-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NTBgF30cW7iI7aXmKl25oHfTImcN1DPPindkIbR5Tr6Z4blhx56oabmdTY9Qxn6m 51x4+xaUw8OTySV9O633bw== 0000950136-05-000674.txt : 20050209 0000950136-05-000674.hdr.sgml : 20050209 20050209134337 ACCESSION NUMBER: 0000950136-05-000674 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050209 DATE AS OF CHANGE: 20050209 GROUP MEMBERS: ARTIS INVESTORS LLC GROUP MEMBERS: CHARLES E. DAVIDSON GROUP MEMBERS: DEBELLO INVESTORS LLC GROUP MEMBERS: JOSEPH M. JACOBS GROUP MEMBERS: WEXFORD CAPITAL LLC GROUP MEMBERS: WEXFORD SPECTRUM INVESTORS LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BAYOU STEEL CORP CENTRAL INDEX KEY: 0000807877 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 721125783 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-40087 FILM NUMBER: 05587848 BUSINESS ADDRESS: STREET 1: RIVER RD STREET 2: P O BOX 5000 CITY: LA PLACE STATE: LA ZIP: 70069 BUSINESS PHONE: 5046524900 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEXFORD CAPITAL LLC CENTRAL INDEX KEY: 0001048462 IRS NUMBER: 061442624 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 411 W PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038627000 MAIL ADDRESS: STREET 1: 411 W PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 FORMER COMPANY: FORMER CONFORMED NAME: WEXFORD MANAGEMENT LLC DATE OF NAME CHANGE: 19971024 SC 13G 1 file001.htm SCHEDULE 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

----------------------------
(Amendment No. 1)*

BAYOU STEEL CORPORATION

----------------------------
(Name of Issuer)

COMMON STOCK, $.01 PAR VALUE

----------------------------
(Title of Class of Securities)

073051 20 3

----------------------------
(CUSIP Number)

FEBRUARY 9, 2005

----------------------------
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

/___/ Rule 13d-1(b)
/ X / Rule 13d-1(c)
/___/ Rule 13d-1(d)

* 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).

Page 1 of 12 Pages

CUSIP No. 073051 20 3

- -----------------------------------------------------------------------------------------------------------------------
1. Names of Reporting Persons. CHARLES E. DAVIDSON
I.R.S. Identification Nos. of Above Persons (entities only)

- -----------------------------------------------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]

- -----------------------------------------------------------------------------------------------------------------------
3. SEC Use Only

- -----------------------------------------------------------------------------------------------------------------------
4. Citizenship or Place of Organization U.S.A.

- -----------------------------------------------------------------------------------------------------------------------
Number of Shares 5. Sole Voting Power 0
Beneficially
Owned by Each --------------------------------------------------------------------------------------------
Reporting 6. Shared Voting Power 0
Person With
--------------------------------------------------------------------------------------------
7. Sole Dispositive Power 0

--------------------------------------------------------------------------------------------
8. Shared Dispositive Power 0

- -----------------------------------------------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0

- -----------------------------------------------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions) [ ]

- -----------------------------------------------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 0%

- -----------------------------------------------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IN

- -----------------------------------------------------------------------------------------------------------------------

Page 2 of 12 Pages

CUSIP No. 073051 20 3

- -----------------------------------------------------------------------------------------------------------------------
1. Names of Reporting Persons. JOSEPH M. JACOBS
I.R.S. Identification Nos. of Above Persons (entities only)

- -----------------------------------------------------------------------------------------------------------------------
3. SEC Use Only

- -----------------------------------------------------------------------------------------------------------------------
4. Citizenship or Place of Organization U.S.A.

