Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, without par value ZEUS The NASDAQ Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ ...

Financial Performance - Net sales for Q2 2024 decreased to $526.25 million, down 7.6% from $569.27 million in Q2 2023[9] - Net income for Q2 2024 dropped to $7.66 million, a 49% decline from $15.02 million in Q2 2023[9] - Carbon Flat Products segment saw a 5.8% decrease in net sales to $307.76 million in Q2 2024 compared to $326.63 million in Q2 2023[11] - Specialty Metals Flat Products segment's gross profit increased by 6.3% to $25.93 million in Q2 2024 from $24.40 million in Q2 2023[11] - Tubular and Pipe Products segment's operating income fell to $6.50 million in Q2 2024, down 30.7% from $9.37 million in Q2 2023[11] Assets and Liabilities - Total assets increased to $1.006 billion as of June 30, 2024, up from $984.84 million at the end of 2023[10] - Total current liabilities decreased to $165.32 million as of June 30, 2024, from $180.24 million at the end of 2023[10] - Flat-products assets grew to $665.84 million as of June 30, 2024, up from $649.74 million at the end of 2023[13] - Tubular and pipe products assets increased to $339.18 million as of June 30, 2024, from $333.68 million at the end of 2023[13] - Corporate assets decreased to $1.28 million as of June 30, 2024, down from $1.41 million at the end of 2023[13] Shareholders' Equity and Debt - Shareholders' equity per share increased to $51.15 as of June 30, 2024, compared to $49.90 as of December 31, 2023[14] - Debt to equity ratio rose to 0.37 to 1 as of June 30, 2024, from 0.34 to 1 as of December 31, 2023[14] Cash Flow and Dividends - Net cash used for operating activities was $5,512 million for the six months ended June 30, 2024, compared to net cash from operating activities of $79,196 million for the same period in 2023[14] - Cash dividends per share increased to $0.30 for the six months ended June 30, 2024, from $0.25 for the same period in 2023[14]

Las Vegas, NV, July 25, 2024, BLAQclouds, Inc. (OTC: BCDS) is pleased to announce its engagement with ZEUS Blockchain Partners to develop and manage the "BLAQ" token, which will operate on both the Ethereum and ZEUS blockchains. Name: The BLAQclouds Token Symbol: BLAQ Contract Address: 0x81324d217089CEe039e3b660d9265FfeBBF534cD Networks: ERC20 and ZRC20 Total Supply: 500,000,000 Decimals: 9 Reflections: None Tax: None Uniswap Pool Fee: 0.03% Utility Website: www.BLAQlp.io Token Website: www.BLAQtoken.io Add ...

Olympic Steel, Inc. (NASDAQ:ZEUS) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Richard A. Manson - CFO Richard T. Marabito - CEO Andrew Greiff - President & COO Conference Call Participants Dave Storms - Stonegate Alan Weber - Robotti Advisors Chris Sakai - Singular Research Operator Good morning, and welcome to the Olympic Steel 2024 First Quarter Financial Results Conference Call. All this time all participants are in a listen-only, a brief question-and-answer session will ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 0-23320 OLYMPIC STEEL, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 22901 Millcreek Boulevard, Suite 650, Highland Hills, OH For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d ...

Exhibit 99.1 Olympic Steel Reports First-Quarter 2024 Results Strategy to diversify and expand into higher-value processing and manufactured products contributes to financial performance in the face of pricing headwinds Company remains in a strong operational and financial position to invest in additional higher-value growth opportunities to drive profitability and advance its strategy The Board of Directors approved a regular quarterly cash dividend of $0.15 per share, which is payable on June 17, 2024, to ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Transition Period From _______________ To _______________ Commission File Number 0-23320 OLYMPIC STEEL, INC. (Exact name of registrant as specified in its charter) (State or other jurisdict ...

