Bankruptcy Court Approves Sale of LTV Tin Mill Business to U.S. Steel

    CLEVELAND, Feb. 21 The LTV Corporation announced that the U.S. Bankruptcy Court
approved the sale of its Tin Mill Products Business to the U. S. Steel Group
of USX Corporation.

    Under the terms of the agreement, U. S. Steel will lease the land and take
title to the buildings, facilities and inventory of the Indiana Harbor tin
operations, which it will operate as an ongoing business.  Tin mill employees
at Indiana Harbor will become U. S. Steel employees.  U. S. Steel will also
have the right to transfer certain tin line equipment from LTV's Aliquippa
facility to U. S. Steel's tin operations.

    The sale of the Tin Mill Products business will benefit LTV's chapter 11
reorganization through U.S. Steel's assumption of liabilities valued at about
$80 million.  The liabilities are related primarily to tin mill employee
obligations.  LTV also will receive a five- year contract to supply steel to
U.S. Steel's tin mill operations.