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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

COOPERMAN LEON G
2. Issuer Name and Ticker or Trading Symbol

EMPIRE RESOURCES INC /NEW/ [ ERS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

11431 W. PALMETTO PARK ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

11/14/2014
(Street)

BOCA RATON, FL 33428
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Common Stock   11/14/2014     D    12480   D $5.38   (1) 94325   I   By Foundation  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
The 10% Convertible Senior Subordinated Note due June 1,2016   (3)   (4)                    (5) 6/1/2016   Common Stock   764721     764721   I   By Foundation   (2)
The 10% Convertible Senior Subordinated Note due June 1,2016   (6)   (4)                    (5) 6/1/2016   Common Stock   1019628     1019628   D    

Explanation of Responses:
( 1)  Represents weighted average sale price. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the SEC, the Issuer, or a security holder of the Issuer.
( 2)  The securities are held in the account of the Leon & Toby Cooperman Family Foundation over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
( 3)  $3,000,000 Principal
( 4)  The 10% Convertible Senior Subordinated Note Due June 1, 2016 is currently convertible at a conversion price of 254.907 shares of common stock per $1,000 principal amount of Notes. The conversion price is subject to adjustment for cash and stock dividends, stock splits and similar transactions.
( 5)  At any time through 6/1/2016.
( 6)  $4,000,000 Principal

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
COOPERMAN LEON G
11431 W. PALMETTO PARK ROAD
BOCA RATON, FL 33428

X


Signatures
Alan M. Stark, Atty In Fact, POA on File 11/17/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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