UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~December~~ April 2930, ~~2000~~2001

WCI STEEL, INC.
(Exact name of registrant as specified in its charter)

Ohio	333-18019	~~134~~34-1585405
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification No.)
incorporation or organization)
1040 Pine Ave., S.E., Warren, Ohio		44483-6528
(Address of principal executive offices)		(Zip Code)

1040 Pine Ave., S.E., Warren, Ohio				44483-6528
(Address of principal executive offices)				(Zip Code)

(330) 841-8302
(Registrant’s telephone number, including area code)

N/A
(Former name or former address, if changed since last report.)

Item 5. OTHER EVENTS.

~~LTV~~The ~~Corporation~~Youngstown Sinter Co. (“~~LTV~~YSC”) ~~filed~~, ~~for~~a ~~reorganization~~wholly-owned ~~under~~subsidiary ~~Chapter 11~~ of ~~the United States Bankruptcy Code on December 29, 2000.~~ WCI Steel, Inc. (“WCI”) ~~shipped~~ ~~51,174~~will ~~tons~~idle ofits ~~steel~~plant toindefinitely ~~LTV~~effective ~~Copperweld~~July 15, ~~a subsidiary of LTV, during fiscal year 2000, representing approximately 4~~2001.~~0% of WCI’s total tonnage~~ ~~volume.~~YSC Inhas ~~addition,~~been ~~WCI supplies steam to an LTV Steel Company coke plant adjacent to WCI’s facility~~ in ~~Warren,~~operation ~~Ohio.~~since As1991 aproducing ~~result of the filing, WCI recorded~~ a ~~charge~~clinker-type ~~of $2.1 million in the first fiscal quarter of 2001 to reduce~~material ~~the~~(“Sinter”) ~~amounts due~~ from ~~LTV~~steelmaking toby-products ~~estimated~~such ~~net~~as ~~realizable~~slag ~~value. WCI has an ongoing exposure to LTV with respect to the supply of steam from both a credit risk aspect~~ and ~~the~~ore ~~uncertainty of actions that LTV may take due to the filing~~fines. ~~Cessation~~ ofThe ~~operations at the coke plant or termination of the contract for~~sinter ~~the~~is ~~supply~~then ofused ~~steam~~as ~~through reorganization proceedings, could have~~ a ~~material adverse~~substitute ~~effect~~feed onstock in WCI’s ~~results~~blast offurnace ~~operations until such time as WCI would be~~facility ~~able~~located toin ~~install electrical generating equipment to convert the steam to a productive use. During fiscal year 2000~~Warren, ~~WCI recorded revenue of $10~~Ohio.~~2 million~~ ~~for the sale of steam to LTV.~~

OnThe ~~September 7,~~idling ~~2000 WCI entered into a non-binding letter~~ of ~~intent~~the ~~with Acme~~sinter ~~Steel~~production ~~Company~~facility ~~(“Acme~~is ~~Steel”)~~expected ~~and~~to ~~Acme~~result ~~Metals Incorporated (“Acme Metals”),~~in ~~pursuant~~annual tocost ~~which~~savings ~~WCI~~of ~~would~~approximately ~~acquire~~$2.3 million ~~substantially~~based ~~all~~upon ~~of Acme Steel~~WCI’s ~~assets~~current ~~and~~operating ~~assume certain liabilities~~levels. ~~Acme~~WCI ~~Steel,~~will ~~Acme~~record ~~Metals and certain of their affiliates are debtors in~~ a ~~Chapter 11~~charge ~~case pending before the United States Bankruptcy Court for the District~~ of ~~Delaware~~$3.9 million ~~Due~~during to the ~~depressed condition~~2nd offiscal ~~the~~quarter ~~steel~~ended ~~industry and~~April 30, as2001 ~~a result, Acme Steel’s failure~~ to ~~meet~~reflect ~~certain conditions~~plant inidling ~~the letter of intent~~costs, ~~WCI shall not consummate the acquisition~~ of ~~assets~~ ~~under the terms of the letter of intent. WCI continues to have interest~~which ~~in acquiring these assets and is exploring alternatives~~$3.0 million ~~Because~~represents of the ~~recent~~ ~~performance~~recognition of ~~Acme~~an ~~Metals~~impairment ~~and~~in the ~~effect on the underlying~~ value of ~~its~~the assets, ~~WCI will record a charge~~ of ~~$10.5 million during~~ the ~~quarter ended January 31, 2001 to write down the carrying value of Acme Metals 10~~facility.~~875% Senior~~ ~~Unsecured Notes owned by WCI.~~

~~Due~~The toindefinite ~~continued~~idling ~~high~~will ~~levels~~affect ofYSC’s ~~steel~~58 ~~imports~~employees toat the ~~United States~~Youngstown, a ~~generally~~Ohio ~~slowing~~location ~~economy~~who ~~and~~have ~~high~~received ~~inventory~~prior ~~levels~~notification atof ~~customers,~~the ~~shipments~~idling inas required by the ~~first~~Workers ~~quarter~~Readjustment and Retraining Notification Act. These employees will receive health benefits for a minimum of ~~2001~~six ~~are~~months ~~expected~~and towill be ~~approximately~~considered ~~15%~~for employment ~~lower~~opportunities ~~than~~as ~~the fourth~~they ~~quarter~~arise ofat ~~2000~~WCI’s Warren, ~~which~~Ohio issteel ~~lower~~plant operations. ~~than~~The ~~previously~~sinter ~~expected~~plant may be restarted in the future if economically advantageous.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

WCI STEEL, INC.
(registrant)

By: /S/ JOHN P. JACUNSKI Name: ~~Title:~~ John P. Jacunski Title: Vice President and Chief Financial Officer

Date: ~~January~~April 2630, 2001

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