-----BEGIN PRIVACY-ENHANCED MESSAGE-----
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,
 EiyezcPNkom2rfYP2L6JXDyKP3aYdbRanANLjn4c/3FzpAprsSKqShrsiRPyBu6r
 3HSTfat6nWt4OCOkwPzXFg==

<SEC-DOCUMENT>0000891092-09-000061.txt : 20090106
<SEC-HEADER>0000891092-09-000061.hdr.sgml : 20090106
<ACCEPTANCE-DATETIME>20090106125814
ACCESSION NUMBER:		0000891092-09-000061
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090102
FILED AS OF DATE:		20090106
DATE AS OF CHANGE:		20090106

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MINDICH JEREMY
		CENTRAL INDEX KEY:			0001431207

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33342
		FILM NUMBER:		09509105

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		212-370-0303

	MAIL ADDRESS:	
		STREET 1:		C/O SCOPIA MANAGEMENT INC
		STREET 2:		450 SEVENTH AVENUE, 43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SIROVICH MATTHEW
		CENTRAL INDEX KEY:			0001431208

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33342
		FILM NUMBER:		09509104

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		212-370-0303

	MAIL ADDRESS:	
		STREET 1:		C/O SCOPIA MANAGEMENT INC
		STREET 2:		450 SEVENTH AVENUE, 43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVAMERICAN STEEL INC.
		CENTRAL INDEX KEY:			0001362614
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310]
		IRS NUMBER:				204790836
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1124

	BUSINESS ADDRESS:	
		STREET 1:		1050 UNIVERSITY AVENUE
		CITY:			NORWOOD
		STATE:			MA
		ZIP:			02062
		BUSINESS PHONE:		781-762-0123

	MAIL ADDRESS:	
		STREET 1:		1050 UNIVERSITY AVENUE
		CITY:			NORWOOD
		STATE:			MA
		ZIP:			02062

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Symmetry Holdings Inc
		DATE OF NAME CHANGE:	20060512

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCOPIA MANAGEMENT INC
		CENTRAL INDEX KEY:			0001279150
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33342
		FILM NUMBER:		09509106

	BUSINESS ADDRESS:	
		STREET 1:		450 SEVENTH AVENUE
		STREET 2:		43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
		BUSINESS PHONE:		212-370-0303

	MAIL ADDRESS:	
		STREET 1:		450 SEVENTH AVENUE
		STREET 2:		43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10123
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>e34070_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-01-02</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001362614</issuerCik>
        <issuerName>NOVAMERICAN STEEL INC.</issuerName>
        <issuerTradingSymbol>TONS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001279150</rptOwnerCik>
            <rptOwnerName>SCOPIA MANAGEMENT INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>450 SEVENTH AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>43RD FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10123</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001431207</rptOwnerCik>
            <rptOwnerName>MINDICH JEREMY</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SCOPIA MANAGEMENT INC</rptOwnerStreet1>
            <rptOwnerStreet2>450 SEVENTH AVENUE, 43RD FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10123</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001431208</rptOwnerCik>
            <rptOwnerName>SIROVICH MATTHEW</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SCOPIA MANAGEMENT INC</rptOwnerStreet1>
            <rptOwnerStreet2>450 SEVENTH AVENUE, 43RD FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10123</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-01-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>75000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.67</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2559673</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote (1)</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These securities are held in the accounts of several investment funds (the &quot;Investment Vehicles&quot;) for
 which Scopia Management Inc. (&quot;Scopia Management&quot;) serves as the investment manager. Matthew Sirovich and Jeremy Mindich are
 the control persons of Scopia Management. Scopia Management and Messrs. Sirovich and Mindich may be deemed to beneficially
 own the securities held by the Investment Vehicles and Messrs. Sirovich and Mindich's status as the control persons of
 Scopia Management. Each such Reporting Person disclaims beneficial ownership of the reported securities except to the extent
 of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the
 beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any
 other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Scopia Management Inc. By: /s/ Jeremy Mindich, President</signatureName>
        <signatureDate>2009-01-06</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Jeremy Mindich</signatureName>
        <signatureDate>2009-01-06</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Matt Sirovich</signatureName>
        <signatureDate>2009-01-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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