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IMCO RECYCLING FILES OFFERING OF SHARES OF COMMON STOCK

 IMCO RECYCLING FILES OFFERING OF SHARES OF COMMON STOCK
 IRVING, Texas, June 11 /PRNewswire/ -- IMCO Recycling Inc. (NYSE: IMR) today announced the filing of a registration statement with the Securities and Exchange Commission for a public offering of 2,150,000 shares of common stock. Of the total, 500,000 are being sold by the company and the remainder by Merrill Lynch Interfunding Inc. and Don V. Ingram and certain members of his family. The offering will be managed by Smith Barney, Harris Upham & Co., Incorporated and Raymond James & Associates, Inc.
 Ralph L. Cheek, IMCO Recycling's chairman and chief executive officer, said proceeds from the shares to be sold by the company would be used to pay a portion of the construction costs for a new aluminum recycling plant that IMCO is building in Uhrichsville, Ohio.
 IMCO Recycling is the largest independent recycler of aluminum beverage cans, scrap and dross in the United States. The company also recycles magnesium and zinc dross.
 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 press 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 any such state.
 -0- 6/11/92
 /CONTACT: Paul V. Dufour of IMCO Recycling Inc., 214-869-6575/
 (IMR) CO: IMCO Recycling Inc. ST: Texas IN: SU: OFR


PS -- NY084 -- 9449 06/11/92 17:22 EDT
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Publication:PR Newswire
Date:Jun 11, 1992
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