(Mark One)

| |  |                                                                                                    
| |  | ---------------------------------------------------------------------------------------------------
| |  | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]

For the fiscal year ended December 31, 2000

| |  |                                                                                                           
| |  | ----------------------------------------------------------------------------------------------------------
| |  | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

For the transition period from  to



---

|                                                               |  |                                  
|-------------------------------------------------------------- |  | ---------------------------------
|DELAWARE                                                       |  | 38-3340770                       
|(State or other jurisdiction of
incorporation or organization) |  | (IRS Employer
Identification No.)

|                                                                                             |  |                      
|-------------------------------------------------------------------------------------------- |  | ---------------------
|3001 Miller Road, P.O. Box 1699, Dearborn, Michigan
(Address of principal executive offices) |  | 48121-1699
(Zip Code)



---

Securities registered pursuant to Section 12(b) of the Act:

|                                      |  |                                          
|------------------------------------- |  | -----------------------------------------
|Title of each class                   |  | Name of each exchange
on which registered
|                                     
|                                     
|                                     
|                                     
|Class A Common Stock, $0.01 par value |  | New York Stock Exchange                  

Securities registered pursuant to Section 12(g) of the Act:



Indicate by check mark whether 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.

|    |  |   
|--- |  | --
|YES |  | NO

Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrants knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.

Based upon the closing price of the Class A Common Stock on February 28,
2001, as reported on the New York Stock Exchange composite tape (as reported by
the Wall Street Journal), the aggregate market value of registrants Class A
Common Stock held by nonaffiliates of registrant as of such date was
$31,981,160.

The number of shares of common stock issued and outstanding as of February
28, 2001 was 22,237,859. This amount includes 15,097,459 shares of Class A
Common Stock and 7,140,400 shares of Class B Common Stock.



Selected portions of the 2001 Proxy Statement of Rouge Industries, Inc. are incorporated by reference into Part III of
this Form 10-K to the extent provided herein.













---



This report on Form 10-K/A-1 is being filed to amend the Annual Report on
Form 10-K filed with the Securities and Exchange Commission by Rouge
Industries, Inc. on March 16, 2001. The amendment is required to correct a
typographical error in Note 6  Pension and Postretirement Benefit Plans which
appeared on page 50 of the original 10-K. The page that follows this Explanatory
Note should replace page 50 of the original 10-K in its entirety.

-2-



---



NOTE 6  PENSION AND POSTRETIREMENT BENEFIT PLANS

The following table presents benefit obligation, asset value, funded status,
cash flow and weighted- average assumptions for Rouge Steels pension and
postretirement benefit plans (dollars in thousands):




