============================================================================

              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)   September 9, 2008
                                                         ------------------


                          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 8.01 - Other Events

       As previously reported, on November 26, 2007 Reunion Industries, Inc.
("Reunion") filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code in the United States Bankruptcy Court for the District of
Connecticut, Bridgeport Division (the "Bankruptcy Court").   Reunion continues
to operate as "debtor-in-possession" in that proceeding under the jurisdiction
of the Bankruptcy Court and in accordance with the applicable provisions of
the Bankruptcy Code.  Attached to and made a part of this Report is Reunion's
Monthly Operating Report that was filed on August 27,2008 with the Bankruptcy
Court and the United States Trustee pursuant to Rule 2015 of the Federal Rules
of Bankruptcy Procedure.




                                 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:  September 9, 2008                      REUNION INDUSTRIES, INC.
       -----------------                            (Registrant)

                                              By: /s/ John M. Froehlich
                                                  ---------------------
                                                    John M. Froehlich
                                                 Executive Vice President
                                                   of Finance and Chief
                                                    Financial Officer

-	2	-

































UNITED STATES BANKRUPTCY COURT
BRIDGEPORT DIVISION - DISTRICT OF CONNECTICUT
MONTHLY OPERATING REPORT


In re REUNION INDUSTRIES, INC.			Case No. 07-50727(AHWS)
      ------------------------                           --------------
							Reporting Period:  JULY 2008
									      -----------
                                          Federal Tax I.D. # 06-1439715
										-----------

CORPORATE MONTHLY OPERATING REPORT


REQUIRED DOCUMENTS                Form No.        Document   Explanation
								  Attached    Attached
-----------------------------    --------------   --------  ------------
Schedule of Cash Receipts
	and Disbursements		     MOR-1		    YES	     N/A
Bank Reconciliations		     MOR-1(CON'T)	    YES          N/A
Statement of Operations		     MOR-2		    YES 	     N/A
Balance Sheet			     MOR-3		    YES	     N/A
Status of Post-petition Taxes	     MOR-4		    YES	     N/A
Summary of Unpaid Post-petition
	Debts				     MOR-4		    YES	     N/A
Accounts Receivable 		     MOR-5		    YES	     N/A
Taxes Reconciliation & Aging	     MOR-5		    YES	     N/A
Payments -Insiders/Professionals   MOR-6		    YES	     N/A
Post Petition Status of Secured
	Notes, Leases Payable	     MOR-6		    YES	     N/A
Debtor Questionnaire		     MOR-7		    YES	     N/A


I declare under penalty of perjury (28 U.S.C. Section 1746) that this
report and the attached documents are true and correct to the best of
my knowledge and belief.



Authorized Individual  \s\ JOHN M. FROEHLICH, CFO	Date AUGUST 25, 2008
			      -------------------------	     ---------------





Authorized individual must be an officer, director or shareholder if
debtor is a corporation.










						- A-1 -







REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 1			      page 1/4
CASH RECEIPTS AND DISBURSEMENTS
JULY 2008
---------


	Cash - beginning of period excluding		     $ 16,504,083

	Plus: Collections on receivables				  1,580,288
	Plus:	Miscellaneous/Titan receipts/China Dividend	    752,460

	Less: Disbursements
		Net payroll							    350,158
		Payroll taxes						    162,193
		Titan disbursements					     23,955
		Other operating 						  1,576,872
		Secured debt payments					  9,439,642
		Reorganization:
			Professional fees					          0
			U.S. Trustee fees					     30,000
										 ----------
							Total			 11,582,820

	Increase(Decrease)in outstanding checks			     83,327
										 ----------
	Cash - end of period					     $  7,170,684
										 ==========































						- A-2 -








REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 1			      page 2/4
BANK RECONCILIATION
AS OF JULY 31, 2008
-------------------






BANK					PNC BANK	PNC BANK	PNC BANK	PNC BANK
TYPE					OPERATING	PAYROLL		HEALTHCARE	PENSION
ACCOUNT NUMBER				2161326		2184149		2880718		10382890


Balance per books			$ 94,732	$    0		$     0		$      0
					========	=======		========	========

BANK BALANCE 				$283,815	$      0	$ 27,268	$    710
Deposits in transit	       		       0
Outstanding checks			(189,083)	       -	 (27,268)	    (710)
Other - explain below			See Note 1
					--------	--------	--------	--------

Adj. Bank Balance			$ 94,732	$      0	$      0	$      0
					========	========	========	========

("Adj. Bank Balance" must equal "Balance per books".)