- -----------------------------------------------------------------------------------------------------------------------
Number of Shares 5. Sole Voting Power 0
Beneficially
Owned by Each --------------------------------------------------------------------------------------------
Reporting h 6. Shared Voting Power 0
Person With
--------------------------------------------------------------------------------------------
7. Sole Dispositive Power 0

--------------------------------------------------------------------------------------------
8. Shared Dispositive Power 0

- -----------------------------------------------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0

- -----------------------------------------------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 0%

- -----------------------------------------------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IN

- -----------------------------------------------------------------------------------------------------------------------

Page 3 of 12 Pages

CUSIP No. 073051 20 3

- -----------------------------------------------------------------------------------------------------------------------
1. Names of Reporting Persons. WEXFORD CAPITAL LLC
I.R.S. Identification Nos. of Above Persons (entities only)

- -----------------------------------------------------------------------------------------------------------------------
3. SEC Use Only

- -----------------------------------------------------------------------------------------------------------------------
4. Citizenship or Place of Organization CONNECTICUT

--------------------------------------------------------------------------------------------
8. Shared Dispositive Power 0

- -----------------------------------------------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0

- -----------------------------------------------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 0%

- -----------------------------------------------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) CO

- -----------------------------------------------------------------------------------------------------------------------

Page 4 of 12 Pages

CUSIP No. 073051 20 3

- -----------------------------------------------------------------------------------------------------------------------
1. Names of Reporting Persons. ARTIS INVESTORS LLC
I.R.S. Identification Nos. of Above Persons (entities only)

- -----------------------------------------------------------------------------------------------------------------------
3. SEC Use Only

- -----------------------------------------------------------------------------------------------------------------------
4. Citizenship or Place of Organization DELAWARE

- -----------------------------------------------------------------------------------------------------------------------
Number of Shares 5. Sole Voting Power 0
Beneficially
Owned by Each -----------------------------------------------------------------------------------
Reporting 6. Shared Voting Power 0
Person With
-----------------------------------------------------------------------------------
7. Sole Dispositive Power 0

-----------------------------------------------------------------------------------
8. Shared Dispositive Power 0

- -----------------------------------------------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0

- -----------------------------------------------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 0%

- -----------------------------------------------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) CO

- -----------------------------------------------------------------------------------------------------------------------

Page 5 of 12 Pages

CUSIP No. 073051 20 3

- -----------------------------------------------------------------------------------------------------------------------
1. Names of Reporting Persons. DEBELLO INVESTORS LLC
I.R.S. Identification Nos. of Above Persons (entities only)

- -----------------------------------------------------------------------------------------------------------------------
3. SEC Use Only

- -----------------------------------------------------------------------------------------------------------------------
4. Citizenship or Place of Organization DELAWARE

--------------------------------------------------------------------------------------------
8. Shared Dispositive Power 0

- -----------------------------------------------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0

- -----------------------------------------------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 0%

- -----------------------------------------------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) CO

- -----------------------------------------------------------------------------------------------------------------------

Page 6 of 12 Pages

CUSIP No. 073051 20 3

- -----------------------------------------------------------------------------------------------------------------------
1. Names of Reporting Persons. WEXFORD SPECTRUM INVESTORS LLC
I.R.S. Identification Nos. of Above Persons (entities only)

- -----------------------------------------------------------------------------------------------------------------------
3. SEC Use Only

- -----------------------------------------------------------------------------------------------------------------------
4. Citizenship or Place of Organization DELAWARE

--------------------------------------------------------------------------------------------
8. Shared Dispositive Power 0

- -----------------------------------------------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 0

- -----------------------------------------------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9 0%

- -----------------------------------------------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) CO

- -----------------------------------------------------------------------------------------------------------------------

Page 7 of 12 Pages

Item 1.
- ------

(a) Name of Issuer:

Bayou Steel Corporation

(b) Address of Issuer's Principal Executive Offices:

River Road
P.O. Box 5000
LaPlace, LA 70069

Item 2.
- ------
(a) Name of Persons Filing

Charles E. Davidson
Joseph M. Jacobs
Wexford Capital LLC
Artis Investors LLC
Debello Investors LLC
Wexford Spectrum Investors LLC

(b) Address of Principal Business Office

c/o Wexford Capital LLC
411 West Putnam Avenue
Greenwich, CT 06830

Charles E. Davidson - United States
Joseph M. Jacobs - United States
Wexford Capital LLC - Connecticut
Artis Investors LLC - Delaware
Debello Investors LLC - Delaware
Wexford Spectrum Investors LLC - Delaware

