Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HERBERT PATRICK J III
   2. Issuer Name and Ticker or Trading Symbol
CASTLE A M & CO [CAS] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
3400 NORTH WOLF ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
03/24/2008
(Street)

FRANKLIN PARK, IL 60131		 4. If Amendment, Date Original Filed(Month/Day/Year)
11/26/2008		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (1) 03/24/2008   A   115.473     (2)   (2) Common Stock 115.473 $ 25.98 18,415.87 (3) (4) D  
Phantom Stock (1) 05/09/2008   A   161.655     (2)   (2) Common Stock 161.655 $ 30.93 18,577.525 (5) D  
Phantom Stock (1) 08/11/2008   A   287.644     (2)   (2) Common Stock 287.644 $ 19.99 18,899.325 (6) (7) D  
Phantom Stock (1) 11/24/2008   A   448.029     (2)   (2) Common Stock 448.029 $ 11.16 19,581.471 (8) (9) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HERBERT PATRICK J III
3400 NORTH WOLF ROAD
FRANKLIN PARK, IL 60131		   X   X    

Signatures

 Robert J. Perna, Attorney-In-Fact   12/16/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Conversion is on a 1 for 1 basis.
(2) Phantom Stock acquired under the Issuer's Directors' Deferred Compensation Plan. These shares will become payable, in cash or common stock, at the election of the reporting person upon the reporting person's departure from the Board or otherwise per the reporting person's election made at the time of the election to defer compensation.
(3) Balance includes 53.641 shares acquired on March 7, 2008 pursuant to an automatic dividend reinvestment feature under the Issuer's Directors' Deferred Compensation Plan.
(4) Due to an inadvertent calculation error, the "Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)" reported on this line in Table II on the Form 4 filed on November 26, 2008 should have been 18,415.87 shares rather than 18,451.724 shares, a difference of (35.854) shares.
(5) Due to an inadvertent calculation error, the "Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)" reported on this line in Table II on the Form 4 filed on November 26, 2008 should have been 18,577.525 shares rather than 18,613.379 shares, a difference of (35.854) shares.
(6) Balance includes 34.156 shares acquired on May 22, 2008 pursuant to an automatic dividend reinvestment feature under the Issuer's Directors' Deferred Compensation Plan.
(7) Due to an inadvertent calculation error, the "Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)" reported on this line in Table II on the Form 4 filed on November 26, 2008 should have been 18,899.325 shares rather than 18,901.023 shares, a difference of (1.698) shares.
(8) Balance includes 53.329 shares acquired on August 21, 2008, and 180.788 shares acquired on November 20, 2008 pursuant to an automatic dividend reinvestment feature under the Issuer's Directors' Deferred Compensation Plan.
(9) Due to an inadvertent calculation error (i) the "Price of Derivative Security" reported on this line in Table II of the Form 4 filed on November 26, 2008 should have been $11.16 instead of $8.11, (ii) the "Number of Derivative Securities Acquired or Disposed" and the "Amount or Number of Shares" reported on this line in Table II on the Form 4 filed on November 26, 2008 should have been 448.029 shares rather than 616.523 shares; and (iii) the "Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)" reported on this line in Table II on the Form 4 filed on November 26, 2008 should have been 19,581.471 shares rather than 19,786.332 shares, a difference of (204.861) shares.

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