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BENNETT ELECTED PRESIDENT AND CHIEF OPERATING OFFICER OF ACME METALS INCORPORATED; DYKE NAMED PRESIDENT OF ACME PACKAGING CORP. SUBSIDIARY

 RIVERDALE, Ill., Dec. 29 /PRNewswire/ -- Acme Metals Incorporated (NASDAQ-NMS: ACME) today announced two executive promotions that will "strengthen the company's organization as we continue with our long range growth plans," explained Brian W.H. Marsden, Acme Metals chairman, president and chief executive officer.
 Effective Jan. 1, 1993, Stephen D. Bennett has been elected president and chief operating officer of Acme Metals Incorporated and a director of the company. He will report to Marsden, who will remain chairman and chief executive officer.
 Bennett, 43, was previously group vice president.
 Also effective Jan. 1, 1993, Robert W. Dyke will become president of Acme Metals' steel strapping subsidiary, Acme Packaging Corp. Acme Packaging is the nation's largest supplier of steel strapping and strapping tools.
 Dyke, 45, will report to Bennett. He was previously controller of Acme Metals.
 Bennett joined the Acme organization in 1990 as vice president, operations, responsible for the company's integrated steel and steel strapping operations. He had previously spent nearly 15 years with the USS division of USX Corp. and its predecessor, United States Steel Corp. From 1987 to 1990, he served as general manager of the division's Fairfield Works in Alabama.
 In 1992, Bennett was promoted to group vice president at Acme Metals.
 A native of Peoria, Ill., he earned his B.S. in mechanical engineering from the U.S. Military Academy (West Point). He later earned an M.S. in business administration from Boston University and an M.S. in mechanical engineering from Purdue University. From 1971 through 1976, he served in the U.S. Army, achieving the rank of captain.
 Bennett is a member of the Association of Iron and Steel Engineers and the American Iron and Steel Institute and its Manufacturing Committee.
 Dyke joined the Acme organization in 1988 as controller. Prior to that, he spent 15 years with the Interlake Corp., first in various financial and marketing positions and then, in 1985, as manager of strategic planning and, in 1986, as assistant to the chairman and chief executive officer.
 A native of Harvey, Ill., Dyke earned his B.S. in accounting from the University of Notre Dame.
 "With the promotion of these two proven executives, I'm confident that Acme will develop further opportunities to grow in its core steel business and its downstream steel-using businesses. Both Steve Bennett and Bob Dyke have earned the increased responsibilities they'll have and will make major contributions to the future growth of the company," Acme's Marsden added.
 Acme Metals Incorporated, through its operating subsidiaries, is a fully integrated producer of steel, steel strapping and strapping tools, welded steel pipe and tube, and auto and light truck jacks. Its common stock is traded on NASDAQ's National Market System with the symbol ACME.
 -0- 12/29/92
 /CONTACT: Charles Nekvasil, director of public and investor relations of Acme Metals Incorporated, 708-849-2500/
 (ACME)


CO: Acme Metal Incorporated ST: Illinois IN: MNG SU:

PS -- NY015 -- 0332 12/29/92 12:30 EST
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Date:Dec 29, 1992
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