0001099409-12-000029.txt : 20120926 0001099409-12-000029.hdr.sgml : 20120926 20120926162800 ACCESSION NUMBER: 0001099409-12-000029 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120926 DATE AS OF CHANGE: 20120926 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Fushi Copperweld, Inc. CENTRAL INDEX KEY: 0000710846 STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357] IRS NUMBER: 133140715 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46672 FILM NUMBER: 121111264 BUSINESS ADDRESS: STREET 1: 1 SHUANG QIANG ROAD, JINZHOU CITY: DALIAN STATE: F4 ZIP: 116100 BUSINESS PHONE: (860)435-7000 MAIL ADDRESS: STREET 1: 1 SHUANG QIANG ROAD, CITY: JINZHOU DALIAN F4 STATE: F4 ZIP: 116100 FORMER COMPANY: FORMER CONFORMED NAME: Fushi Copperweld, Inc DATE OF NAME CHANGE: 20080124 FORMER COMPANY: FORMER CONFORMED NAME: FUSHI INTERNATIONAL INC DATE OF NAME CHANGE: 20060213 FORMER COMPANY: FORMER CONFORMED NAME: PARALLEL TECHNOLOGIES INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GMT CAPITAL CORP CENTRAL INDEX KEY: 0001106191 IRS NUMBER: 582021147 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: GMT CAPITAL CORP STREET 2: 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH CITY: ATLANTA STATE: GA ZIP: 30339 BUSINESS PHONE: 7709898250 MAIL ADDRESS: STREET 1: GMT CAPITAL CORP STREET 2: 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH CITY: ATLANTA STATE: GA ZIP: 30339 SC 13D/A 1 fushicopperwelddamendfour.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 4)* FUSHI COPPERWELD, INC. ------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, (PAR VALUE $0.006 Per Share) ------------------------------------------------------------------------------- (Title of Class of Securities) 36113E107 ------------------------------------------------------------------------------- (CUSIP Number) Gilbert H. Davis Sims Moss Kline & Davis LLP Three Ravinia Drive, Suite 1700 Atlanta, GA 30346 (770) 481-7205 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) SEPTEMBER 25, 2012 ------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d- 1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ------------------------------------------------------------------------------- Page 1 of 8 Pages SCHEDULE 13D CUSIP No. 36113E107 ------------------------------------------------------------------------ 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). Bay Resource Partners, L.P. ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) a. [ ] b. [ ] ------------------------------------------------------------------------------- 3 SEC Use Only ------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) WC ------------------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] ------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Delaware ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF None SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 422,700 REPORTING PERSON ---------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER None ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 422,700 ------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 422,700 ------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] ------------------------------------------------------------------------------- 13 Percent of Class Represented By Amount in Row (11) 1.1% ------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ------------------------------------------------------------------------------- Page 2 of 8 Pages SCHEDULE 13D CUSIP No. 36113E107 ------------------------------------------------------------------------ 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). Bay II Resource Partners, L.P. ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) a. [ ] b. [ ] ------------------------------------------------------------------------------- 3 SEC Use Only ------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) WC ------------------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] ------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Delaware ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF None SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 876,100 REPORTING PERSON ---------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER None ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 876,100 ------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 876,100 ------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] ------------------------------------------------------------------------------- 13 Percent of Class Represented By Amount in Row (11) 2.3% ------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ------------------------------------------------------------------------------- Page 3 of 8 Pages SCHEDULE 13D CUSIP No. 36113E107 ------------------------------------------------------------------------ 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). Bay Resource Partners Offshore Master Fund, L.P. ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) a. [ ] b. [ ] ------------------------------------------------------------------------------- 3 SEC Use Only ------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) WC ------------------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] ------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Cayman Islands ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF None SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 1,818,161 REPORTING PERSON ---------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER None ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,818,161 ------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 1,818,161 ------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] ------------------------------------------------------------------------------- 13 Percent of Class Represented By Amount in Row (11) 4.7% ------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) PN ------------------------------------------------------------------------------- Page 4 of 8 Pages SCHEDULE 13D CUSIP No. 36113E107 ------------------------------------------------------------------------ 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). GMT Capital Corp. ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) a. [ ] b. [ ] ------------------------------------------------------------------------------- 3 SEC Use Only ------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) WC ------------------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] ------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Delaware ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF None SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 3,201,061 REPORTING PERSON ---------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER None ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,201,061 ------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 3,201,061 ------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] ------------------------------------------------------------------------------- 13 Percent of Class Represented By Amount in Row (11) 8.3% ------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IA ------------------------------------------------------------------------------- Page 5 of 8 Pages SCHEDULE 13D CUSIP No. 36113E107 ------------------------------------------------------------------------ 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). Thomas E. Claugus ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) a. [ ] b. [ ] ------------------------------------------------------------------------------- 3 SEC Use Only ------------------------------------------------------------------------------- 4 Source of Funds (See Instructions) OO ------------------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] ------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Delaware ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 75,500 SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 3,201,061 REPORTING PERSON ---------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER 75,500 ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,201,061 ------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 3,276,561 ------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] ------------------------------------------------------------------------------- 13 Percent of Class Represented By Amount in Row (11) 8.5% ------------------------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN ------------------------------------------------------------------------------- Page 6 of 8 Pages SCHEDULE 13D CUSIP No. 36113E107 ------------------------------------------------------------------------------- Explanatory Note: This Amendment No. 4 amends and supplements Amendment No. 3 to Schedule 13D filed on March 23, 2012 which amended and supplemented Amendment No. 2 to Schedule 13D filed on March 17, 2011 which amended and supplemented Amendment No. 1 to Schedule 13D filed on November 23, 2010 which amended and supplemented the Schedule 13D filed on November 5, 2010. The Reporting Persons previously reported their beneficial ownership of the Common Stock on a Schedule 13G filed October 8, 2010, as amended by Amendment No. 1 thereto filed October 13, 2010 and Amendment No. 2 thereto filed October 27, 2010. Item 1. Security and Issuer ------------------- No material changes. Item 2. Identity and Background ----------------------- No material changes. Item 3. Source and Amount of Funds or Other Consideration ------------------------------------------------- No material changes except as set forth on Schedule A attached hereto. Item 4. Purpose of Transaction ---------------------- No material changes. Item 5. Interest in Securities of the Issuer ------------------------------------ There are no material changes from Amendment No. 3 to Schedule 13D filed by the Reporting Persons on March 17, 2011 except as regards beneficial ownership as indicated on Pages 2 through 6 herein and as provided below. The aggregate percentage of Shares reported as owned by each Reporting Person is based upon 38,363,952 Shares outstanding as of August 9, 2012, which is the total number of Shares outstanding as reported in the Issuers Form Prem 14A - Preliminary proxy statements relating to merger or acquisition filed with the Securities and Exchange Commission (SEC) on August 13, 2012. This Statement is being filed with respect to an aggregate of 3,276,561 Shares of Common Stock. Page 7 of 8 Pages SCHEDULE 13D CUSIP No. 36113E107 ------------------------------------------------------------------------------- Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer ----------------------------------- No material changes. ------------------------------------------------------------------------------- Item 7. Material to be Filed as Exhibits -------------------------------- No material changes. After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct. Dated: August 26, 2012 /s/ Thomas E. Claugus -------------------------------- Thomas E. Claugus, for himself and as President of GMT Capital Corp., for itself and as the general partner of (i) Bay Resource Partners, L.P. and (ii) Bay II Resource Partners, L.P., and as the investment manager of (iii) Bay Resource Partners Offshore Master Fund, L.P. and (iv) certain other accounts. Page 8 of 8 Pages ----------------------------------------------------------------------------- Schedule A ---------- Transactions In The Shares During The Past 60 Days ------------------------------------------------------------------------- BAY RESOURCE PARTNERS, L.P. (Bay) Date of No. Shares Price Per Sale Sold Share -------- ------------- ---------- 7/31/2012 13,900 $8.83 9/24/2012 11,300 $8.99 9/25/2012 1,400 $8.86 BAY II RESOURCE PARTNERS, L.P. (Bay II) Date of No. Shares Price Per Sale Sold Share -------- ------------- ---------- 7/31/2012 28,900 $8.83 9/24/2012 23,500 $8.99 9/25/2012 2,900 $8.86 BAY RESOURCE PARTNERS OFFSHORE MASTER FUND, L.P. (Offshore Fund) Date of No. Shares Price Per Sale Sold Share -------- ------------- ---------- 7/31/2012 60,000 $8.83 9/24/2012 48,826 $8.99 9/25/2012 5,865 $8.86 GMT CAPITAL CORP. Date of No. Shares Price Per Sale Sold Share -------- ------------- ---------- 7/31/2012 3,500 $8.83 9/14/2012 22,000 $9.07 9/24/2012 2,300 $8.99 9/25/2012 300 $8.86 THOMAS E. CLAUGUS (CLAUGUS) Date of No. Shares Price Per Sale Sold Share -------- ------------- ---------- 7/31/2012 2,500 $8.83 9/24/2012 2,000 $8.99 9/25/2012 300 $8.86 All of the above transactions were open market sales on the NASDAQ National Market System. 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