IMCO RECYCLING INC
10-K/A, 1996-07-03
SECONDARY SMELTING & REFINING OF NONFERROUS METALS
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                     UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                                      Washington, D.C. 20549         
  
                                          FORM 10-K/A-1         

[X]              ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE 
                 SECURITIES EXCHANGE ACT OF 1934
                 For the fiscal year ended December 31, 1995

[ ]              TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE 
                 SECURITIES EXCHANGE ACT OF 1934

                                    Commission File Number 1-7170

                                       IMCO RECYCLING INC.
                     (Exact name of registrant as specified in its charter)

Delaware                                                              75-2008280
(State or other jurisdiction of                                 (I.R.S. Employer
incorporation or organization)                            Identification Number)

            5215 North O'Connor Blvd., Suite 940, Irving, Texas 75039           
                    (Address of principal executive offices)                  

Registrant's telephone number, including area code: (214) 869-6575

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

    TITLE OF EACH CLASS              EXCHANGE ON WHICH REGISTERED
- -----------------------------        ----------------------------    
Common Stock, $0.10 Par Value        New York Stock Exchange 

SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
Registrant was required to file such reports), and (2) has been subject to 
such filing requirements for the past 90 days.  Yes   X    No     
                                                    -----     ----

Indicate by check mark if disclosure of delinquent filers pursuant to Item 
405 of Regulation S-K is not contained herein, and will not be contained, to 
the best of Registrant's knowledge, in definitive proxy or information 
statements incorporated by reference in Part III of this Form 10-K or any 
amendment to this Form 10-K.         [  ]
 
As of June 25, 1996, the aggregate market value of voting stock held by 
nonaffiliates of the Registrant was $190,398,993.

Shares of Common Stock outstanding at June 25, 1996:     12,014,911

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the registrant's definitive proxy statement relating to its 1996 
Annual Meeting of Stockholders are incorporated by reference into Part III 
hereof.

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ITEM 10.     DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

     The information required by this item with respect to directors of the 
Company appears under the captions "Election of Directors" and "Remuneration 
of Directors and Officers - Compliance with Section 16(a)" in the definitive 
Proxy Statement (herein so called) of the Company relating to the Company's 
1996 Annual Meeting of Stockholders, to be filed with the Securities Exchange 
Act of 1934, which information is incorporated herein by reference.  The 
Proxy Statement is publicly available and was mailed to stockholders on or 
about April 12, 1996.  Certain information as to executive officers is 
included herein under Part I, ITEM 1.  "BUSINESS - EXECUTIVE OFFICERS."


<PAGE>

                                  SIGNATURES

Pursuant to the requirements of Section 13 or 15 (d) of the Securities 
Exchange Act of 1934, the registrant has caused this report to be signed on 
its behalf by the undersigned, thereunto duly authorized.

Dated:      July 3, 1996               IMCO Recycling Inc.
                                       By: /s/ Paul V. Dufour
                                           ------------------------------------
                                           Paul V. Dufour
                                           Executive Vice President - Finance
                                           and Administration and Chief
                                           Financial Officer



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