EXHIBIT 99.1 Worthington Steel Reports Third Quarter Fiscal 2024 Results COLUMBUS, Ohio, March 21, 2024 – Worthington Steel, Inc. (NYSE: WS) today reported financial results for the fiscal 2024 third quarter ended February 29, 2024. Gross margin increased by $56.9 million over the prior year quarter to $120.1 million. The increase was driven primarily by improved direct spreads and higher volume. Direct spreads, up $52.9 million, benefited from a $45.9 million favorable change from an estimated $26.6 millio ...

Worthington Steel, Inc. (NYSE:WS) Q3 2024 Earnings Conference Call March 22, 2024 8:30 AM ET Company Participants Melissa Dykstra - VP of Corporate Communications and IR Geoff Gilmore - President and CEO Jeff Klingler - EVP and COO Tim Adams - VP and CFO Conference Call Participants Phil Gibbs - KeyBanc Capital Markets John Tumazos - John Tumazos Very Independent Research Martin Englert - Seaport Research Partners Operator Good morning, ladies and gentlemen. My name is Abby, and I will be your conference op ...