U.S. SECURITIES AND EXCHANGE COMMISSION
                           Washington, DC  20549

                                   Form 4

                          STATEMENT OF CHANGES IN
                           BENEFICIAL OWNERSHIP

              Filed pursuant to Section 16(a) of the Securities
          Exchange Act of 1934, Section 17(a) of the Public Utility
                Holding Company Act of 1935 or Section 30(f)
                   of the Investment Company Act of 1940

1.   Name and Address of Reporting Person

          J.R. Simplot Self Declaration of Revocable Trust
          999 Main Street
          Boise, ID  83702

2.   Issuer Name and Ticker or Trading Symbol

          Commonwealth Industries, Inc. (CMIN)

3.   IRS or Social Security Number of Reporting Person
     (Voluntary)

4.   Statement for Month/Year

          5/02

5.   If Amendment, Date of Original (Month/Year)

          N/A

6.   Relationship of Reporting Person to Issuer
     (Check all applicable)

     [___]  Director

     [ X ]  10% Owner

     [___]  Officer (give title below)

     [___]  Other (specify below)

FORM 4, Page 1 of 4


                TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED,
                     DISPOSED OF, OR BENEFICIALLY OWNED

1.   Title of Security (Instr. 3)

          Common Stock

2.   Transaction Date (Month/Day/Year)

          5/6/02
          5/6/02
          5/6/02
          5/6/02
          5/7/02
          5/7/02
          5/7/02
          5/7/02
          5/8/02
          5/10/02
          5/13/02
          5/15/02
          5/17/02
          5/20/02
          5/21/02
          5/24/02

3.   Transaction Code (Instr. 8)

          Code          S

4.   Securities Acquired (A) or Disposed of (D)
     (Instr. 3, 4 and 5)



                              
          Amount     (A) or (D)     Price
          ------     ----------     -----
          9,100          D          $7.35
          100            D           7.351
          400            D           7.37
          400            D           7.38
          8,121          D           7.50
          400            D           7.57
          1,300          D           7.70
          179            D           7.739
          10,000         D           7.67

FORM 4, Page 2 of 4


          5,000          D           7.40
          10,000         D           7.57
          5,000          D           7.00
          5,000          D           7.15
          20,000         D           7.10
          10,000         D           7.03
          200,000        D           7.00


5.   Amount of Securities Beneficially Owned at End of Month
     (Instr. 3 and 4)

          1,767,000

6.   Ownership Form:  Direct (D) or Indirect (I) (Instr. 4)

          D

7.   Nature of Indirect Beneficial Ownership (Instr. 4)

                 TABLE II - DERIVATIVE SECURITIES ACQUIRED,
                     DISPOSED OF, OR BENEFICIALLY OWNED
       (e.g., puts, calls, warrants, options, convertible securities)

1.   Title of Derivative Security (Instr. 3)

2.   Conversion or Exercise Price of Derivative Security

3.   Transaction Date (Month/Day/Year)

4.   Transaction Code (Instr. 8)

          Code

5.   Number of Derivative Securities Acquired (A) or Disposed
     of (D) (Instr. 3, 4 and 5)

          (A)           (D)

FORM 4, Page 3 of 4


6.   Date Exercisable and Expiration Date (Month/Day/Year)

          Date Exercisable     Expiration Date

7.   Title and Amount of Underlying Securities (Instr. 3 and 4)

          Title     Amount of Number of Shares

8.   Price of Derivative Security (Instr. 5)

9.   Number of Derivative Securities Beneficially Owned at
     End of Month (Instr. 4)

10.  Ownership Form of Derivative Security: Direct (D) or
     Indirect (I) (Instr. 4)

11.  Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Date:   June 5, 2002

                                    J.R. Simplot
                                    Self-Declaration of Revocable Trust



                                    By: /s/ J.R. Simplot
                                        -----------------------------------
                                        J.R. Simplot, as Trustee

FORM 4, Page 4 of 4