<ARTICLE>               5
<LEGEND>
THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM BAYOU  STEEL  CORPORATION  CONSOLIDATED  BALANCE  SHEETS  AND  CONSOLIDATED
STATEMENTS OF  OPERATIONS  AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>

                                           
<PERIOD-TYPE>                                 3-MOS
<FISCAL-YEAR-END>                                        SEP-30-2000
<PERIOD-END>                                             MAR-31-2000
<CASH>                                                    22,596,069
<SECURITIES>                                                       0
<RECEIVABLES>                                             27,991,316
<ALLOWANCES>                                                 657,556
<INVENTORY>                                               78,012,252
<CURRENT-ASSETS>                                         134,055,996
<PP&E>                                                   176,622,585
<DEPRECIATION>                                            67,695,282
<TOTAL-ASSETS>                                           248,892,946
<CURRENT-LIABILITIES>                                     25,594,934
<BONDS>                                                  119,070,213
<COMMON>                                                     128,906
<PREFERRED-MANDATORY>                                              0
<PREFERRED>                                                        0
<OTHER-SE>                                               104,227,799
<TOTAL-LIABILITY-AND-EQUITY>                             248,892,946
<SALES>                                                   55,466,736
<TOTAL-REVENUES>                                          55,466,736
<CGS>                                                     51,206,380
<TOTAL-COSTS>                                             52,992,832
<OTHER-EXPENSES>                                            (155,290)
<LOSS-PROVISION>                                              52,818
<INTEREST-EXPENSE>                                         2,847,210
<INCOME-PRETAX>                                              157,374
<INCOME-TAX>                                                  55,080
<INCOME-CONTINUING>                                          102,294
<DISCONTINUED>                                                     0
<EXTRAORDINARY>                                                    0
<CHANGES>                                                          0
<NET-INCOME>                                                 102,294
<EPS-BASIC>                                                      .01
<EPS-DILUTED>                                                    .01