<ARTICLE>                     5
<LEGEND>
       Financial Data Schedule for Univeral Stainless Alloy Products, Inc.
                    For the Period Ended September 30, 1997

</LEGEND>
<CIK>                          0000931584
<NAME>                         UNIVERSAL STAINLESS ALLOY PRODUCTS INC.
<MULTIPLIER>                                   1
<CURRENCY>                                     U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS 
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   SEP-30-1997
<EXCHANGE-RATE>                                1.000
<CASH>                                         471
<SECURITIES>                                   0
<RECEIVABLES>                                  15,904
<ALLOWANCES>                                   (283)
<INVENTORY>                                    15,173
<CURRENT-ASSETS>                               31,919
<PP&E>                                         23,468
<DEPRECIATION>                                 (1,479)
<TOTAL-ASSETS>                                 54,196
<CURRENT-LIABILITIES>                          12,479
<BONDS>                                        4,334
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       6
<OTHER-SE>                                     36,128
<TOTAL-LIABILITY-AND-EQUITY>                   54,196
<SALES>                                        61,661
<TOTAL-REVENUES>                               61,661
<CGS>                                          49,012
<TOTAL-COSTS>                                  49,012
<OTHER-EXPENSES>                               3,620
<LOSS-PROVISION>                               45
<INTEREST-EXPENSE>                             (82)
<INCOME-PRETAX>                                8,907
<INCOME-TAX>                                   3,296
<INCOME-CONTINUING>                            5,611
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   5,611
<EPS-PRIMARY>                                  0.89
<EPS-DILUTED>                                  0.87