SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~August~~ December 3120, 2002

GENEVA STEEL HOLDINGS CORP ~~(Exact Name of Registrant as Specified in Charter)~~

(Exact Name of Registrant as Specified in Charter)


Delaware	0-31020	87-0665504

(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


10 South Geneva Road, Vineyard, UT		84058

(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (801) 227-9000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

TABLE OF CONTENTS

Item 45. ~~Changes~~Other inEvents ~~Registrant’s~~and ~~Certifying~~Regulation ~~Accountant~~FD Disclosure SIGNATURES

Item 45. ~~Changes~~Other inEvents ~~Registrant’s~~and ~~Certifying~~Regulation FD ~~Accountant~~Disclosure

Effective ~~as of August~~December 3120, 2002, ~~Arthur~~John ~~Andersen~~LaMacchia ~~LLP (“Andersen”)~~resigned, ~~the independent~~citing ~~accountant for Geneva Steel Holdings Corp. (the “Company”), was~~personal banned from practice before the Securities and Exchange Commission and ceased rendering auditing services. Andersen audited the Company’s consolidated financial statements for the fiscal year ended September 30reasons, ~~2000~~as ~~(“2000 Financials”).~~a ~~Andersen~~member ~~had~~of ~~also been engaged to audit~~ the ~~Company’s~~board ~~financial statements~~of ~~for~~directors ~~the three months ended December 31, 2000 and the year ended December 31, 2001 following the Company’s use~~ of ~~fresh start accounting after emerging from bankruptcy in January 2001. The audit had not been completed primarily due to the filing by~~ Geneva Steel ~~LLC~~Holdings ~~(“Geneva”), the Company’s primary subsidiary, of a voluntary bankruptcy petition in January 2002~~Corp. ~~Andersen’s report on the Company’s 2000~~ ~~Financials~~and ~~did~~all ~~not~~committees contain an adverse opinion or disclaimer of opinion, nor was such report qualified or modified as to audit scope or accounting principles, except for a modification as to the Company’s ability to continue as a going concernthereof.

~~During~~Effective ~~the year ended December~~January 319, ~~2000 and through the subsequent interim period through August 31~~2003, ~~2002,~~Albert ~~there~~Fried ~~were no (i) disagreements with Andersen on any matter of accounting principle or practice~~resigned, ~~financial~~citing ~~statement disclosure,~~personal ~~or auditing scope or procedure which~~reasons, ~~if not resolved to Andersen’s~~ ~~satisfaction, would have caused them to make reference to the subject matter of the disagreement in connection with its report on the 2000 Financials; and (ii) there were no reportable events~~ as ~~defined in Item 304(~~a~~)(1)(v)~~ ofmember ~~Regulation S-K. The decision~~ of ~~Andersen to resign was not recommended or approved by~~ the ~~Company’s~~ ~~Board~~board of ~~Directors~~directors orof ~~the~~Geneva ~~Audit~~Steel ~~Committee~~Holdings Corp. Weand ~~have provided Andersen~~all ~~with~~committees ~~a copy of the foregoing disclosures~~thereof.

On October 7, 2002, the Audit Committee of the Board of Directors, which is responsible for the selection and replacement of the Company’s independent accountant, engaged Tanner + Co. to be the Company’s new independent accountant. This engagement was approved by the Company’s secured lenders and the bankruptcy court. During the two years ended December 31, 2001 and 2000, and the subsequent interim period through October 7, 2002, neither the Company nor anyone acting on its behalf consulted Tanner + Co. regarding the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, or any matter that was either the subject of a disagreement or a reportable event (as defined in Items 304(a)(1)(iv) and (v) of Regulation S-K).

SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GENEVA STEEL HOLDINGS CORP (Registrant)


	GENEVA STEEL HOLDINGS CORP
	(Registrant)

Date: February 11, 2003	By:	/s/ Stephen M. Bunker

		Stephen M. Bunker
		Vice President of Finance

Date: November 20, 2002	By:	/s/ Stephen M. Bunker
		Stephen M. Bunker
		Vice President of Finance

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