EXPLANATION OF OTHER:
		Note 1: Bank balance includes $239,258 in an overnight deposit account.































						- A-3 -






REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 1			      page 3/4
BANK RECONCILIATION
AS OF JULY 31, 2008
-------------------






BANK				PNC BANK	PNC BANK	PNC BANK    PNC BANK
TYPE				PENSION		COLLATERAL	CARVE-OUT  SEGREGATED
ACCOUNT NUMBER			1011567058	1019820572	1019820847  1019821057


Balance per books		$      0	$5,830,223	 $250,944    $250,944
				========	==========	 ========    ========

BANK BALANCE 			$  6,131	$5,830,223	 $250,944    $250,944
Deposits in transit	       	       0
Outstanding checks		  (6,131)
Other - explain below		--------	----------	 --------    --------
Adj. Bank Balance		$      0	$5,830,223	 $250,944    $250,944
				========	==========	 ========    ========

("Adj. Bank Balance" must equal "Balance per books".)
































						- A-4 -









REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 1			      page 4/4
BANK RECONCILIATION
AS OF JULY 31, 2008
-------------------






BANK				FIFTH THIRD	FIFTH THIRD	 Chase	      Chase
TYPE				OPERATING	  PAYROLL	Operating    Royalty
ACCOUNT NUMBER			7512940417	  1065629	1690008469  1820765236


Balance per books		$ 482,100	$       0	$ 75,754    $ 185,987
				=========	 ========	 =======     ========

BANK BALANCE 			$ 625,549	$       0	$ 75,754    $ 185,987
Deposits in transit
Outstanding checks		 (143,449)
Other - explain below
				---------	 --------	 -------     --------

Adj. Bank Balance		$ 482,100	$       0	$ 75,754    $ 185,987
				=========	 ========	 =======     ========

("Adj. Bank Balance" must equal "Balance per books".)


































						- A-5 -







REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 2
INCOME STATEMENT
FOR THE PERIODS INDICATED
-------------------------
($ amounts in thousands)

									              Post
								       Month of  Petition to
									  Jul-08	31-July-08
									 --------	---------

Net Sales								$  1,496	$ 26,560
Cost of Sales:
	Standard Cost						   1,042	  19,354
	Variances & Other						     255	   1,781
									  ------	 -------

	Gross Profit						     199	   5,425

Operating Expenses:
	Marketing							      47	     810
	General & Admin						     278	   2,646
									  ------	 -------

	Operating Profit						    (126)	   1,969

Other Income(Expense)						     143	  40,154
Equity in China JV						     175         585
Reorganization exp:
	Professional fees						       0        (187)
	U.S. Trustee fees						       0 	     (21)
	Other
	Adequate Protection Paym't Exp.			       0 	    (450)
Interest Expense - excluding Adequate
	Protection Payments					    (272)	  (3,925)
									  ------	 -------

	Profit before tax						     (80)	  38,125

Income Tax									 0	       0
									  ------	 -------

	Net Income							$    (80)	$ 38,125
									  ======	 =======



NOTE: Other income(expense) above primarily reflects an adjustment to
		the gain on sale of the Company's CP Industries division
		in April of 2008.









