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) July 13, 1998 
                         Birmingham Steel Corporation
             (Exact name of registrant as specified in its charter)

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


   1000   Urban Center  Drive,  Suite 300,  Birmingham,  Alabama  35242-2516
              (Address of principal executive offices)  (Zip Code)


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








Item 5.  Other Events

On July 13, 1998, the Board of Directors of Birmingham  Steel  Corporation  (the
"Company") unanimously approved certain amendments to the By-Laws of the Company
(the "By-Laws").  The amendments to the By-Laws provide that the shareholders of
the Company can only alter,  amend or repeal the By-Laws by a vote of two-thirds
of holders of the total outstanding  shares of common stock of the Company.  The
amendments to the By-Laws are set forth as Exhibit 3.1.









ITEM 7.  Financial Statements and Exhibits

                  (c)      Exhibits

                           3.1      Amendments to the By-Laws of
                                    Birmingham Steel Corporation








                                                      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 thereunto duly authorized.

                             BIRMINGHAM STEEL CORPORATION
                             (Registrant)



Date: July 16, 1998          By: William R. Lucas, Jr.
                                 ------------------------------  
                                 William R. Lucas, Jr.
                                 Its: Executive Vice President-Administration 
                                        and General Counsel





                                                    EXHIBIT INDEX


3.1      Amendments to the By-Laws of Birmingham Steel Corporation





Exhibit 3.1



                                  AMENDMENT TO BY-LAWS
                          BIRMINGHAM STEEL CORPORATION


RESOLVED,  that the last sentence of Article I, Section 7 of the By-Laws  should
be deleted in its entirety and replaced with the following sentence:

             "Except  as  otherwise  provided  by  law,  by the  Certificate  of
             Incorporation or by any other provision of these By-Laws, Directors
             shall be elected by a  plurality  of the votes cast at a meeting of
             stockholders by the  stockholders  entitled to vote in the election
             and,  whenever  any  corporate  action  other than the  election of
             Directors is to be taken,  it shall be  authorized by a majority of
             the votes cast at a meeting  of  stockholders  by the  stockholders
             entitled to vote thereon."; and

FURTHER RESOLVED, Article VI should be deleted in its entirety and replaced with
the following:

             "These By-Laws and any amendment thereof may be altered, amended or
             repealed,  or new By-Laws may be adopted, by the Board of Directors
             at any  regular or special  meeting  by the  affirmative  vote of a
             majority of all of the members of the Board of Directors,  provided
             in the case of any  special  meeting at which all of the members of
             the Board of  Directors  are not  present,  that the notice of such
             meeting  shall have stated that the  amendment of these By-Laws was
             one of the  purposes  of the  meeting;  but these  By-Laws  and any
             amendment  thereof,  including the By-Laws  adopted by the Board of
             Directors,  may be altered,  amended or repealed and other  By-Laws
             may  be  adopted  by  the  holders  of   two-thirds  of  the  total
             outstanding stock of the Corporation entitled to vote at any annual
             meeting or at any  special  meeting,  provided,  in the case of any
             special   meeting,   that  notice  of  such  proposed   alteration,
             amendment,  repeal or  adoption  is  included  in the notice of the
             meeting."