SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

Amendment No. 1

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF

1934

For the quarterly period ended March 31, 2008

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF

1934.

For the transition period from                      to                     

Commission File Number 333-79587

CALIFORNIA STEEL INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Delaware	33-0051150
(State or Other Jurisdiction of Incorporation or Organization)	(I.R.S. Employer Identification No.)

14000 San Bernardino Avenue Fontana, California	92335
(Address of principal executive offices of Registrant)	(Zip Code)

(909) 350-6200

(Registrant’s telephone number including area code)

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  x  Yes    ¨  No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated file, or a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer  ¨        Accelerated Filer  ¨        Non-Accelerated Filer  x        Smaller reporting company  ¨

(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.):  ¨  Yes    x  No

As of September 22, 2008, 4,000 shares of the Company’s common stock, no par value, were outstanding.

EXPLANATORY NOTE

California Steel Industries, Inc., is filing this Amendment No. 1 to its Quarterly Report on Form 10-Q (the “Amendment”) for the quarter ended March 31, 2008, which was originally filed on April 25, 2008 (“Original Filing”), to restate certain sections of the Section 302 certifications. The purpose of the restatement is to add additional language which is required by Item 601(B)(31) of Regulation S-K as a result of the inclusion of the report by management on the effectiveness of the company’s internal control over financial reporting in Item 4 of the Original Filing.

PART II

Item 6. Exhibits and Reports on Form 8-K

(a)  Exhibits:

31.1	Restated Certification of President and Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Restated Certification of Executive Vice President and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Amendment No. 1 to its quarterly report on Form 10-Q/A to be signed on its behalf by the undersigned, thereunto duly authorized.

September 22, 2008

CALIFORNIA STEEL INDUSTRIES, INC.
By:	/S/    VICENTE WRIGHT
	Vicente Wright, President and Chief Executive Officer