						- A-6 -






REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 3
COMPARITIVE BALANCE SHEET
AS OF THE PERIODS SHOWN
-----------------------
($ amounts in thousands)

					26-Nov-07		30-Jun-08	31-Jul-08
					---------  		---------	---------
ASSETS:
Cash and Equivalents		$     754		$  16,504	$  7,171
Net Receivables			    7,166		    2,870	   2,838
Net Inventory			   12,369		    2,302	   2,049
Other Current Assets		    3,029		    1,980	   2,026
					  -------     	  -------	 -------
		Current		   23,318		   23,656	  14,084

Net Property			    6,300		    3,220	   3,218
Goodwill				   10,994		    1,491	   1,491
CSV policies			    2,200		    2,195	   2,195
Interest in China JV		    3,009		    3,419	   3,594
					  -------		  -------	 -------
		Total			$  45,821		$  33,981	$ 24,582
					  =======		  =======	 =======
LIABILITIES & EQUITY:
Current Maturities of Debt	$       0		$       0	$      0
Trade Payables			    3,305		    2,962	   2,803
Accrued Income Taxes		        0		       11	      11
Accrued Interest			      544			635	     641
Customer Deposits			    4,424		        0	       0
Accrued Other			    4,272		    4,245	   4,307
					  -------		  -------	 -------
		Current		   12,545		    7,853	   7,762

Secured Debt and interest	   53,418		    9,728	     500
Other Liabilities			    3,101		    1,206	   1,206
					  -------		  -------	 -------
		Total Liabilities	   69,064		   18,787	   9,468

Total Equity			  (23,243)		   15,194	  15,114
					  -------		  -------	 -------

		Total			$  45,821		$  33,981	$ 24,582
					  =======		  =======	 =======


















						- A-7 -




REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 4				page 1/3
SUMMARY OF UNPAID POST PETITION TAXES AND DEBTS
AS OF JULY 31, 2008
-------------------
($ Amounts in 000's)



TAXES:
------
					 	  Beg					   End
						Liability	Accrued	Paid	 Liability
						---------	--------	-----	 ---------
	NON-PAYROLL TAXES:
	Sales					$   0					 $   0
	Excise				$   0					 $   0
	Real Property			$   0					 $   0
	Personal Property			$   0					 $   0



	PAYROLL TAXES - See attached pages 2 to 3
	-----------------------------------------
		Amount due for payrolls in the last half of
			July 2008 - paid in August.  				  $ 32




DEBTS:
------
					        Days Past Due
					  ---------------------------
				Current	   0-30    31-60    61-90    Over 91      Total
				------  ----   ----   ----   ------    ------
Accounts Payable		$  320    $ 136   $  21    $   0    $ 2,326     $ 2,803
Wages Payable			    90    					        90
Taxes Payable			     0						         0
Rent-Building			     0						         0
Adequate Protection Paymts	     0						         0
Professional Fees		     0       28      66  	67	  319	       480
Amounts due Insiders		     4        6      22	15	   63	       110
				  ----      ---     ---      ---      -----       -----
	Total			$  414    $ 170   $ 109    $  82    $ 2,708     $ 3,483
				 =====      ===     ===      ===      =====       =====



Explanations:
Wages represent hourly wages earned in the last half of July that were
	paid in August.
Professional fees are due Reid and Riege and are awaiting Bankruptcy Court
	approval.
Amounts due insiders represent post petition interest on note and guaranty fees.










						- A-8 -









REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 4	 			page 2/3
FIT/FICA TAX PAYMENTS and FUTA 940 TAX PAYMENTS
JULY 2008
---------

DATE
PAID	REF		HANNA		HQ		TOTAL
----	---		------	------	-------
JULY
01	941		 37,351.43	11,101.09	 48,452.52
02							      0.00
03							      0.00
07							      0.00
08	941		 17,538.68			 17,538.68
09							      0.00
10							      0.00
11							      0.00
14							      0.00
15	941		 17,161.09			 17,161.09
16							      0.00
17	941		 18,899.93	10,876.00	 29,775.93
18							      0.00
21							      0.00
22	941		 16,807.35			 16,807.35
23							      0.00
24							      0.00
25							      0.00
28							      0.00
29	941		 16,057.77			 16,057.77
30							      0.00
31	941				   642.51	    642.51

