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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 G+ztNcBJr24x3veT9ljnvsRBFW6pe4cldf41zD8VZ1SETenP11YSgSclRzrqdJvY
 dgp8VJYwgNb9u2i3OMgCUw==

<SEC-DOCUMENT>0001209191-03-030524.txt : 20031114
<SEC-HEADER>0001209191-03-030524.hdr.sgml : 20031114
<ACCEPTANCE-DATETIME>20031114165416
ACCESSION NUMBER:		0001209191-03-030524
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031114
FILED AS OF DATE:		20031114

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CAPPELLO FRANK A
		CENTRAL INDEX KEY:			0001200556

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05978
		FILM NUMBER:		031005508

	MAIL ADDRESS:	
		STREET 1:		SIFCO INDUSTRIES INC
		STREET 2:		970 EAST 64TH STREET
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44103

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SIFCO INDUSTRIES INC
		CENTRAL INDEX KEY:			0000090168
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT ENGINES & ENGINE PARTS [3724]
		IRS NUMBER:				340553950
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		970 E 64TH ST
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44103
		BUSINESS PHONE:		2168818600

	MAIL ADDRESS:	
		STREET 1:		970 EAST 64TH STREET
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STEEL IMPROVEMENT & FORGE CO
		DATE OF NAME CHANGE:	19690520
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bcl04194_bcl1fac.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-11-14</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000090168</issuerCik><issuerName>SIFCO INDUSTRIES INC</issuerName>        <issuerTradingSymbol>SIF</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001200556</rptOwnerCik><rptOwnerName>CAPPELLO FRANK A</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>970 EAST 64TH STREET</rptOwnerStreet1><rptOwnerStreet2></rptOwnerStreet2><rptOwnerCity>CLEVELAND</rptOwnerCity><rptOwnerState>OH</rptOwnerState><rptOwnerZipCode>44103</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>VP of Finance - CFO</officerTitle></reportingOwnerRelationship></reportingOwner><deri
vativeTable><derivativeTransaction><securityTitle><value>Stock Options - Right to Purchase</value></securityTitle><conversionOrExercisePrice><value>3.50</value></conversionOrExercisePrice><transactionDate><value>2003-11-03</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>10000</value></transactionShares><transactionPricePerShare><value>3.50</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2004-11-03</value><footnoteId id="F1" /></exerciseDate><expirationDate><value>2013-11-03</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>SIFCO - Common Shares</value></underlyingSecurityTitle><underlyingSecurityShares><value>10000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts>
<sharesOwnedFollowingTransaction><value>35000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">25% of options awarded vest on this date. The balance of awards will vest 25% per year in each of the next three (3) years.</footnote></footnotes><ownerSignature><signatureName>POA - Remigijus H. Belzinskas</signatureName><signatureDate>2003-11-14</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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