SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                               __________________

                                   FORM 8-K/A

                                 CURRENT REPORT

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

                               __________________


                        Date of Report: January 16, 2002


                         ALLOY STEEL INTERNATIONAL, INC.
                         -------------------------------
               (Exact Name of Registrant as Specified in Charter)



         DELAWARE                 000-32875             98-0233941
         --------                                       ----------
(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
                                                     --------------



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.  The Company did not receive a copy of the letter  addressed  to
the SEC until  January  15,  2002.  A copy of the letter from  Feldman  Sherb is
attached hereto.

ITEM 7.  EXHIBITS.

         Exhibit 99.1 - Letter from Feldman Sherb and Co., P.C. addressed to the
SEC.





                                      -2-



                                   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:  January 16, 2002                 By:  /s/ David Gonzalez
                                           -----------------------------
                                           Name:  David Gonzalez
                                           Its:  Vice President


                                      -3-