			---------	----------	 ---------
TOTAL			123,816.25	 22,619.60	146,435.85
			==========	==========	==========







































						- A-9 -








REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 4				page 3/3
PA., ILLINOIS, INDIANA AND WISCONSIN WITHHOLDING TAX PAYMENTS
JULY 2008
---------

DATE
PAID		STATE		HANNA		HQ		TOTAL
----		--------	--------	--------	----------
JULY
01								    0.00
02		PA & IL		3,555.77	1,167.82	4,723.59
03								    0.00
07								    0.00
08								    0.00
09		IL		1,768.65			1,768.65
10								    0.00
11								    0.00
14								    0.00
15		WI		1,813.22			1,813.22
16		IL		1,736.15			1,736.15
17								    0.00
18		IL,IN & PA	1,691.33	1,236.36	2,927.69
21		OH				  166.41	  166.41
22								    0.00
23		IL		1,674.98			1,674.98
24								    0.00
25								    0.00
28								    0.00
29								    0.00
30		IL		1,588.57			1,588.57
31
				--------	--------	--------

TOTAL				13,828.67	2,570.59      16,399.26
				=========	========      =========








































						- A-10 -






REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 5
ACCOUNTS RECEIVABLE AND TAXES AGING
AS OF JULY 30, 2008
------------------
($ Amounts in 000's)




TRADE ACCOUNTS RECEIVABLE RECONCILIATION:
----------------------------------------
		Trade Receivables - beg of month			$ 2,993
		Plus: Invoiced during the month			  1,540
		Less: Amounts collected					 (1,569)

										 ------
		Trade Receivables - end of month			$ 2,964
										 ======




ACCOUNTS RECEIVABLE AGINGS:
---------------------------
		0-30								$ 1,513
		31-60								  1,069
		61-90								    121
		91+								    261
										 ------
			Total	trade receivables				  2,964
		Non-trade receivables					     13
		Less: Reserve for bad debts				   (139)
										 ------
		Net Receivables - per balance sheet			$ 2,838
										 ======


TAXES PAYABLE
-------------
		Taxes from late July payrolls - paid in August     $ 32
										    ===




















						- A-11 -







REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 6
PAYMENTS TO INSIDERS and PROFESSIONALS and
STATUS OF SECURED NOTES, LEASES AND ADEQUATE PROTECTION PAYMENTS
JULY 2008
---------
	Of the total disbursements shown on MOR-1, list the amount paid to
	insiders and to professionals.  For payments to insiders, identify
	the type of compensation paid.
								PAID THIS		 TOTAL
					TYPE OF		  PERIOD		 POST
	NAME				PAYM'T		  AMOUNT		PETITION
------------------------	-----------		---------		--------
INSIDERS:
---------
Thomas N. Amonett			Director fees	  $ 1,500		$ 12,000
Charles E. Bradley		Director fees	  $ 9,833		$ 78,664
Thomas L. Cassidy			Director fees	  $ 1,500		$ 12,000
David E. Jackson			Director fees	  $ 1,500		$ 12,000
Joseph C. Lawyer			Director fees	  $ 4,625		$ 37,000
John G. Poole			Director fees	  $ 5,000		$ 40,000
Kimball J. Bradley, CEO		Salary		  $32,627		$261,016
John M. Froehlich, CFO		Salary		  $18,255		$146.040
Thomas J. Vogel, VP		Salary		  $ 9,350		$ 74,800

PROFESSIONALS:
--------------
											   TOTAL
				DATE OF		    PAID THIS	 TOTAL  INCURRED
				 COURT	 AMOUNT	PERIOD	PAID TO   AND
				 ORDER	APPROVED	AMOUNT	  DATE   UNPAID
				-------	--------  ---------	------- --------

