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HUNTCO FILES REGISTRATION STATEMENT ON FORM S-1

 CHESTERFIELD, Mo., Nov. 9 /PRNewswire/ -- Huntco Inc. (NASDAQ: HUNT), a Chesterfield-based intermediate steel processor, today announced that it intends to offer for sale to the public 1,000,000 newly issued shares of its Class A common stock. In addition, 350,000 and 50,000 shares of Huntco Inc. Class A common stock will be offered for sale by Huntco Farms Inc. and Huntco Acquisitions Holding Inc., respectively. The issuance of the 1,000,000 shares of Huntco Inc. Class A common stock by Huntco Inc. represents new financing.
 Huntco Acquisitions Holding Inc. has also granted the underwriters an over-allotment option to purchase up to an additional 210,000 shares of Huntco Inc. Class A common stock. Huntco Farms Inc. and Huntco Acquisitions Holding Inc. are corporations controlled by B.D. Hunter, the chairman of the board of directors and chief executive officer of Huntco Inc.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.
 Donaldson, Lufkin & Jenrette Securities Corp. and C.J. Lawrence/Deutsche Bank Securities Corp. will serve as the managing underwriters for the sale of the shares. Any offer to sell these securities will be made only by means of a prospectus. Copies of the prospectus may be obtained by contacting:
 Donaldson, Lufkin & Jenrette Securities Corp.
 140 Broadway,
 New York, N.Y., 10005
 212-504-3000
 C.J. Lawrence/Deutsche Bank Securities Corp.
 1290 Avenue of the Americas
 New York, N.Y., 10104
 212-468-5000
 -0- 11/9/93
 /CONTACT: Robert J. Marischen, vice chairman, Huntco, 314-878-0155/
 (HUNT)


CO: Huntco Inc. ST: Missouri IN: MNG SU: OFR

NY-EH -- LA031 -- 2461 11/09/93 17:17 EST
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Publication:PR Newswire
Date:Nov 9, 1993
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