UNITED STATES
	    	  SECURITIES AND EXCHANGE COMMISSION
			 Washington, DC  20549

FORM 13F

FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  March 31, 2004

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  06824

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    May 7, 2004

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:  46

Form 13F Information Table Value Total:  $1,789,411


List of Other Included Managers:



FORM 13 F	MARCH 2004
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
											
ALLEGHANY CORP DEL	COMMON	017175100	81231	328471	SH	SOLE	0	96825	0	231646
ALLEGHENY TECHNOLOGIES I	COMMON	01741R102	180	14900	SH	SOLE	0	14900	0	0
AMERICAN STD COS INC DEL	COMMON	029712106	347	3050	SH	SOLE	0	2900	0	150
ARCH COAL INC	COMMON	039380100	39340	1253250	SH	SOLE	0	361500	0	891750
ATMOS ENERGY CORP	COMMON	049560105	317	12400	SH	SOLE	0	12400	0	0
BIG LOTS INC	COMMON	089302103	51833	3574700	SH	SOLE	0	1042900	0	2531800
BORG WARNER INC	COMMON	099724106	195	2300	SH	SOLE	0	2300	0	0
BRUNSWICK CORP	COMMON	117043109	42424	1039050	SH	SOLE	0	298350	0	740700
CHIQUITA BRANDS INTL INC	COMMON	170032809	190	9100	SH	SOLE	0	9100	0	0
CITIZENS COMMUNICATIONS	COMMON	17453B101	48427	3742450	SH	SOLE	0	1087550	0	2654900
CROWN HOLDINGS INC	COMMON	228368106	69082	7412250	SH	SOLE	0	2227200	0	5185050
DEL MONTE FOODS CO	COMMON	24522P103	65332	5807250	SH	SOLE	0	1706050	0	4101200
DUKE ENERGY CORP	COMMON	264399106	78249	3462350	SH	SOLE	0	992800	0	2469550
DYNEGY INC NEW	COMMON	26816Q101	45746	11552000	SH	SOLE	0	3346300	0	8205700
F M C CORP	COM NEW	302491303	1825	42620	SH	SOLE	0	0	0	42620
FMC TECHNOLOGIES INC	COMMON	30249U101	36832	1362638	SH	SOLE	0	377878	0	984760
FIRSTENERGY CORP	COMMON	337932107	63314	1620100	SH	SOLE	0	461150	0	1158950
FOOT LOCKER INC	COMMON	344849104	118703	4600892	SH	SOLE	0	1300400	0	3300492
FORTUNE BRANDS INC	COMMON	349631101	56350	735355	SH	SOLE	0	206100	0	529255
GOODYEAR TIRE & RUBR CO	COMMON	382550101	13822	1618500	SH	SOLE	0	485900	0	1132600
HERCULES INC	COMMON	427056106	57232	4985328	SH	SOLE	0	1426250	0	3559078
JOY GLOBAL INC	COMMON	481165108	37255	1328150	SH	SOLE	0	387400	0	940750
LAIDLAW INTL INC	COMMON	50730R102	65879	4527750	SH	SOLE	0	1371300	0	3156450
LEAR CORP	COMMON	521865105	62096	1002200	SH	SOLE	0	278650	0	723550
LIMITED BRANDS INC	COMMON	532716107	52700	2635000	SH	SOLE	0	763700	0	1871300
MASSEY ENERGY CORP	COMMON	576206106	137	6200	SH	SOLE	0	6200	0	0
METHANEX CORP	COMMON	59151K108	38320	3421468	SH	SOLE	0	1151465	0	2270003
NAVISTAR INTL CORP NEW	COMMON	63934E108	124	2700	SH	SOLE	0	2700	0	0
NEIMAN MARCUS GROUP INC	CL A	640204202	140	2600	SH	SOLE	0	2600	0	0
NOVA CHEMICALS CORP	COMMON	66977W109	36344	1448550	SH	SOLE	0	414400	0	1034150
ONEOK INC NEW	COMMON	682680103	76765	3404200	SH	SOLE	0	942750	0	2461450
PACKAGING CORP AMER	COMMON	695156109	66226	2935550	SH	SOLE	0	858350	0	2077200
PEABODY ENERGY CORP	COMMON	704549104	38352	824600	SH	SOLE	0	237250	0	587350
PENNEY J C INC	COMMON	708160106	75379	2167300	SH	SOLE	0	549950	0	1617350
PREMCOR INC	COMMON	74045Q104	71902	2321675	SH	SOLE	0	667150	0	1654525
RAYTHEON CO	COM NEW	755111507	66999	2137800	SH	SOLE	0	617700	0	1520100
RITE AID CORP	COMMON	767754104	190	35000	SH	SOLE	0	35000	0	0
SUPERVALU INC	COMMON	868536103	58652	1920510	SH	SOLE	0	542100	0	1378410
TELEDYNE TECHNOLOGIES IN	COMMON	879360105	170	9100	SH	SOLE	0	9100	0	0
TENNECO AUTOMOTIVE INC	COMMON	880349105	241	19000	SH	SOLE	0	19000	0	0
TEXAS INDS INC	COMMON	882491103	195	5400	SH	SOLE	0	5400	0	0
THOMAS & BETTS CORP	COMMON	884315102	79063	3623400	SH	SOLE	0	1040900	0	2582500
TRINITY INDS INC	COMMON	896522109	222	8000	SH	SOLE	0	8000	0	0
UNITED STATES STL CORP N	COMMON	912909108	34009	912500	SH	SOLE	0	253150	0	659350
VALSPAR CORP	COMMON	920355104	158	3200	SH	SOLE	0	3200	0	0
WASTE MGMT INC DEL	COMMON	94106L109	56922	1886100	SH	SOLE	0	536500	0	1349600