UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)*
FUSHI COPPERWELD, INC.
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(Name of Issuer)
COMMON STOCK, (PAR VALUE $0.006 Per Share)
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(Title of Class of Securities)
36113E107
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(CUSIP Number)
Gilbert H. Davis
Sims Moss Kline & Davis LLP
Three Ravinia Drive, Suite 1700
Atlanta, GA 30346
(770) 481-7205
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
SEPTEMBER 25, 2012
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this
Schedule 13D, and is filing this schedule because of 240.13d-
1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ].
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits.
See Rule 240.13d-7 for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in
a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
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Page 1 of 8 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Bay Resource Partners, L.P.
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
WC
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF None
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 422,700
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
None
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
422,700
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
422,700
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
1.1%
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14 Type of Reporting Person (See Instructions)
PN
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Page 2 of 8 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Bay II Resource Partners, L.P.
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
WC
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF None
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 876,100
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
None
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
876,100
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
876,100
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
2.3%
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14 Type of Reporting Person (See Instructions)
PN
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Page 3 of 8 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Bay Resource Partners Offshore Master Fund, L.P.
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
WC
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Cayman Islands
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7 SOLE VOTING POWER
NUMBER OF None
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 1,818,161
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
None
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,818,161
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,818,161
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
4.7%
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14 Type of Reporting Person (See Instructions)
PN
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Page 4 of 8 Pages
SCHEDULE 13D
CUSIP No. 36113E107
------------------------------------------------------------------------
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
GMT Capital Corp.
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
WC
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF None
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 3,201,061
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
None
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,201,061
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
3,201,061
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
8.3%
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14 Type of Reporting Person (See Instructions)
IA
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Page 5 of 8 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Thomas E. Claugus
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
OO
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF 75,500
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 3,201,061
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
75,500
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10 SHARED DISPOSITIVE POWER
3,201,061
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
3,276,561
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
8.5%
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14 Type of Reporting Person (See Instructions)
IN
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Page 6 of 8 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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Explanatory Note:
This Amendment No. 4 amends and supplements Amendment No. 3 to
Schedule 13D filed on March 23, 2012 which amended and supplemented
Amendment No. 2 to Schedule 13D filed on March 17, 2011 which
amended and supplemented Amendment No. 1 to Schedule 13D filed on
November 23, 2010 which amended and supplemented the Schedule 13D
filed on November 5, 2010. The Reporting Persons previously reported
their beneficial ownership of the Common Stock on a Schedule 13G
filed October 8, 2010, as amended by Amendment No. 1 thereto filed
October 13, 2010 and Amendment No. 2 thereto filed October 27, 2010.
Item 1. Security and Issuer
-------------------
No material changes.
Item 2. Identity and Background
-----------------------
No material changes.
Item 3. Source and Amount of Funds or Other Consideration
-------------------------------------------------
No material changes except as set forth on Schedule A attached
hereto.
Item 4. Purpose of Transaction
----------------------
No material changes.
Item 5. Interest in Securities of the Issuer
------------------------------------
There are no material changes from Amendment No. 3 to Schedule
13D filed by the Reporting Persons on March 17, 2011 except as
regards beneficial ownership as indicated on Pages 2 through 6
herein and as provided below.
The aggregate percentage of Shares reported as owned by each
Reporting Person is based upon 38,363,952 Shares outstanding as
of August 9, 2012, which is the total number of Shares outstanding
as reported in the Issuers Form Prem 14A - Preliminary proxy
statements relating to merger or acquisition filed with the
Securities and Exchange Commission (SEC) on August 13, 2012.
This Statement is being filed with respect to an aggregate of
3,276,561 Shares of Common Stock.
Page 7 of 8 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
-----------------------------------
No material changes.
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Item 7. Material to be Filed as Exhibits
--------------------------------
No material changes.
After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: August 26, 2012
/s/ Thomas E. Claugus
--------------------------------
Thomas E. Claugus, for himself
and as President of GMT Capital
Corp., for itself and as the
general partner of (i) Bay
Resource Partners, L.P. and (ii)
Bay II Resource Partners, L.P.,
and as the investment manager
of (iii) Bay Resource Partners
Offshore Master Fund, L.P. and
(iv) certain other accounts.
Page 8 of 8 Pages
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Schedule A
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Transactions In The Shares During The Past 60 Days
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BAY RESOURCE PARTNERS, L.P.
(Bay)
Date of No. Shares Price Per
Sale Sold Share
-------- ------------- ----------
7/31/2012 13,900 $8.83
9/24/2012 11,300 $8.99
9/25/2012 1,400 $8.86
BAY II RESOURCE PARTNERS, L.P.
(Bay II)
Date of No. Shares Price Per
Sale Sold Share
-------- ------------- ----------
7/31/2012 28,900 $8.83
9/24/2012 23,500 $8.99
9/25/2012 2,900 $8.86
BAY RESOURCE PARTNERS OFFSHORE MASTER FUND, L.P.
(Offshore Fund)
Date of No. Shares Price Per
Sale Sold Share
-------- ------------- ----------
7/31/2012 60,000 $8.83
9/24/2012 48,826 $8.99
9/25/2012 5,865 $8.86
GMT CAPITAL CORP.
Date of No. Shares Price Per
Sale Sold Share
-------- ------------- ----------
7/31/2012 3,500 $8.83
9/14/2012 22,000 $9.07
9/24/2012 2,300 $8.99
9/25/2012 300 $8.86
THOMAS E. CLAUGUS
(CLAUGUS)
Date of No. Shares Price Per
Sale Sold Share
-------- ------------- ----------
7/31/2012 2,500 $8.83
9/24/2012 2,000 $8.99
9/25/2012 300 $8.86
All of the above transactions were open market sales on the
NASDAQ National Market System.
Page A-1