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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Name of Issuer) Kentucky Electric Steel
(Title of Class of Securities) Common Stock
(CUSIP Number) 49127B100
(Date of Event Which Requires Filing of this Statement) January 24, 2000
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
CUSIP No. 49127B100
1. Names of Reporting Persons.
Laurence W. Lytton
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
3. SEC Use Only
4. Citizenship or Place of Organization
USA
5. Sole Voting Power 215,900
6. Shared Voting Power 0
7. Sole Dispositive Power 215,900
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
215,900
10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
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11. Percent of Class Represented by Amount in Row (11)
5.3%
12. Type of Reporting Person (See Instructions)
IN
Item 1.
(a) Name of Issuer Kentucky Electric Steel.
(b) Address of Issuer's Principal Executive Offices
P. O. Box 3500, Ashland, Kentucky 41105-3500
Item 2.
(a) Name of Person Filing Laurence W. Lytton
(b) Address of Principal Business Office or, if none, Residence
28 Sherwood Place
Scarsdale, NY 10583
(c) Citizenship USA
(d) Title of Class of Securities Common
(e) CUSIP Number 49127B100
Item 3. not applicable
Item 4. Ownership.
(a) Amount beneficially owned: 215,900.
(b) Percent of class: 5.3%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 215,900.
(ii) Shared power to vote or to direct the vote 0.
(iii) Sole power to dispose or to direct the disposition of 215,900
(iv) Shared power to dispose or to direct the disposition of 0.
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Item 5. Ownership of Five Percent or Less of a Class
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company
Not applicable
Item 8. Identification and Classification of Members of the Group
Not applicable
Item 9. Notice of Dissolution of Group
Not applicable
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
1/12/2001
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Date
/s/ LAURENCE W. LYTTON
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Signature
LAURENCE W. LYTTON
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Name/Title
