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WCI STEEL, INC. ANNOUNCES APPOINTMENT OF LEN ANTHONY AS NEW CHIEF EXECUTIVE OFFICER AND PRESIDENT

WARREN, OHIO, Dec. 5, 2007 - WCI Steel, Inc. (OTC: WCIS.PK) announced today that Leonard M. Anthony has been named president, chief executive officer and a member of the Board of Directors, effective immediately.

Jack W. Sights, chairman of the Board of Directors of WCI Steel, said: “Len Anthony is an exceptional individual, capable of providing strong, experienced leadership as we confront the actions necessary to return WCI Steel to profitability. We expect that under Len’s leadership, combined with an increased focus on customer service, quality and cost reduction, WCI Steel will enhance its position as a provider of custom steel to niche markets. We remain optimistic about the future of WCI’s business with Len as our new president and chief executive officer.”

Len Anthony said: “Although we have considerable challenges ahead of us, I am confident that working together with our customers, suppliers and employees, we can successfully implement solutions to the problems facing WCI. We are committed to being faster and more aggressive in leading WCI Steel to a brighter future.”

Anthony, 53, is the former Executive Vice President and Chief Financial Officer of Dresser-Rand Corp., having led that company through a very successful IPO on Aug. 5, 2005. Prior to that, he served as Chief Financial Officer of International Steel Group from 2003 until ISG was acquired by ArcelorMittal. He has more than 25 years of financial and operational management experience. He joined Bethlehem Steel Corp. in 1979 and advanced through increasingly responsible positions to become Chief Financial Officer in 2001 and served in that position until Bethlehem was acquired by ISG in 2003.

Anthony earned a bachelor’s degree in accounting from Pennsylvania State University, a master’s in business administration from the Wharton School of the University of Pennsylvania and an AMP from the Harvard Business School. He will be relocating to the Warren area.

Business Update
Production at the blast furnace resumed this week after the Nov. 9 fire in two of the furnace’s hydraulic control rooms. The company expects the plant to be in full operation over the next week, with the hot strip mill resuming operations later this week. The new walking beam furnace at the hot strip mill is expected to be in operation by mid-to-late December, ahead of the previously announced start-up of January. With a capital cost of $37 million, the walking beam furnace will enable WCI to improve surface quality and provide hot-rolled bands in larger coil sizes up to 1,000 PIW.

About WCI Steel, Inc.
WCI Steel’s strength is built on “Custom Steel. Custom Service. Creative Solutions.” As an integrated producer of value-added, custom steel products serving niche markets, 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, focusing 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.

Forward-Looking Statements
Information contained in this release, other than historical information, should be considered “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

WCI Steel cautions that there are various important factors that could cause actual events to differ materially from those indicated in the forward-looking statements; accordingly, there can be no assurance that such indicated events will occur. Among such factors are: general economic and business conditions; demand for WCI Steel’s products; changes in industry capacity and levels of imports of steel or steel products; industry trends, including product pricing, competition; the loss of any significant customer; pricing and availability of raw materials and energy; power outages or curtailments; availability of qualified personnel; ability to train the existing workforce; plant operating performance; major equipment failures; the timing and completion of capital projects; changes in, or the failure or inability to comply with, government regulation, including, without limitation, environmental regulations; the outcome of legal matters and other risk factors. Except as required by law, WCI Steel does not assume any responsibility to update any forward-looking statements to reflect future developments or events.