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): July 30, 1998
LACLEDE STEEL COMPANY
(Exact Name of Registrant as Specified in Charter)
Delaware 0-3855 43-0368310
(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification Number)
Incorporation)
One Metropolitan Square
St. Louis, Missouri 63102
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code:
314-425-1400
<PAGE>
Item 1. Changes in Control of Registrant.
As set forth in the Registrant's Current Report on Form 8-K, dated July 30,
1998, Joseph Alvarado. Robert A. Garvey and William R. Lucas, Jr., officers of
Birmingham Steel Corporation ("Birmingham Steel"), resigned as directors of the
Registrant. Birmingham Steel has also advised the Registrant that Birmingham
Steel intends to cancel the proxy granted by Ivaco, Inc. ("Ivaco") with respect
to the Registrant's shares. Ivaco, through an affiliate, owns approximately 25
percent of the Registrant's common stock and 44 percent of the Registrant's
Series A Preferred Stock, which are convertible into common stock. In addition,
Birmingham Steel intends to vote its shares of the Registrant's common stock
neutrally in the future. The Registrant understands this to mean that Birmingham
Steel will vote its shares in the same percentages as the other stockholders
vote.
SIGNATURE
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 hereunto duly authorized.
LACLEDE STEEL COMPANY
(Registrant)
Date: August 6, 1998 By: /s/ Michael H. Lane
Michael H. Lane
Vice President - Finance,
Treasurer and Secretary
