<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
September 30, 1995 Consolidated Balance Sheets and Consolidated Statements
of Income of Birmingham Steel Corporation and is qualified in its entirety by
reference to such.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-END>                               SEP-30-1995
<CASH>                                            2852
<SECURITIES>                                         0
<RECEIVABLES>                                   113096
<ALLOWANCES>                                      1438
<INVENTORY>                                     198107
<CURRENT-ASSETS>                                322515
<PP&E>                                          570321
<DEPRECIATION>                                  117459
<TOTAL-ASSETS>                                  829489
<CURRENT-LIABILITIES>                           145881
<BONDS>                                         157500
<COMMON>                                           296
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      465608
<TOTAL-LIABILITY-AND-EQUITY>                    829489
<SALES>                                         207252
<TOTAL-REVENUES>                                207252
<CGS>                                           182135
<TOTAL-COSTS>                                   182135
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
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<INCOME-CONTINUING>                               8178
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      8178
<EPS-PRIMARY>                                      .29
<EPS-DILUTED>                                      .29