SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25



                           NOTIFICATION OF LATE FILING

      (Check One): [ ] Form 10-K [ ] Form 11-K [ ] Form 20F [ X ] Form 10-Q

[  ] Form N-SAR

         For Period Ended:  JUNE 30, 2001
                            -------------

[  ] Transition Report on Form 10-K         [  ] Transition Report on Form 10-Q

[  ] Transition Report on Form 20-F         [  ] Transition Report on Form N-SAR

[  ] Transition Report on Form 11-K


         For the Transition Period Ended:
                                          --------------------------------------

         Read attached instruction sheet before preparing form. Please print or
type.

         Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.

         If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:

                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant: ALLOY STEEL INTERNATIONAL, INC.
                         -------------------------------

Former name if applicable: N/A
                           ---


                                                         

Address of principal executive office (Street and number):  42 MERCANTILE WAY MALAGA, P.O. BOX 3087 MALAGA  D C 6945
                                                            --------------------------------------------------------


City, state and zip code:  WESTERN AUSTRALIA
                           -----------------


                                     PART II
                             RULE 12B-25 (B) AND (C)

         If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check appropriate box.)

[X]      (a) The reasons described in reasonable detail in Part III of this form
         could not be eliminated without unreasonable effort or expense;

[X]      (b) The subject annual report, semi-annual report, transition report on
         Form 10-K,  20-F,  11-K or Form N-SAR, or portion thereof will be filed
         on or before the 15th calendar day following the  prescribed  due date;
         or the subject  quarterly report or transition  report on Form 10-Q, or
         portion  thereof  will be filed on or  before  the fifth  calendar  day
         following the prescribed due date; and

[  ]     (c) The  accountant's  statement  or  other  exhibit  required  by Rule
         12b-25(c) has been attached if applicable.






                                    PART III
                                    NARRATIVE

         State below in reasonable detail the reasons why Form 10-K, 11-K, 10-Q,
N-SAR or the transition report portion thereof could not be filed within the
prescribed time period. (Attach extra sheets if needed.)

         The Company is in the process of changing its independent certified
public accountants. As such, the Company hereby requests additional time to
prepare its financial statements for the quarter ended June 30, 2001. Further,
the Company hereby requests additional time for its new independent certified
public accountants to review the Company's financial statements as required by
Item 310 of Regulation S-B.


                                    PART IV
                                OTHER INFORMATION

         1. Name and  telephone  number of person to  contact  in regard to this
notification:
        David Gonzalez          (908)                   810-8588
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        (Name)               (Area code)            (Telephone number)

         2. Have all other periodic  reports  required under Section 13 or 15(d)
of the  Securities  Exchange  Act  of  1934  or  Section  30 of  the  Investment
Registrant Act of 1940 during the preceding 12 months or for such shorter period
that the  registrant  was  required to file such  report(s)  been filed?  If the
answer is no, identify report(s).

                                             [ X ]  Yes  [  ] No

         3.  Is it  anticipated  that  any  significant  change  in  results  of
operations  from the  corresponding  period  for the last  fiscal  year  will be
reflected by the  earnings  statements  to be included in the subject  report or
portion thereof?

                                             [ ]  Yes  [X] No

         If  so:  attach  an  explanation  of  the  anticipated   change,   both
narratively and  quantitatively,  and, if  appropriate,  state the reasons why a
reasonable estimate of the results cannot be made.

                                      -2-





                         ALLOY STEEL INTERNATIONAL, INC.
                  (Name of registrant as specified in charter)

Has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.




Date:  August 14, 2001                 By:  /s/ Gene Kostecki
                                            ------------------------------------
                                            Gene Kostecki, President


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