SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) of the
                         SECURITIES EXCHANGE ACT OF 1934

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                        Date of Report: September 5, 2001


                         Alloy Steel International, Inc.
               (Exact Name of Registrant as Specified in Charter)



         Delaware                   000-32875                   98-0233941
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(State or other jurisdiction       (Commission                 (IRS Employer
          of incorporation)        File Number)              Identification No.)



42 Mercantile Way Malaga
P.O. Box 3087 Malaga DC 6945
(Address of principal executive offices)


Registrant's telephone number, including area code:  61 8 9248 3188
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Item 4.  Changes in Registrant's Certifying Accountant.

         On August 14, 2001,  Alloy Steel  International,  Inc. (the  "Company")
filed a Form 8-K with the Securities and Exchange Commission  disclosing that it
had dismissed  Feldman Sherb and Co., P.C.  ("Feldman Sherb") as its independent
certified public  accountant.  Also on that date, the Company  requested Feldman
Sherb to furnish a letter  addressed to the SEC,  stating whether it agrees with
the statements made by the Company and, if not, stating the respects in which it
does not agree. As of September 4, 2001, the Company has not received any letter
addressed to the SEC from Feldman  Sherb.  The Company will file an amendment to
its Form 8-K when it receives such letter.






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                                   SIGNATURES



         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                              ALLOY STEEL INTERNATIONAL, INC.



Date:  September 5, 2001                      By: /s/ Alan Winduss
                                                 -------------------------------
                                                 Name: Alan Winduss
                                                 Its:  Chief Financial Officer






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