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                                                                    EXHIBIT 3.14


                            CERTIFICATE OF FORMATION
                                       OF
                        KAISER MICROMILL HOLDINGS, LLC


       This Certificate of Formation of Kaiser Micromill Holdings, LLC (the
"Company"), dated December 11, 1995, is being duly executed and filed by the
undersigned to form a limited liability company under the Delaware Limited
Liability Company Act (the "Act")

              FIRST.  The name of the limited liability company formed hereby
is "Kaiser Micromill Holdings, LLC".

              SECOND.  The address of the registered office of the Company in
the State of Delaware is Corporation Trust Center, 1209 Orange Street in the
City of Wilmington, County of New Castle, Delaware 19801.

              THIRD.  The name and address of the registered agent for service
of process on the Company in the State of Delaware is The Corporation Trust
Company, Corporation Trust Center, 1209 Orange Street in the City of
Wilmington, County of New Castle, Delaware 19801.

              IN WITNESS WHEREOF, the undersigned has executed this Certificate
of Formation as of the date first above written.


                                         ORGANIZER

                                          /s/ LISA S. BLAHA                     
                                         ---------------------------------------
                                         Lisa S. Blaha