UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004

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) February 2, 2007

REUNION INDUSTRIES, INC.
----------------------------------------------------------------------
(Exact name of registrant as specified in its charter)

DELAWARE			01-15739			06-1439715
-----------------------------------------------------------------------------
-------------
(State of Incorporation)	(Commission File No.)	(IRS Employer ID No.)

11 STANWIX STREET, SUITE 1400
PITTSBURGH, PENNSYLVANIA 15222
-----------------------------------------------------------------------------
-
(Address of principal executive offices, including zip code)


(412) 281-2111
---------------------------------------------------------------
(Registrant's telephone number, including area code)


NOT APPLICABLE
-----------------------------------------------------------------------------
---
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (See General Instruction A.2. below):

[   ]	Written communications pursuant to Rule 425 under the Securities Act
	(17 CFR 230.425)

[   ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act
	(17 CFR 240.14a-12)

[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))




Item 2.04 ? Triggering Events that Accelerate or Increase a Direct Financial
Obligation or an Obligation under an Off-Balance Sheet Arrangement

	On February 2, 2007, the Company received a letter (the "Trustee Notice
Letter") from U.S. Bank National Association (the"Indenture Trustee"), acting
as Trustee under the Indenture pursuant to which the Company's 13% Senior
Notes ("Senior Notes") were issued. The Senior Notes have matured. The
Company's indebtedness under the Senior Notes consists of $22.0 million of
principal and $11.3 million of accrued interest through January 31, 2007. The
Trustee Notice Letter cited non-payment Events of Default under the Indenture
and demanded immediate payment of all such principal and accrued interest.

	Additionally, on February 2, 2007, the Company received a letter (the
"Steel Letter") from Steel Partners II, L.P.("Steel"), the holder by
assignment of a $3.5 million Promissory Note originally issued by the Company
to LC Capital Master Fund, Ltd. that was due on December 5, 2006 (the "Steel
Note").  The Steel Letter demanded payment of all principal and interest
under the Steel Note.

	Under the terms of an Intercreditor Agreement among all of the
Company's secured lenders, the Indenture Trustee and Steel are each precluded
from exercising its rights and remedies as a secured party with respect to
its loans to the Company until 180 days after it gives notice (a "Standstill
Notice") to Wachovia Bank, N.A., the Company's senior secured lender, of a
declaration of default and a demand for payment by the Company. After the end
of such period, The Indenture Trustee and Steel may exercise such rights and
remedies only if Wachovia Bank is not diligently pursuing in good faith the
exercise of Wachovia's enforcement rights and remedies against the Company.
As a result of the Trustee Notice Letter, which was also delivered to
Wachovia Bank, the 180 day standstill period began on February 2, 2007 for
the Indenture Trustee with respect to the Senior Notes.

	During this current standstill period, the Company is continuing to
investigate other recapitalization scenarios and/or possible sale of assets
to provide the liquidity necessary to pay, in full, its debt obligations.

SIGNATURE

	Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed
on its behalf by the undersigned, hereunto duly authorized.

Date:	February 8, 2007				REUNION INDUSTRIES, INC.
							(Registrant)

							By /s/ John M. Froehlich
								John M. Froehlich
								Executive Vice President
								and Chief Financial Officer


19293.000/406766.1
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{"company-data": {"conformed-name": "REUNION INDUSTRIES INC", "cik": "0001003429", "assigned-sic": "3089", "irs-number": "061439715", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-15739", "film-number": "07593681"}, "business-address": {"street1": "11 STANWIX STREET", "street2": "SUITE 1400", "city": "PITTSBURGH", "state": "PA", "zip": "15222", "phone": "2033248858"}, "mail-address": {"street1": "11 STANWIX STREET", "street2": "SUITE 1400", "city": "PITTSBURGH", "state": "PA", "zip": "15222"}}
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004

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) February 2, 2007

REUNION INDUSTRIES, INC.
----------------------------------------------------------------------
(Exact name of registrant as specified in its charter)

DELAWARE			01-15739			06-1439715
-----------------------------------------------------------------------------
-------------
(State of Incorporation)	(Commission File No.)	(IRS Employer ID No.)

11 STANWIX STREET, SUITE 1400
PITTSBURGH, PENNSYLVANIA 15222
-----------------------------------------------------------------------------
-
(Address of principal executive offices, including zip code)

(412) 281-2111
---------------------------------------------------------------
(Registrant's telephone number, including area code)

NOT APPLICABLE
-----------------------------------------------------------------------------
---
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (See General Instruction A.2. below):

[   ]	Written communications pursuant to Rule 425 under the Securities Act
	(17 CFR 230.425)

[   ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act
	(17 CFR 240.14a-12)

[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))

Item 2.04 ? Triggering Events that Accelerate or Increase a Direct Financial
Obligation or an Obligation under an Off-Balance Sheet Arrangement

	On February 2, 2007, the Company received a letter (the "Trustee Notice
Letter") from U.S. Bank National Association (the"Indenture Trustee"), acting
as Trustee under the Indenture pursuant to which the Company's 13% Senior
Notes ("Senior Notes") were issued. The Senior Notes have matured. The
Company's indebtedness under the Senior Notes consists of $22.0 million of
principal and $11.3 million of accrued interest through January 31, 2007. The
Trustee Notice Letter cited non-payment Events of Default under the Indenture
and demanded immediate payment of all such principal and accrued interest.

	Additionally, on February 2, 2007, the Company received a letter (the
"Steel Letter") from Steel Partners II, L.P.("Steel"), the holder by
assignment of a $3.5 million Promissory Note originally issued by the Company
to LC Capital Master Fund, Ltd. that was due on December 5, 2006 (the "Steel
Note").  The Steel Letter demanded payment of all principal and interest
under the Steel Note.

	Under the terms of an Intercreditor Agreement among all of the
Company's secured lenders, the Indenture Trustee and Steel are each precluded
from exercising its rights and remedies as a secured party with respect to
its loans to the Company until 180 days after it gives notice (a "Standstill
Notice") to Wachovia Bank, N.A., the Company's senior secured lender, of a
declaration of default and a demand for payment by the Company. After the end
of such period, The Indenture Trustee and Steel may exercise such rights and
remedies only if Wachovia Bank is not diligently pursuing in good faith the
exercise of Wachovia's enforcement rights and remedies against the Company.
As a result of the Trustee Notice Letter, which was also delivered to
Wachovia Bank, the 180 day standstill period began on February 2, 2007 for
the Indenture Trustee with respect to the Senior Notes.

	During this current standstill period, the Company is continuing to
investigate other recapitalization scenarios and/or possible sale of assets
to provide the liquidity necessary to pay, in full, its debt obligations.

SIGNATURE

	Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed
on its behalf by the undersigned, hereunto duly authorized.

Date:	February 8, 2007				REUNION INDUSTRIES, INC.
							(Registrant)

							By /s/ John M. Froehlich
								John M. Froehlich
								Executive Vice President
								and Chief Financial Officer

19293.000/406766.1