UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

(Check One) [   ] Form 10-K   [  ] Form 20-F   [  ] Form 11-K   [ X ] Form 10-Q
            [  ]Form N-SAR

                  For Period Ended: September 30, 2006
                  [ ] Transition Report on Form 10-K
                  [ ] Transition Report on Form 20-F
                  [ ] Transition Report on Form 11-K
                  [ ] Transition Report on Form 10-Q
                  [ ] Transition Report on Form N-SAR
                  For the Transition Period Ended:___________________________


If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:



PART I - REGISTRANT INFORMATION

Stelax Industries, Ltd.
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Full Name of Registrant


Former Name if Applicable

5515 Meadow Crest Drive,
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Address of Principal Executive Office (Street and Number)

Dallas, Texas,  75229
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City, State and Zip Code

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

         (a)      The reasons described in reasonable detail in Part III of this
                  form could not be eliminated without unreasonable effort or
                  expense;
[a]      (b)      The subject annual report, semi-annual report, transition
                  report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR, or
                  portions thereof, will be filed on or before the fifteenth
                  calendar day following the prescribed due date; or the subject
                  quarterly report of transition report on Form 10-Q, or portion
                  thereof will be filed on or before the fifth calendar day
                  following the prescribed due date; and
         (c)      The accountant's statements or other exhibit required by Rule
                  12b-25(c) has been attached if applicable.






PART II - NARRATIVE

State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)

Various statements have not been completed.


PART IV- OTHER INFORMATION

(1)      Name and telephone number of person to contact in regard to this
         notification

    Harmon Hardy                     (972)             233-6041
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    (Name)                           Area Code)       (Telephone Number)

(2)       Have all other periodic reports required under Section 13 or 15(d) of
          the Securities Exchange Act of 1934 or Section 30 of the Investment
          Company Act of 1940 during the preceding 12 months (or for such
          shorter period that the registrant was required to file such reports)
          been filed? If answer is no. identify report(s)
          [X ] Yes [ ] No


(3)       Is it anticipated that any significant change in results of operations
          from the corresponding period for the last fiscal year will be
          reflected by the earnings statements to be included in the subject
          report or portion thereof:
          [ ] Yes [ X ] No


          If so, attach an explanation of the anticipated change, both
          narratively and quantitatively, and, if appropriate, state the reasons
          why a reasonable of the results cannot be made.


          Stelax Industries, Ltd. has caused this notification to be signed on
its behalf by the undersigned hereunto duly authorized.

Date: November 14, 2006               By:     /s/ Harmon S. Hardy
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                                            Harmon  S. Hardy, President