. It agreed with the pricing violation claims in a trade case filed with the government by Weirton Steel, the Independent Steelworkers Union and the United Steelworkers of America.

The TMP tariffs are in addition to President Bush's steel import tariffs imposed in March under Section 201 of the Fair Trade Act.

Japanese steel firms that filed the motion with Restani's court were Nippon Steel Corp., NKK Corp., Kawasaki Steel Corp. and Toyo Kohan Co., LTD.

Trade attorney Roger B. Schagrin of Washington, D.C., filed the appeal on behalf of Weirton Steel.

Weirton Steel is the seventh largest U.S. integrated steel company and the nation's second largest TMP producer.



Weirton Steel Corp.
Media Contact:
Gregg Warren, Director-Corporate Communications  (304) 797-2828





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