(d) Title of Class of Securities

Common Stock, par value $0.01 per share

(e) Cusip Number

073051 20 3

Page 8 of 12 Pages

Item 3. If this Statement is filed pursuant to ss. 240.13D-1(B) OR ss.
240.13D-2(B) or (C), check whether the person filing is a:

(a) /_/ Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o);

(b) /_/ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(d) /_/ Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8);

(e) /_/ An investment adviser in accordance with ss.
240.13d-1(b)(1)(ii)(E);

(f) /_/ An employee benefit plan or endowment fund in accordance with
ss. 240.13d-1(b)(1)(ii)(F);

(g) /_/ A parent holding company or control person in accordance with
ss. 240.13d-1(b)(ii)(G);

(h) /_/ A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);

(i) /_/ A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3);

(j) /_/ Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).

If this statement is filed pursuant to ss. 240.13d-1(c), check this box. [X]

Item 4. Ownership.

Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1. The
following is with respect to each of the Reporting Persons:

(a) Amount beneficially owned: 0

(b) Percent of class: 0%

(i) Sole power to vote or to direct the vote 0

(ii) Shared power to vote or to direct the vote 0

(iii) Sole power to dispose or to direct the disposition of 0

(iv) Shared power to dispose or to direct the disposition of 0

Instruction. For computation regarding securities which represent a right to
acquire an underlying security see (section)240.13d-3(d)(1).

Item 5. Ownership of Five Percent of Less of a Class.

If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [X].

Instruction: Dissolution of a group requires a response to this item.

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.

Not applicable.

Item 8. Identification and Classification of Members of the Group.

Page 9 of 12 Pages

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

Item 10. Certification.

By signing below, each of the undersigned certifies that, to the best
of my knowledge and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.

Dated: February 9, 2005

/S/ CHARLES E. DAVIDSON
-----------------------
CHARLES E. DAVIDSON

/S/ JOSEPH M. JACOBS
--------------------
JOSEPH M. JACOBS

WEXFORD CAPITAL LLC

By: /S/ ARTHUR H. AMRON
-------------------
Name: Arthur H. Amron
Title: Principal

ARTIS INVESTORS LLC

By: /S/ ARTHUR H. AMRON
-------------------
Name: Arthur H. Amron
Title: Vice President

DEBELLO INVESTORS LLC

By: /S/ ARTHUR H. AMRON
-------------------
Name: Arthur H. Amron
Title: Vice President

Page 10 of 12 Pages

WEXFORD SPECTRUM INVESTORS LLC

By: /S/ ARTHUR H. AMRON
-------------------
Name: Arthur H. Amron
Title: Vice President

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(f)(1) under the Securities Exchange Act of 1934,
as amended, the undersigned hereby agrees to the joint filing with each other of
the attached statement on Schedule 13G and to all amendments to such statement
and that such statement and all amendments to such statement is made on behalf
of each of them

IN WITNESS WHEREOF, each of the undersigned hereby executes this
agreement on February 9, 2005:

/S/ CHARLES E. DAVIDSON
-----------------------
CHARLES E. DAVIDSON

/S/ JOSEPH M. JACOBS
--------------------
JOSEPH M. JACOBS

WEXFORD CAPITAL LLC

By: /S/ ARTHUR H. AMRON
-------------------
Name: Arthur H. Amron
Title: Principal

ARTIS INVESTORS LLC

By: /S/ ARTHUR H. AMRON
-------------------
Name: Arthur H. Amron
Title: Vice President

DEBELLO INVESTORS LLC

By: /S/ ARTHUR H. AMRON
-------------------
Name: Arthur H. Amron
Title: Vice President

Page 11 of 12 Pages

WEXFORD SPECTRUM INVESTORS LLC

By: /S/ ARTHUR H. AMRON
-------------------
Name: Arthur H. Amron
Title: Vice President

Page 12 of 12 Pages

-----END PRIVACY-ENHANCED MESSAGE-----