Severstal International
999 Pine Avenue, SE
Warren, Ohio44483-6528
Ph: (330) 841-8218
Email: info.wrn@severstalna.com
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WCI STEEL, INC. ANNOUNCES PRICE CHANGE



WARREN, OHIO, May 5, 2008 -- WCI Steel, Inc., announced today that, effective immediately on new orders accepted, it will implement a minimum base price increase of $75.00/NT ($3.75/cwt).

With this announcement, WCI Steel’s transaction base prices – ex works - are as follows: HR Sheet (C<.30 max) - $1,125/NT ($56.25/cwt); CR Sheet (C<.30 max) - $1,225/NT ($61.25/cwt); and Hot Dipped Galvanized $1,245/NT ($62.25/cwt). Appropriate extras are in addition to the above base prices.

About WCI Steel, Inc.

WCI Steel’s strength is built on “Custom Steel. Custom Service. Creative Solutions.” As a niche-oriented integrated producer of value-added, custom steel products, WCI Steel emphasizes customer and technical service. WCI Steel currently produces 185 grades of flat-rolled custom and commodity steel products at its Warren, Ohio, facility. WCI Steel focuses on a wide range of custom flat-rolled steel products, including high carbon, alloy, ultra high strength, and heavy-gauge galvanized steel and on developing closer, more responsive relationships with customers. Major customers are steel converters, processors, service centers, construction product companies, and, to a lesser extent, automobile manufacturers.

Bette Kovach
Public Affairs
WCI Steel, Inc.
999 Pine Avenue, SE
Warren, OH 44483-6528
330-841-8213
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