UNITED STATES 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): January 23, 2003 ( January 22, 2003) - -------------------------------------------------------------------------------- Commission File Number: 1-9982 BAYOU STEEL CORPORATION (Exact name of registrant as specified in its charter) Delaware 72-1125783 (State of Incorporation) (I.R.S. Employer Identification No.) 138 Highway 3217 P.O. Box 5000 LaPlace, Louisiana 70069 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (985) 652-4900 NOT APPLICABLE (Former name or former address, if changed since last report Item 3. Bankruptcy or Receivership On January 22, 2003, Bayou 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 Texas, Dallas Division, where the case is now pending before The Honorable Barbara Houser (Case No. 03.30816). Bayou Steel intends to continue operations while the reorganization plan is developed. A copy of the press release issued by Bayou Steel Corporation on January 23, 2003 relating to the voluntary Chapter 11 petition is attached hereto as an exhibit. Item 7. Exhibits (c) Exhibits News Release dated January 23, 2003, announcing the filing of a voluntary Chapter 11 petition by Bayou Steel. Page 2 SIGNATURE 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. BAYOU STEEL CORPORATION (Registrant) By /s/ Richard J. Gonzalez ---------------------------------------- Richard J. Gonzalez, Vice President, Chief Financial Officer, Treasurer and Secretary Date: January 24, 2003 Page 3 INDEX TO EXHIBITS Page Exhibit Number - ------- ------ 99.1 News Release dated January 23, 2003 5 Page 4