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): June 3, 2002


                          BIRMINGHAM STEEL CORPORATION
             (Exact name of registrant as specified in its charter)


      Delaware                            1-9820               13-3213634
(State or other jurisdiction of    (Commission File No.)      (IRS Employer
   incorporation)                                           Identification No.)

          1000 Urban Center Drive, Suite 300, Birmingham, Alabama 35242
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (205) 970-1200

          (Former name or former address, if changed since last report)






Item 3.           Bankruptcy or Receivership.

On June 3,  2002,  Birmingham  Steel  Corporation,  along  with  certain  of its
subsidiaries filed a case in the United States Bankruptcy Court for the District
of Delaware  under  Chapter 11 of the  Bankruptcy  Code styled In re  Birmingham
Steel  Corporation,  et al.,  Case  No.  02-11586,  along  with a Joint  Plan of
Reorganization,  pursuant  to  which  it  is  seeking  to  effect  the  sale  of
substantially all of its assets to Nucor Corporation.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
(a)      Financial Statements of Businesses Acquired.  Not applicable.
(b)      Pro Forma Financial Information.  Not applicable.
(c)      Exhibits.  Not applicable.



                                   SIGNATURES

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.

                              BIRMINGHAM STEEL CORPORATION


Date:    June 13, 2002        By:  /s/ Catherine W. Pecher
                              -----------------------------
                              Name:  Catherine W. Pecher
                              Its:     Vice President - Administration and
                                                    Corporate Secretary