Financial Data and Key Metrics Changes - Olympic Steel reported fourth quarter sales of $489 million, net income of $7.4 million, and EBITDA of $20.9 million, showing a significant performance despite market challenges [9][24] - Adjusted EBITDA for the fourth quarter was $16.7 million compared to $11.9 million in the prior year period, indicating a strong year-over-year improvement [24] - The company’s total debt increased by only $25 million to $190 million at year-end, with availability of approximately $339 million, maintaining a solid financial position [12][28] Business Segment Performance Changes - The pipe and tube segment achieved its second most profitable year ever, with adjusted EBITDA of $40.3 million, reflecting a focus on value-added products [17][10] - The carbon segment earned adjusted EBITDA of $7.9 million in the fourth quarter, with shipments up 8% year-over-year, demonstrating resilience amid pricing pressures [20][19] - Specialty metals recorded its third most profitable full year despite facing industry-wide stainless steel headwinds, contributing consistent positive EBITDA [20][10] Market Data and Key Metrics Changes - In early 2024, strong demand is observed from industrial OEMs, food equipment, truck trailer, storage tank, HVAC, and appliance customers, particularly in industrial fabrication for data centers [21] - The carbon pricing index saw a 65% increase in the fourth quarter, leading to advanced purchases by customers in anticipation of further price increases [19] - The company expects first quarter growth in tonnage to be in the 10% to 12% range compared to the fourth quarter, indicating a positive outlook for demand [42][43] Company Strategy and Industry Competition - Olympic Steel is committed to managing working capital, operating expenses, cash flow, and debt while seeking opportunities for higher-return, higher-value-add products through organic growth and acquisitions [15][10] - The company has successfully integrated six acquisitions over the past five years, enhancing its portfolio and diversifying its offerings [10][11] - The recent acquisition of Central Tube & Bar is expected to strengthen the pipe and tube segment and expand value-added processing capabilities [34][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to build on its success in 2024, driving profitable growth and creating shareholder value [15][13] - The company noted that inflationary pressures were negligible during the fourth quarter and the second half of 2023, which may positively impact margins going forward [27][30] - Management anticipates a tax rate of approximately 27.5% to 28.5% for 2024, reflecting changes in the operating environment [30] Other Important Information - The Board of Directors approved a 20% increase in the quarterly dividend, reflecting the company's strong financial position and commitment to shareholder value [13][30] - Capital expenditures for 2023 totaled $21.3 million, with an estimated $35 million planned for 2024 to support investments in automation and fabrication [29][30] Q&A Session Summary Question: How does the Central Tube acquisition fit within the existing pipe and tube franchise? - Management indicated that Central Tube fits well under the Chicago Tube and Iron segment, enhancing growth in fabricated tubes and expanding geographic reach [34] Question: What is the focus on value-added components in the business? - The focus is on gross margin rather than revenue, with a target of 50% of gross margin generated from value-added work in the pipe and tube segment [36] Question: What are the expectations for demand in 2024? - Management noted that while some sectors may see softer volumes, new business and fabrication growth are expected to offset these declines, leading to a positive outlook for the first quarter [41][43] Question: What is the company's M&A outlook? - Management confirmed a balanced approach to growth through acquisitions across all three business segments, with a focus on high-return companies [48][49] Question: What are the inventory levels at the mills and their impact on demand? - Lead times from carbon mills have shortened, indicating a stable supply environment, which is factored into demand considerations for 2024 [50]

Exhibit 99.1 NEWS RELEASE CLEVELAND — February 22, 2024 — Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023. Fourth-Quarter Results Net income for the fourth quarter totaled $7.4 million, or $0.64 per diluted share, compared with net income of $4.0 million, or $0.34 per diluted share, in the fourth quarter of 2022. The results include $5.3 million of LIFO pre-tax income in the fourth quarter of 2023, comp ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ____________ Commission File Number 0-23320 22901 Millcreek Boulevard, Suite 650, Highland Hills, OH (Address of principal executive off ...