##### 



EXECUTION COPY
 SECOND AMENDMENT AND CONSENT TO AMENDED AND RESTATED
REVOLVING LOAN AGREEMENT
       Omnibus Amendment
 Amendments to the Loan Agreement




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If Average Adjusted Borrowing
    
    
    Level ofAvailability is:
    
    
    Applicable Margin:£ $100,000,000
    
    
    Level IV£ $75,000,000, but < $100,000,000
    
    
    Level III£ $50,000,000, but < $75,000,000
    
    
    Level II< $50,000,000
    
    
    Level I
 Applicable MarginsLevel I
    
    
    Level II
    
    
    Level III
    
    
    Level IVApplicable Index Margin
    
    
    1.25%
    
    
    1.00%
    
    
    0.75%
    
    
    0.75%Applicable LIBOR Margin
    
    
    2.50%
    
    
    2.25%
    
    
    2.00%
    
    
    2.00%Applicable L/C Margin
    
    
    2.50%
    
    
    2.25%
    
    
    2.00%
    
    
    2.00%
  provided
    Section 6.7(d)
   2




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provided
      Administrative Agent Section 9.7
 Consolidated Fixed Charges
 3




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Continuing Directors
 Financial Statements Section 4.1 Annex E
 Swing Line Lender
  Second Amendment
 Second Amendment Effective Date
    provided
  4




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provided
 For Fiscal Quarter Ending:
    
    Maximum Amount:March 31, 2007
    
    $270,000,000June 30, 2007
    
    $270,000,000September 30, 2007
    
    $270,000,000December 31, 2007
    
    $265,000,000March 31, 2008
    
    $260,000,000June 30, 2008
    
    $255,000,000September 30, 2008
through November 1, 2008
    
    $250,000,000
 Consent Capital Infusion
 Projections
 Representations and Warranties of Borrower
  provided
  5




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Conditions Precedent to Effectiveness Second Amendment Effective Date
    6




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Successors and Assigns
 Counterparts
 Headings
 APPLICABLE LAW
 Release of Claims Section 11
 7




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8




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GENERAL ELECTRIC CAPITAL CORPORATION,
individually and as Administrative AgentBy:
    /s/ Matthew N. McAlpineName:
    Matthew N. McAlpineTitle:
    Duly Authorized Signatory




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WHEELING-PITTSBURGH CORPORATIONBy:
    /s/ Michael P. DiClementeName:
    Michael P. DiClementTitle:
    Vice President and Treasurer WHEELING-PITTSBURGH STEEL CORPORATION, as BorrowerBy:
    /s/ Michael P. DiClementeName:
    Michael P. DiClementeTitle:
    Vice President and Treasurer




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THE CIT GROUP/BUSINESS CREDIT, INC.,
as a LenderBy:
    /s/ Eustachio BrunoName:
    Eustachio BrunoTitle:
    Vice President




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BANK OF AMERICA, N.A.,as a LenderBy:
    /s/ Edumundo KahnName:
    Edmundo KahnTitle:
    Vice President




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WACHOVIA BANK, NATIONAL ASSOCIATION, 
as a LenderBy:
    /s/ Danielle R. AsbjornName:
    Danielle R. AsbjornTitle:
    Associate




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JPMORGAN CHASE BANK, NA,as a LenderBy:
    /s/ Michael F. McCulloughName:
    Michael F. McCulloughTitle:
    Senior Vice President




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UBS LOAN FINANCE LLC,as a LenderBy:
    /s/ Richard L. TavrowName:
    Richard L. TavrowTitle:
    Director By:
    /s/ Trja R. OtsaName:
    Trja R. OtsaTitle:
    Associate Director




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Acknowledgement of Second Amendment
 Amendment




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WHEELING-PITTSBURGH CORPORATION, as a Credit PartyBy:
    /s/ Michel P. DiClementeName:
    Michael P. DiClementeTitle:
    Vice President and Treasurer WP STEEL VENTURE CORPORATION, as a Credit PartyBy:
    /s/ Paul J. MooneyName:
    Paul J. MooneyTitle:
    Vice President and Treasurer