SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ______________ Date of Report (Date of earliest event reported): December 7, 2001 SHEFFIELD STEEL CORPORATION (Exact name of registrant as specified in its charter) Delaware 33-67532 74-2191557 - --------------- ------------- ------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 220 North Jefferson Street Sand Springs, OK 74063 ------------------------------------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (918) 245-1335 ITEM 3. BANKRUPTCY OR RECEIVERSHIP. On December 7, 2001, Sheffield Steel Corporation and its subsidiaries filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. The petition requesting an order for relief was filed in United States Bankruptcy Court, Northern District of Okalahoma, where the case is now pending before The Honorable Dana L. Rasure (Case No. 01-05508-R; 01- 05509-R; and 01-05510). Sheffield Steel intends to continue operations while the reorganization plan is developed. A copy of the press release issued by Sheffield Steel Corporation on December 7, 2001 relating to the voluntary Chapter 11 petition is attached hereto as an exhibit. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. Exhibit No. Description ---------- ----------- 99.1 Press release, dated December 7, 2001, announcing the filing of a voluntary Chapter 11 petition by Sheffield Steel Corporation. 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. SHEFFIELD STEEL CORPORATION Date: December 12, 2001 /s/ James P. Nolan ------------------------------ Name: James P. Nolan Title: President and Chief Operating Officer Date: December 12, 2001 /s/ Stephen R. Johnson ------------------------------- Name: Stephen R. Johnson Title: Vice President and Chief Financial Officer