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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 11-K
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               [x] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                      For the year ended December 31, 2000

                                       or

        [ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934


               For the transition period from ________ to ________


                           Commission File No. 0-25642
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            A. Full title of the plan and the address of the plan, if
                 different from that of the issuer named below:

                          COMMONWEALTH INDUSTRIES, INC.
                       SAVINGS PLAN FOR SALARIED EMPLOYEES
                        AND COMMONWEALTH INDUSTRIES, INC.
                  PERFORMANCE SHARING PLAN FOR HOURLY EMPLOYEES
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  B. Name of issuer of securities held pursuant to the plan and the address of
                         its principal executive office:

                          COMMONWEALTH INDUSTRIES, INC.
                            500 West Jefferson Street
                                   19th Floor
                         Louisville, Kentucky 40202-2823

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                                    FORM 11-K
                          Commonwealth Industries, Inc.
                     Savings Plan for Salaried Employees and
   Commonwealth Industries, Inc. Performance Sharing Plan for Hourly Employees
                                December 31, 2000



The following financial statements and supplemental schedules of the Plans filed
as exhibits to this Form 11-K are incorporated herein by reference and submitted
in paper format on Form SE:

         Financial Statements:

              Statements of Net Assets Available for Benefits as of
                  December 31, 2000 and 1999

              Statements of Changes in Net Assets Available for Benefits for the
                  years ended December 31, 2000 and 1999

              Notes to Financial Statements

         Supplemental Schedules:

              Schedule H, Line 4i - Schedule of Assets Held for Investment
                  Purposes at End of Year, December 31, 2000

              Schedule H, Line 4j - Schedule of Reportable Transactions for the
                  year ended December 31, 2000



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Signature Page                                                     3

Exhibit Index                                                      4



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Benefits Committee of Commonwealth Industries, Inc. has duly caused this annual
report to be signed on its behalf by the undersigned thereunto duly authorized.


           Commonwealth Industries, Inc. Savings Plan for
           Salaried Employees and Commonwealth Industries, Inc.
           Performance Sharing Plan for Hourly Employees

           By:      /s/ Donald L. Marsh, Jr.
                    ------------------------
                    Donald L. Marsh, Jr.
                    Executive Vice President, Chief Financial
                    Officer and Secretary
                    Commonwealth Industries, Inc. and a
                    member of the Benefits Committee

Date:    June  19, 2001


                                  Exhibit Index
                                  -------------
Exhibit
Number                    Description
- -------                   -----------
    13.1* Financial statements and supplemental schedules of the Commonwealth
Industries, Inc. Savings Plan for Salaried Employees as of December 31, 2000 and
1999, and for the years ended December 31, 2000 and 1999, including report of
independent accountants.

    13.2* Financial statements and supplemental schedules of the Commonwealth
Industries, Inc. Performance Sharing Plan for Hourly Employees as of December
31, 2000 and 1999, and for the years ended December 31, 2000 and 1999, including
report of independent accountants.

    23           Consent of PricewaterhouseCoopers LLP

* Exhibits 13.1 and 13.2 above are submitted in paper format on Form SE.


                                                                  Exhibit 23
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                       Consent of Independent Accountants

We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statement on Form S-8 (File No.  33-90292) of Commonwealth  Industries,  Inc. of
our  reports  dated June 19,  2001  relating  to the  financial  statements  and
supplemental schedules of the Commonwealth Industries,  Inc. Performance Sharing
Plan for Hourly Employees and the Commonwealth Industries, Inc. Savings Plan for
Salaried Employees, which appear in this Form 11-K.

/s/ PricewaterhouseCoopers LLP

Louisville, Kentucky
June 19, 2001