UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. )*
Metal Management, Inc.
---------------------------------------------------
(Name of Issuer)
Common Stock, $0.01 par value per share
---------------------------------------------------------------
(Title of Class of Securities)
591097209
-----------------------
(CUSIP Number)
May 15, 2003
--------------------------------------------------
Date of Event Which Requires Filing of the Statement
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP NO. 591097209 Page 2 of 12
----------- ------------
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons
RAM Trading, Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Cayman Islands corporation
Cayman Islands
--------------------------------------------------------------------------------
5. Sole Voting Power
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. Shared Voting Power
OWNED BY 690,000 shares of Common Stock
EACH -------------------------------------------------------------
REPORTING 7. Sole Dispositive Power
PERSON 0
WITH -------------------------------------------------------------
8. Shared Dispositive Power
See Row 6 above.
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
See Row 6 above.
--------------------------------------------------------------------------------
10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
Approximately 6.8% as of the date of this filing (based on 10,152,626
shares of Common Stock issued and outstanding as of March 10, 2003).
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
CO
--------------------------------------------------------------------------------
CUSIP NO. 591097209 Page 3 of 12
----------- ------------
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons
Ritchie Capital Management, L.L.C.
--------------------------------------------------------------------------------
2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware limited liability company
U.S.A.
--------------------------------------------------------------------------------
5. Sole Voting Power
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. Shared Voting Power
OWNED BY 690,000 shares of Common Stock
EACH -------------------------------------------------------------
REPORTING 7. Sole Dispositive Power
PERSON 0
WITH -------------------------------------------------------------
8. Shared Dispositive Power
See Row 6 above.
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
See Row 6 above.
--------------------------------------------------------------------------------
10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
Approximately 6.8% as of the date of this filing (based on 10,152,626
shares of Common Stock issued and outstanding as of March 10, 2003).
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
OO; HC
--------------------------------------------------------------------------------
CUSIP NO. 591097209 Page 4 of 12
----------- ------------
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons
RAM Capital, L.L.C.
--------------------------------------------------------------------------------
2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Illinois limited liability company
U.S.A
--------------------------------------------------------------------------------
5. Sole Voting Power
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. Shared Voting Power
OWNED BY 690,000 shares of Common Stock
EACH -------------------------------------------------------------
REPORTING 7. Sole Dispositive Power
PERSON 0
WITH -------------------------------------------------------------
8. Shared Dispositive Power
See Row 6 above.
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
See Row 6 above.
--------------------------------------------------------------------------------
10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
Approximately 6.8% as of the date of this filing (based on 10,152,626
shares of Common Stock issued and outstanding as of March 10, 2003).
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
OO; HC
--------------------------------------------------------------------------------
CUSIP NO. 591097209 Page 5 of 12
----------- ------------
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons
RAM Capital Investments, Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Cayman Islands corporation
Cayman Islands
--------------------------------------------------------------------------------
5. Sole Voting Power
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. Shared Voting Power
OWNED BY 690,000 shares of Common Stock
EACH -------------------------------------------------------------
REPORTING 7. Sole Dispositive Power
PERSON 0
WITH -------------------------------------------------------------
8. Shared Dispositive Power
See Row 6 above.
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
See Row 6 above.
--------------------------------------------------------------------------------
10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
Approximately 6.8% as of the date of this filing (based on 10,152,626
shares of Common Stock issued and outstanding as of March 10, 2003).
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
CO; HC
--------------------------------------------------------------------------------
CUSIP NO. 591097209 Page 6 of 12
----------- ------------
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons
THR, Inc.
--------------------------------------------------------------------------------
2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Illinois corporation
U.S.A.
--------------------------------------------------------------------------------
5. Sole Voting Power
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. Shared Voting Power
OWNED BY 690,000 shares of Common Stock
EACH -------------------------------------------------------------
REPORTING 7. Sole Dispositive Power
PERSON 0
WITH -------------------------------------------------------------
8. Shared Dispositive Power
See Row 6 above.
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
See Row 6 above.
--------------------------------------------------------------------------------
10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
Approximately 6.8% as of the date of this filing (based on 10,152,626
shares of Common Stock issued and outstanding as of March 10, 2003).
