CHAPARRAL STEEL CO
8-K, 1995-10-25
STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
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<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC  20549


                                    FORM 8-K


                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                       SECURITIES AND EXCHANGE ACT OF 1934


Date of Report:            October 18, 1995


                              CHAPARRAL STEEL COMPANY
               (Exact Name of Registrant as Specified in its Charter)


                                      Delaware
                   (State or Other Jurisdiction of Incorporation)


                 1-9944                               75-1424624
       (Commission File Number)        (I.R.S. Employer Identification Number)


    300 Ward Road, Midlothian, Texas                     76065
(Address of Principal Executive Offices)              (Zip Code)


                                     (214) 299-5212
                  (Registrant's Telephone Number, Including Area Code)


             (Former Name or Former Address, if Changed Since Last Report)


<PAGE>

ITEM 5.   OTHER EVENTS.

     A meeting of the Board of Directors of Registrant was held on October
18, 1995 immediately following Registrant's Annual Stockholders' Meeting.
During the meeting of the Board of Directors of Registrant, the Board
approved the repurchase, from time to time, of the Registrant's common stock
to satisfy obligations under its stock option program and for other corporate
purposes. Upon conclusion of the meeting of the Board of Directors,
Registrant included the following disclosure in a press release issued and
dated October 18, 1995:

     "The Company also, announced that its Board approved the repurchase, from
     time to time, of the Company's common stock to satisfy obligations under
     its stock option program  and for other corporate purposes.

     " `The Company purchased shares in the past for those same purposes'
     stated Gordon E. Forward, President.  `This authorization reaffirms
     the Board's desire to again purchase shares when prices are
     attractive.' "




                                   SIGNATURES

     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.

                                        CHAPARRAL STEEL COMPANY



Date:     October 24, 1995              By:     /s/ ROBERT C. MOORE
      ------------------------               ---------------------------------
                                                Robert C. Moore
                                                Vice President & Secretary



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