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IN RE SHARON STEEL CORP.

Bankruptcy Nos. 92-10958, 92-10959 and 92-10961, Motion No. PMS-9.

159 B.R. 165 (1993)

In re SHARON STEEL CORPORATION, et al., Debtor. SHARON STEEL CORPORATION, et al., Movants, v. CITIBANK, N.A., as Agent for the Lenders Listed on Exhibit "A," Respondents.

United States Bankruptcy Court, W.D. Pennsylvania.

April 23, 1993.

Attorney(s) appearing for the Case

Herbert P. Minkel, New York City, for debtor.

Stephen Karotkin, New York City and William H. Schorling, Pittsburgh, PA, for respondents.

James G. McLean, Pittsburgh, PA, for Mueller Industries, Inc.

Philip E. Beard, Pittsburgh, PA and Henry Weisberg, New York City, for Official Committee of Unsecured Creditors.

Leonard F. Spagnolo, Pittsburgh, PA, for Pension Benefit Guar. Corp.

Bruce Simon, New York City and James English, Pittsburgh, PA, for United Steelworkers of America.

Carla Brown Horn, Pittsburgh, PA, for Continental Bank.

Richard J. Parks, Erie, PA, for Integra Bank United States Trustee, Pittsburgh, PA.

OPINION1

WARREN W. BENTZ, Bankruptcy Judge.

Introduction

Presently before the Court is the motion of Sharon Steel Corporation, a Delaware corporation, Sharon Specialty Steel, Inc. and Monessen, Inc. (collectively, "Debtor") for an Order Granting Debtors-in-Possession Authority to Use Cash Collateral ("Motion"). Sharon Steel Corporation, a Pennsylvania corporation...

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