UNITED STATES
	    	  SECURITIES AND EXCHANGE COMMISSION
			 Washington, DC  20549

FORM 13F

FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  December 31, 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    February 5, 2002

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:  47

Form 13F Information Table Value Total:  $1,208,818


List of Other Included Managers:



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

							FORM 13F INFORMATION TABLE
NAME OF ISSUER		TITLE OF			UPDATE
				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	29,103	2,557,376	SH	SOLE		0	615,745	0	1,941,631
ALCOA INC			COMMON	013817101	32		900		SH	SOLE		0	900		0	0
ALLEGHANY CORP DEL	COMMON	017175100	49,118	255,223	SH	SOLE		0	65,657	0	189,566
ALLEGHENY TECHNOLOGIES 	COMMON	01741R102	46,874	2,798,418	SH	SOLE		0	643,700	0	2,154,718
AMERICAN STD COS INC 	COMMON	029712106	39,341	576,600	SH	SOLE		0	138,400	0	438,200
ATMOS ENERGY		COMMON	049560105	19,351	910,650	SH	SOLE		0	191,150	0	719,500
BALL CORP			COMMON	058498106	39,916	564,586	SH	SOLE		0	130,800	0	433,786
BHP BILLITON LTD	DEPOSITORY RECEI	088606108	43		4,000		SH	SOLE		0	4,000		0	0
BIG LOTS INC		COMMON	089302103	30,902	2,971,350	SH	SOLE		0	707,950	0	2,263,400
BRUNSWICK CORP		COMMON	117043109	33,956	1,560,500	SH	SOLE		0	357,100	0	1,203,400
BURLINGTON NORTHN SANTA	COMMON	12189T104	43		1,500		SH	SOLE		0	1,500		0	0
CHAMPION ENTERPRISES IN	COMMON	158496109	26		2,100		SH	SOLE		0	2,100		0	0
CITIZENS COMMUNICATION	COMMON	17453B101	29,474	2,764,900	SH	SOLE		0	652,100	0	2,112,800
COOPER CAMERON CORP	COMMON	216640102	41,236	1,021,700	SH	SOLE		0	225,300	0	796,400
ENGELHARD CORP		COMMON	292845104	489		17,650	SH	SOLE		0	17,650	0	0
F M C CORP			COM NEW	302491303	66,439	1,116,620	SH	SOLE		0	264,120	0	852,500
FMC TECHNOLOGIES INC	COMMON	30249U101	14,549	884,450	SH	SOLE		0	199,350	0	685,100
FOOT LOCKER INC		COMMON	344849104	68,265	4,361,992	SH	SOLE		0	1,044,900	0	3,317,092
FOOTSTAR INC		COMMON	344912100	35,637	1,138,572	SH	SOLE		0	249,378	0	889,194
FORTUNE BRANDS INC	COMMON	349631101	59,535	1,503,800	SH	SOLE		0	362,500	0	1,141,300
HERCULES INC		COMMON	427056106	28,843	2,884,278	SH	SOLE		0	707,400	0	2,176,878
IMC GLOBAL INC		COMMON	449669100	29		2,200		SH	SOLE		0	2,200		0	0
JOY GLOBAL INC		COMMON	481165108	1,940		115,500	SH	SOLE		0	21,300	0	94,200
KERR MCGEE CORP		COMMON	492386107	27		500		SH	SOLE		0	500		0	0
LEAR CORP			COMMON	521865105	29,652	777,450	SH	SOLE		0	186,450	0	591,000
LENNAR CORP			COMMON	526057104	23		500		SH	SOLE		0	500		0	0
MASSEY ENERGY CORP	COMMON	576206106	48		2,300		SH	SOLE		0	2,300		0	0
METHANEX CORP		COMMON	59151K108	17,202	3,105,016	SH	SOLE		0	732,713	0	2,372,303
MILLENNIUM CHEMICALS IN	COMMON	599903101	20		1,600		SH	SOLE		0	1,600		0	0
NAVISTAR INTERNATIONAL	COMMON	63934E108	5,145		130,250	SH	SOLE		0	30,050	0	100,200
NORTHEAST UTILS		COMMON	664397106	43,278	2,454,777	SH	SOLE		0	576,450	0	1,878,327
NOVA CHEMICALS CORP	COMMON	66977W109	35,596	1,847,200	SH	SOLE		0	434,000	0	1,413,200
OCEAN ENERGY INC TEX	COMMON	67481E106	40,838	2,127,000	SH	SOLE		0	467,800	0	1,659,200
ONEOK INC			COMMON	682680103	42,750	2,396,300	SH	SOLE		0	564,400	0	1,831,900
PACTIV CORP			COMMON	695257105	39,490	2,224,800	SH	SOLE		0	517,700	0	1,707,100
PENNEY JC INC		COMMON	708160106	62,417	2,320,350	SH	SOLE		0	539,450	0	1,780,900
RAYTHEON CO			COM NEW	755111507	32,087	988,200	SH	SOLE		0	233,500	0	754,700
ROCKWELL INTL CORP NEW	COMMON	773903109	1,920		107,500	SH	SOLE		0	14,700	0	92,800
SMURFIT-STONE CONTAINER	COMMON	832727101	20,620	1,291,200	SH	SOLE		0	65,000	0	1,226,200
STANLEY WORKS		COMMON	854616109	39,894	856,650	SH	SOLE		0	204,250	0	652,400
SUNOCO, INC.		COMMON	86764P109	152		4,079		SH	SOLE		0	4,079		0	0
SUPERVALU INC		COMMON	868536103	11,151	504,100	SH	SOLE		0	89,200	0	414,900
TJX COS INC NEW		COMMON	872540109	38,634	969,250	SH	SOLE		0	224,650	0	744,600
TRW INC			COMMON	872649108	37,538	1,013,450	SH	SOLE		0	218,050	0	795,400
TOYS R US INC		COMMON	892335100	33		1,600		SH	SOLE		0	1,600		0	0
UGI CORP NEW		COMMON	902681105	308		10,200	SH	SOLE		0	10,200	0	0
WASTE MANAGEMENT		COMMON	94106L109	74,854	2,345,800	SH	SOLE		0	551,600	0	1,794,200