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
CO; HC
--------------------------------------------------------------------------------
CUSIP NO. 591097209 Page 7 of 12
----------- ------------
--------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons
A.R. Thane Ritchie
--------------------------------------------------------------------------------
2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use Only
--------------------------------------------------------------------------------
4. Citizenship or Place of Organization
U.S. Citizen
--------------------------------------------------------------------------------
5. Sole Voting Power
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6. Shared Voting Power
OWNED BY 690,000 shares of Common Stock
EACH -------------------------------------------------------------
REPORTING 7. Sole Dispositive Power
PERSON 0
WITH -------------------------------------------------------------
8. Shared Dispositive Power
See Row 6 above.
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
See Row 6 above.
--------------------------------------------------------------------------------
10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
Approximately 6.8% as of the date of this filing (based on 10,152,626
shares of Common Stock issued and outstanding as of March 10, 2003).
--------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN; HC
--------------------------------------------------------------------------------
Cusip No. 591097209 Page 8 of 12
SCHEDULE 13G
------------
Item 1(a) Name of Issuer: METAL MANAGEMENT, INC.
1(b) Address of Issuer's Principal Executive Offices:
500 N. Dearborn St., Suite 405
Chicago, IL 60610
Item 2(a) Name of Person Filing
Item 2(b) Address of Principal Business Office
Item 2(c) Citizenship
RAM Trading, Ltd.
c/o Caledonian Bank & Trust Limited
Caledonian House
P.O. Box 1043
George Town, Grand Cayman
Cayman Islands corporation
Ritchie Capital Management, L.L.C.
210 East State Street
Batavia, Illinois 60510
Delaware limited liability company
RAM Capital, L.L.C.
210 East State Street
Batavia, Illinois 60510
Illinois limited liability company
RAM Capital Investments, Ltd.
c/o Caledonian Bank & Trust Limited
Caledonian House
P.O. Box 1043
George Town, Grand Cayman
Cayman Islands corporation
THR, Inc.
210 East State Street
Batavia, Illinois 60510
Illinois corporation
Cusip No. 591097209 Page 9 of 12
A.R. Thane Ritchie
210 East State Street
Batavia, Illinois 60510
U.S. Citizen
2(d) Title of Class of Securities:
Common Stock, $0.01 par value per share
2(e) CUSIP Number: 591097209
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or
(c), check whether the person filing is a:
(a) [__] Broker or dealer registered under Section 15 of the
Exchange Act;
(b) [__] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [__] Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
(d) [__] Investment company registered under Section 8 of the
Investment Company Act;
(e) [__] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [__] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [__] A parent holding company or control person in accordance
with Rule 13d-1(b)(ii)(G);
(h) [__] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [__] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [__] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this
box. [X]
Page 9 of 12
Cusip No. 591097209 Page 10 of 12
Item 4 Ownership:
RAM TRADING, LTD.
RITCHIE CAPITAL MANAGEMENT, L.L.C.
RAM CAPITAL, L.L.C.
RAM CAPITAL INVESTMENTS, LTD.
THR, INC.
A.R. THANE RITCHIE
(a) Amount beneficially owned:
SHARED VOTING POWER
690,000 shares of Common Stock
(b) Percent of Class:
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ITEM (a) ABOVE
Approximately 6.8% as of the date of this filing (based on 10,152,626
shares of Common Stock issued and outstanding as of March 10, 2003.)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
0
(ii) shared power to vote or to direct the vote:
See item (a) above.
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
See item (a) above.
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
Cusip No. 591097209 Page 11 of 12
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable.
Item 7 Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company:
Not Applicable.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
Cusip No. 591097209 Page 12 of 12
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated this 22nd day of May, 2003
RAM TRADING, LTD. RAM CAPITAL, L.L.C.
By: Ritchie Capital Management, L.L.C., By: Ritchie Capital Management, L.L.C.,
its Investment Manager its Investment Manager
By: THR, Inc. By: THR, Inc.
By: /s/ A.R. Thane Ritchie By: /s/ A.R. Thane Ritchie
------------------------- -------------------------
A.R. Thane Ritchie, President A.R. Thane Ritchie, President
RITCHIE CAPITAL MANAGEMENT, L.L.C. RAM CAPITAL INVESTMENTS, LTD.
By: Ritchie Capital Management, L.L.C.,
By: THR, Inc. its Investment Manager
By: /s/ A.R. Thane Ritchie By: THR, Inc.
------------------------------
A.R. Thane Ritchie, President By: /s/ A.R. Thane Ritchie
-------------------------
A.R. Thane Ritchie, President
/s/ A.R. Thane Ritchie THR, INC.
---------------------------------------
A.R. Thane Ritchie
By: /s/ A.R. Thane Ritchie
-------------------------------
A.R. Thane Ritchie, President