UNITED STATES
	    	  SECURITIES AND EXCHANGE COMMISSION
			 Washington, DC  20549

FORM 13F

FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  September 30, 2001

Check here is Amendment  [  ] ; Amendment Number:
This Amendment (check only one):  [   ] is a restatement.
				  [  ] adds new holdings entries

Institutional Investment Manager Filing this Report:

Name:      Sasco Capital, Inc.
Address:   10 Sasco Hill Road
           Fairfield, CT  06430

13F File Number:  28-1646

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:  	Daniel L. Leary
Title:	Secretary
Phone:	203-254-6800
Signature, Place, and Date of Signing:

Daniel L. Leary    Fairfield, Connecticut    November 9, 2001

Report Type (Check only one):

[X]	13F HOLDINGS REPORT.

[ ] 	13F NOTICE.

[ ]	13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.


FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:  0

Form 13F Information Table Entry Total:  48

Form 13F Information Table Value Total:  $1,116,647


List of Other Included Managers:



FORM 13 F	SEPTEMBER 2001
REPORTING MANAGER:  SASCO CAPITAL, INC.
			

							FORM 13F INFORMATION TABLE
NAME OF ISSUER		TITLE OF
				CLASS		CUSIP		VALUE  	SHARES /	SH/	INVESTMENT	OTHER		VOTING AUTHORITY
								(x$1000)	PRN AMT	PRN	DISCRETION	MGR	SOLE   	SHARED	NONE
																				
AK STL HLDG CORP		COMMON	001547108	21,591	2,555,176	SH	SOLE		0	609,945	0		1,945,231
ALCOA INC			COMMON	013817101	28		900		SH	SOLE		0	0		0		900
ALLEGHANY CORP DEL	COMMON	017175100	48,352	242,973	SH	SOLE		0	60,907	0		182,066
ALLEGHENY TECHNOLOGIES 	COMMON	01741R102	37,579	2,819,118	SH	SOLE		0	660,600	0		2,158,518
AMERICAN STD COS INC 	COMMON	029712106	31,873	579,500	SH	SOLE		0	140,500	0		439,000
ATMOS ENERGY CORP		COMMON	049560105	16,616	769,250	SH	SOLE		0	140,550	0		628,700
BALL CORP			COMMON	058498106	62,673	1,046,286	SH	SOLE		0	243,500	0		802,786
BHP BILLITON LTD		DEPOSITORY 	088606108	34		4,000		SH	SOLE		0	0		0		4,000
BIG LOTS INC		COMMON	089302103	23,230	2,802,150	SH	SOLE		0	657,850	0		2,144,300
BRUNSWICK CORP		COMMON	117043109	25,894	1,572,200	SH	SOLE		0	367,000	0		1,205,200
BURLINGTON NORTHN SANTA	COMMON	12189T104	40		1,500		SH	SOLE		0	0		0		1,500
CHAMPION ENTERPRISES 	COMMON	158496109	15		2,100		SH	SOLE		0	0		0		2,100
CITIZENS COMMUNICATIONS	COMMON	17453B101	25,970	2,762,800	SH	SOLE		0	650,000	0		2,112,800
COOPER CAMERON CORP	COMMON	216640102	32,059	977,400	SH	SOLE		0	229,400	0		748,000
ENGELHARD CORP		COMMON	292845104	22,261	963,700	SH	SOLE		0	223,350	0		740,350
F M C CORP			COM NEW	302491303	53,155	1,085,020	SH	SOLE		0	257,720	0		827,300
FMC TECHNOLOGIES INC	COMMON	30249U101	9,341		808,750	SH	SOLE		0	194,750	0		614,000
FOOT LOCKER INC		COMMON	344849104	66,700	4,373,792	SH	SOLE		0	1,056,700	0		3,317,092
FOOTSTAR INC		COMMON	344912100	40,227	1,162,625	SH	SOLE		0	273,431	0		889,194
FORTUNE BRANDS INC	COMMON	349631101	55,633	1,660,700	SH	SOLE		0	362,900	0		1,297,800
HERCULES INC		COMMON	427056106	23,777	2,882,078	SH	SOLE		0	701,100	0		2,180,978
HEXCEL CORP NEW		COMMON	428291108	193		48,250	SH	SOLE		0	48,250	0		0
IMC GLOBAL INC		COMMON	449669100	20		2,200		SH	SOLE		0	0		0		2,200
K MART CORP			COMMON	482584109	36		5,200		SH	SOLE		0	0		0		5,200
KERR MCGEE CORP		COMMON	492386107	26		500		SH	SOLE		0	0		0		500
LEAR CORP			COMMON	521865105	21,109	781,250	SH	SOLE		0	189,250	0		592,000
LENNAR CORP			COMMON	526057104	18		500		SH	SOLE		0	0		0		500
MASSEY ENERGY CORP	COMMON	576206106	34		2,300		SH	SOLE		0	0		0		2,300
METHANEX CORP		COMMON	59151K108	18,806	3,893,600	SH	SOLE		0	928,600	0		2,965,000
MILLENNIUM CHEMICALS 	COMMON	599903101	17		1,600		SH	SOLE		0	0		0		1,600
NAVISTAR INTL CORP NEW	COMMON	63934E108	22,079	781,550	SH	SOLE		0	196,350	0		585,200
NORTHEAST UTILS		COMMON	664397106	33,483	1,787,677	SH	SOLE		0	412,550	0		1,375,127
NOVA CHEMICALS CORP	COMMON	66977W109	30,024	1,838,600	SH	SOLE		0	423,700	0		1,414,900
OCEAN ENERGY INC DEL	COMMON	67481E106	32,967	2,022,500	SH	SOLE		0	477,300	0		1,545,200
ONEOK INC NEW		COMMON	682680103	33,228	2,006,550	SH	SOLE		0	475,850	0		1,530,700
PACTIV CORP			COMMON	695257105	38,598	2,663,800	SH	SOLE		0	621,600	0		2,042,200
PENNEY J C INC		COMMON	708160106	51,516	2,352,350	SH	SOLE		0	557,450	0		1,794,900
RAYTHEON CO			COM NEW	755111507	46,727	1,344,650	SH	SOLE		0	311,550	0		1,033,100
SPDR TR			UNIT SER	78462F103	830		7,950		SH	SOLE		0	0		0		7,950
SMURFIT-STONE CONTAINER	COMMON	832727101	31,913	2,412,200	SH	SOLE		0	576,200	0		1,836,000
STANLEY WKS			COMMON	854616109	31,709	867,550	SH	SOLE		0	215,150	0		652,400
SUNOCO INC			COMMON	86764P109	362		10,179	SH	SOLE		0	3,179		0		7,000
TJX COS INC NEW		COMMON	872540109	32,063	974,550	SH	SOLE		0	228,950	0		745,600
TRW INC			COMMON	872649108	30,382	1,018,850	SH	SOLE		0	222,550	0		796,300
TOYS R US INC		COMMON	892335100	28		1,600		SH	SOLE		0	0		0		1,600
UGI CORP NEW		COMMON	902681105	276		10,200	SH	SOLE		0	10,200	0		0
U S INDS INC NEW		COMMON	912080108	230		100,000	SH	SOLE		0	100,000	0		0
WASTE MGMT INC DEL	COMMON	94106L109	62925		2,353,200	SH	SOLE		0	559,000	0		1,794,200