BIRMINGHAM STEEL CORP
10-Q/A, 1997-11-14
STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                                    FORM 10-Q/A

(Mark One)
/X/   QUARTERLY  REPORT  PURSUANT  TO  SECTION  13 or  15(d)  OF THE  SECURITIES
      EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 1997

                                       OR

/  /  TRANSITION REPORT PURSUANT TO SECTION 13 OR
      15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
      For the transition period from     to


                                 Commission File
                                   No. 1-9820


                          BIRMINGHAM STEEL CORPORATION


       DELAWARE                                 13-3213634

(State of Incorporation)         (I.R.S. Employer Identification No.)

                      1000 Urban Center Parkway, Suite 300
                            Birmingham, Alabama 35242

                                 (205) 970-1200

     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  and Exchange Act
of 1934  during the  preceding  12 months (or for such  shorter  period that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days Yes x No .

     Indicate the number of  shares outstanding of  each of the issuer's classes
of common stock, as of the latest practicable date:  29,717,130 Shares of Common
Stock, Par Value $.01 Outstanding at November 10, 1997.



<PAGE>


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.

     
                                         Birmingham Steel Corporation


November 14, 1997
                                         /s/J. Daniel Garrett
                                         -----------------------
                                         J. Daniel Garrett
                                         Vice President & Controller
                                         





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