|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |   |         |         |         |   |         |         |         |  
|------------------------------------------------------------------- | ---------------------------------------- | ---------------------------------------- | ------- | ------------- | ------- | - | ---------------------------- | ------ | ------- | ---- | ------- | ------ | ------- | - | ------- | ------- | ------- | - | ------- | ------- | ------- | - | ------- | ------- | ------- | -
|                                                                    |                                          |                                          |        
|                                                                    |                                          |                                          |         | Pension Plans |         |   | Postretirement Benefit Plans
|                                                                    |                                          |                                          |         |               |         |   |                             
|                                                                    |                                          |                                          |         | 2000          |         |   | 1999                         |        |         | 1998 |         |        | 2000    |   |         | 1999    |         |   | 1998    |        
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |   |         |        
|Change in Benefit Obligation                                       
|Benefit Obligation at Beginning of Year                             |                                          | $                                        | 141,446 |               |         | $ | 130,763                      |        |         | $    | 109,087 |        |         | $ | 68,594  |         |         | $ | 67,879  |         |         | $ | 54,530  |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Service Cost                             |                                          |         | 7,006         |         |   |                              | 7,993  |         |      |         | 8,116  |         |   |         | 4,346   |         |   |         | 4,490   |         |   |         | 3,649   |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Interest Cost                            |                                          |         | 11,125        |         |   |                              | 9,280  |         |      |         | 8,425  |         |   |         | 5,459   |         |   |         | 4,878   |         |   |         | 4,211   |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Participants Contributions              |                                          |         | 329           |         |   |                              | 337    |         |      |         | 337    |         |   |         |        |         |   |         |        |         |   |         |        |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Plan Amendments                          |                                          |         | 9,728         |         |   |                              |       |         |      |         |       |         |   |         | (231    | )       |   |         |        |         |   |         |        |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Actuarial (Gain) Loss                    |                                          |         | (15,673       | )       |   |                              | (4,034 | )       |      |         | 6,821  |         |   |         | (5,951  | )       |   |         | (8,320  | )       |   |         | 5,727   |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Total Benefit Payments                   |                                          |         | (4,011        | )       |   |                              | (2,893 | )       |      |         | (2,023 | )       |   |         | (449    | )       |   |         | (333    | )       |   |         | (238    | )      
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |  
|                                                                    |                                          | Benefit Obligation at End of Year        |         | $             | 149,950 |   |                              | $      | 141,446 |      |         | $      | 130,763 |   |         | $       | 71,768  |   |         | $       | 68,594  |   |         | $       | 67,879  |  
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |  
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|Change in Plan Assets                                              
|Fair Value of Plan Assets at Beginning of Year                      |                                          | $                                        | 146,253 |               |         | $ | 128,055                      |        |         | $    | 121,360 |        |         | $ |        |         |         | $ |        |         |         | $ |        |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Actual Return on Plan Assets             |                                          |         | 20,538        |         |   |                              | 20,554 |         |      |         | 6,550  |         |   |         |        |         |   |         |        |         |   |         |        |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Employer Contributions                   |                                          |         | 861           |         |   |                              | 187    |         |      |         | 2,124  |         |   |         | 449     |         |   |         | 333     |         |   |         | 238     |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Participants Contributions              |                                          |         | 329           |         |   |                              | 337    |         |      |         | 337    |         |   |         |        |         |   |         |        |         |   |         |        |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Total Benefit Payments                   |                                          |         | (4,011        | )       |   |                              | (2,893 | )       |      |         | (2,023 | )       |   |         | (449    | )       |   |         | (333    | )       |   |         | (238    | )      
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Other                                    |                                          |         | (195          | )       |   |                              | 13     |         |      |         | (293   | )       |   |         |        |         |   |         |        |         |   |         |        |        
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |  
|                                                                    |                                          | Fair Value of Plan Assets at End of Year |         | $             | 163,775 |   |                              | $      | 146,253 |      |         | $      | 128,055 |   |         | $       |        |   |         | $       |        |   |         | $       |        |  
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |  
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|Funded Status                                                       |                                          | $                                        | 13,825  |               |         | $ | 4,807                        |        |         | $    | (2,708  | )      |         | $ | (71,768 | )       |         | $ | (68,594 | )       |         | $ | (67,879 | )      
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|Unrecognized Actuarial (Gain) Loss                                  |                                          |                                          | (37,647 | )             |         |   | (14,427                      | )      |         |      | (967    | )      |         |   | (1,571  | )       |         |   | 4,380   |         |         |   | 13,273  |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|Unrecognized Prior Service Cost                                     |                                          |                                          | 16,547  |               |         |   | 7,492                        |        |         |      | 8,600   |        |         |   | (88     | )       |         |   | 190     |         |         |   | 237     |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|Adjustment to Book Value                                            |                                          |                                          |        |               |         |   |                             |        |         |      |        |        |         |   | 139     |         |         |   | 88      |         |         |   | 68      |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|Adjustment for Sept. 30th Measurement Date                          |                                          |                                          | 2       |               |         |   | 81                           |        |         |      |        |        |         |   |        |         |         |   |        |         |         |   |        |        
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |  
|                                                                    |                                          | Net Amount Recognized                    |         | $             | (7,273  | ) |                              | $      | ( 2,047 | )    |         | $      | 4,925   |   |         | $       | (73,288 | ) |         | $       | (63,936 | ) |         | $       | (54,301 | )
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |  
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|Amount
Recognized in the Consolidated    Balance Sheets Consists of
|                                                                    | Prepaid Benefit Cost                     |                                          | $       | 4,818         |         |   | $                            | 3,945  |         |      | $       | 6,837  |         |   | $       |        |         |   | $       |        |         |   | $       |        |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Accrued Benefit Liability                |                                          |         | (12,091       | )       |   |                              | (5,992 | )       |      |         | (1,912 | )       |   |         | (73,288 | )       |   |         | (63,936 | )       |   |         | (54,301 | )      
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Additional Minimum Liability             |                                          |         | (607          | )       |   |                              | (5,286 | )       |      |         | (5,878 | )       |   |         |        |         |   |         |        |         |   |         |        |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Intangible Asset                         |                                          |         | 567           |         |   |                              | 980    |         |      |         | 1,366  |         |   |         |        |         |   |         |        |         |   |         |        |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Accumulated Other Comprehensive Income   |                                          |         | 40            |         |   |                              | 4,306  |         |      |         | 4,512  |         |   |         |        |         |   |         |        |         |   |         |        |        
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |  
|                                                                    |                                          | Net Amount Recognized                    |         | $             | (7,273  | ) |                              | $      | (2,047  | )    |         | $      | 4,925   |   |         | $       | (73,288 | ) |         | $       | (63,936 | ) |         | $       | (54,301 | )
|                                                                    |                                          |                                          |         |               |         |   |                              |        |         |      |         |        |         |   |         |         |         |  
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|Weighted-Average Assumptions                                       
|                                                                    | Discount Rate                            |                                          |         | 8.00          | %       |   |                              | 7.50   | %       |      |         | 6.75   | %       |   |         | 8.00    | %       |   |         | 7.50    | %       |   |         | 6.75    | %      
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Expected Return on Plan Assets           |                                          |         | 9.00          |         |   |                              | 9.00   |         |      |         | 9.00   |         |   |         | N/A     |         |   |         | N/A     |         |   |         | N/A     |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Rate of Compensation Increase  Salaried |                                          |         | 3.70          |         |   |                              | 3.70   |         |      |         | 3.70   |         |   |         | 3.70    |         |   |         | 3.70    |         |   |         | 3.70    |        
|                                                                   
|                                                                   
|                                                                   
|                                                                   
|                                                                    | Rate of Compensation Increase  Hourly   |                                          |         | N/A           |         |   |                              | N/A    |         |      |         | N/A    |         |   |         | 3.00    |         |   |         | 3.00    |         |   |         | 3.00    |        




For measurement purposes, an assumed health care trend rate of 6.0% was used for
the postretirement benefit obligation in 2000, 1999 and 1998. A measurement date
of September 30 was used for the pension plans and the postretirement benefit
plans.

-3-



---



Pursuant to the requirements of Section 13 or 15(a) of the Securities Exchange
Act of 1934, as amended, the Registrant has duly caused this report on Form
10-K/A-1 to be signed on its behalf by the undersigned, thereunto duly
authorized, on the 30th day of March 2001.



| | ROUGE INDUSTRIES,
INC.                                                     | 
| | -------------------------------------------------------------------------- | 
|
| | By: /s/ Gary P. Latendresse                                                | 
| |                                                                            | 
| | Name: Gary P. Latendresse
Title: Vice Chairman and
Chief Financial Officer | 

-4-