Reid and Riege, PC     11/28/07   $ 421,771  $    0     $  237,396  $184,346



POST PETITION STATUS OF SECURED NOTES,LEASES AND ADEQUATE PROTECTION PAYMENTS:
------------------------------------------------------------------------------


						 MONTHLY	  PAID	  POST
						 PAYM'TS	 DURING	PETITION
	NAME OF CREDITOR			   DUE	  MONTH	 UNPAID
	-------------------------	---------   ---------   ---------
	SECURED NOTES:(Principal in default)
	ADEQUATE PROTECTION PAYMENTS:
	  U.S. Bank, as Trustee		 $      0	$9,439,642 	 $      0


	LEASES
	------
	KWA Properties				 $ 70,198	 $ 70,198	 $      0
	IPC REIT - Stanwix Street Assoc	 $  9,362	 $  9,362	 $      0
	US Bancorp				 $  2,890	 $  2,890	 $      0
	Total Equipment Co			 $  3,197	 $  3,197	 $      0
	Hyster Capital				 $  2,043	 $  2,043	 $      0
	Equipco					 $  1,494	 $  1,494	 $      0





						- A-12 -







REUNION INDUSTRIES, INC.				CASE NO. 07-50727(AHWS)
MONTHLY OPERATING REPORT - 7
DEBTOR QUESTIONNAIRE
JULY 2008
---------

Must be completed each month.  If the answer to any of the questions
is "Yes", provide a detailed explanation of each item.
Attach additional sheets if necessary.

											YES	NO
											---	---
1. HAVE ANY ASSETS BEEN SOLD OR TRANSFERRED OUTSIDE THE NORMAL COURSE
	OF BUSINESS THIS REPORTING PERIOD?						 	 X
2. HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNT OTHER THAN A DEBTOR
	IN POSSESSION ACCOUNT THIS REPORTING PERIOD? 					 X
3. IS THE DEBTOR DELINQUENT IN THE TIMELY FILING OF ANY POST-PETITION
	TAX RETURNS?										 X
4. ARE WORKERS' COMPENSATION, GENERAL LIABLIITY OR OTHER NECESSARY
	INSURANCE COVERAGES EXPIRED OR CANCELLED, OR HAS THE DEBOR
	RECEIVED NOTICE OF EXPIRATION OR CANCELLATION OF SUCH POLICIES?			 X
5. IS THE DEBTOR DELINQUENT IN PAYING ANY INSURANCE PREMIUM PAYMENT?			 X
6. HAVE ANY PAYMENTS BEEN MADE ON PREPETITION LIABILITIES THIS
	REPORTING PERIOD?									 X
7. ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES, OR LOANS) DUE FROM
	RELATED PARTIES?									 X
8. ARE ANY POSTPETITION PAYROLL TAXES PAST DUE?						 X
9. ARE ANY POSTPETITION STATE OR FEDERAL INCOME TAXES PAST DUE?				 X
10.ARE ANY POSTPETITION REAL ESTATE TAXES PAST DUE?						 X
11.ARE ANY OTHER POSTPETITION TAXES PAST DUE?						 X
12.HAVE ANY PREPETITION TAXES BEEN PAID DURING THE REPORTING PERIOD?			 X
13.ARE ANY AMOUNTS OWED TO POSTPETITION CREDITORS DELINQUENT?				 X
14.ARE ANY WAGE PAYMENTS PAST DUE?								 X
15.HAVE ANY POSTPETITION LOANS BEEN RECEIVED BY THE DEBTOR FROM ANY PARTY?		 	 X
16.IS THE DEBTOR DELINQUENT IN PAYING ANY U.S. TRUSTEE FEES?				 X
17.IS THE DEBTOR DELINQUENT WITH ANY COURT ORDERED PAYMENTS TO ATTORNEYS
	OR OTHER PROFESSIONALS?								 X
18.HAVE THE OWNERS OF SHAREHOLDERS RECEIVED ANY COMPENSATION OUTSTIDE OF
	THE NORMAL COURSE OF BUSINESS?							 X
































						- A-13 -