March 01, 2000

Quanex Enhances Corporate Web Site for Investors

HOUSTON, March 1 /PRNewswire/ -- Quanex Corporation (NYSE: NX) today announced that it has completed several significant additions to its corporate home page on the worldwide web at WWW.QUANEX.COM. Visitors to the site can obtain more in-depth information about Quanex, its operating divisions, and various company-related activities in a more user-friendly format.

"Quanex has taken a leadership position among public companies in the steel and aluminum industry to communicate with its shareholders," explained Vernon E. Oechsle, chairman and chief executive officer of Quanex. "Our updated home page on the Internet provides visitors with easier access to the information they seek and digital copies of vital documents such as the annual report, dividend records, and historical stock price data."

    The newest additions to include:
    --  A complete digital copy of Quanex's 1999 annual report and form 10-K
        in HTML format.  HTML provides quick referencing, navigation bars, and
        instant display without having to download files.
    --  Historical daily stock prices organized by month, which assists
        investors who want to determine the cost basis of shares,
    --  Live webcast and playback capability of the CEO's presentation for the
        quarterly investor conference call,
    --  Complete listings of Quanex's plants and division general offices, and
    --  Improved navigation throughout the site.

Other content includes a comprehensive overview of the company, the latest quarterly results, press releases, and transfer agent contact numbers. Visitors to Quanex's web site also can print forms to enroll in the company's direct stock purchase plan, get a recent quote on the company's stock price, or solicit more information by contacting the company through an e-mail link to its investor relations department.

Quanex is a technological leader in the production of value-added engineered steel bars, aluminum flat-rolled products, and engineered, formed- metal products for transportation, capital equipment, homebuilding and remodeling, food packaging, defense and other industries.

Media contact: Patrick Cassidy, 713-877-5389.
SOURCE Quanex Corporation
Web site: http: //
Photo: NewsCom: http: // PRN Photo Desk, 888-776-6555 or 201-369-3467
CONTACT: media, Patrick Cassidy, 713-877-5389, or investors, Valerie Coin, 713-877-5305, both of Quanex Corporation
CAPTION: NXLOGO QUANEX CORPORATION LOGO Quanex Corporation logo. (PRNewsFoto)[HD] HOUSTON, TX USA 05/17/1999