Financial Data and Key Metrics Changes - The company reported a fourth quarter 2019 loss of $890,000 or $0.08 per share, an improvement from a loss of $1.3 million or $0.11 per share in the fourth quarter of 2018 [8] - For the full year 2019, net income was $3.9 million or $0.34 per share, down from $33.8 million or $2.95 per share in 2018 [8][34] - Consolidated net sales for Q4 2019 totaled $320 million, down from $430 million in the same quarter last year [30] - Full year net sales were $1.6 billion, down from $1.7 billion in 2018 [31] Business Line Data and Key Metrics Changes - The Specialty Metals and Pipe and Tube segments now comprise 41% of net sales, up from 37% a year ago [10] - Specialty Metals recorded its second most profitable year ever, with EBITDA levels just shy of last year's record [11] - The Pipe and Tube segment delivered its third most profitable year since joining the company in 2011 [11] Market Data and Key Metrics Changes - The price of carbon hot-rolled steel fell to less than half of the tariff-induced high pricing seen in 2018 [19] - The overall stainless flat-rolled market was down 4.5%, while the company’s performance was up 7.2% [21] Company Strategy and Development Direction - The company is focused on diversification and has made acquisitions to enhance profitability and reduce volatility [12] - Plans to continue seeking additional acquisition opportunities to further diversify the portfolio [12] - The company aims to improve inventory turnover and reduce operating expenses [32][36] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism, noting that new carbon steel production capacity will likely pressure pricing [25] - The company is addressing volatility by reducing inventory levels and increasing transactional business [25] - Management has not yet seen negative impacts from the coronavirus but is monitoring the situation closely [67] Other Important Information - The company reduced debt by over $110 million, entering 2020 with a strong balance sheet [13][37] - A regular cash dividend of $0.02 per share was declared, marking the 59th consecutive quarter of dividend payments [38] Q&A Session Summary Question: Volume expectations across carbon and Specialty businesses for Q1 2020 - Management expects first quarter volume to be better than Q4 2019 and similar to Q1 2019, with growth in Specialty Metals [43][44] Question: Pricing trends for carbon and specialty gross profits per ton in Q1 - Carbon pricing has seen fluctuations, with expectations of lower margins in Q1 compared to Q4 [46][48] Question: Demand from yellow and green goods in Q1 - Initial expectations were down, but there is optimism for good volume as the quarter progresses [52][54] Question: Changes in legacy carbon flat segment to improve profitability - The company is focused on adding value to carbon steel and improving inventory turnover to mitigate volatility [56][58] Question: Integration of EZ-Dumper acquisition - The integration is going well, and the company is optimistic about future benefits [66] Question: Impact of coronavirus on demand - No current negative effects have been observed, but management is monitoring the situation [67] Question: M&A strategy and future acquisitions - The company is actively looking for acquisitions to enhance returns and profitability [73] Question: Current mindset on inventories - The company aims to maintain close inventory management and improve turnover rates [76][78] Question: U.S. MCA policy impact on manufacturing - There is ongoing discussion, but customers are maintaining their current operations [80][82] Question: Opportunities for increasing tolling volumes - The company is actively looking to grow its aluminum processing business [90]

Investor Presentation February 2020 Forward-Looking Statements | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | Statements contained in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that | | | could cause actual results to differ materially from those expressed in the | | | forward-looking statements. Such ...

Investor Presentation November 2019 Forward-Looking Statements | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | Statements contained in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that | | | could cause actual results to differ materially from those expressed in the | | | forward-looking statements. Such ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ( X ) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (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 (Address of princi ...

Financial Data and Key Metrics Changes - The company reported a net income of $591,000 or $0.05 per share for Q3 2019, a significant decrease from $11.6 million or $1.01 per share in the same quarter last year [21][22] - Net sales for Q3 2019 were $384 million, down 16% compared to Q3 2018, with selling prices decreasing by 7% and volume down 10% [17][18] - Consolidated gross margin for Q3 2019 was 19%, compared to 20% in Q3 2018, with carbon flat gross margins negatively impacted by declining prices [19][20] Business Line Data and Key Metrics Changes - The Specialty Metals segment saw a 3% increase in sales compared to Q3 2018, driven by volume growth and improved pricing, while the Pipe and Tube segment also delivered strong results [18][19] - The Pipe and Tube sales were down approximately 2% year-over-year, while the overall market was down 14%, indicating market share growth [6][18] Market Data and Key Metrics Changes - The overall market for carbon steel products faced challenges due to softer global demand, unsettled trade agreements, and excess global steel capacity, leading to sharp declines in pricing [4][6] - The company noted that its stainless flat roll shipments were up 10.6%, while the overall market was down 2.7%, reflecting successful market share growth [14][15] Company Strategy and Development Direction - The company is focused on diversifying its business, with Specialty Metals and Pipe and Tube segments constituting 44% of sales in Q3 2019 [4][5] - The strategy includes acquiring manufacturers of metal-intensive branded products to enhance profitability and reduce volatility [10][11] - The company aims to strengthen its balance sheet, reduce operating expenses, and focus on cash flow generation to pay down debt [7][27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about being at the bottom of carbon steel pricing pressures and anticipates a recovery phase extending into early 2020 [7][32] - The company expects to see growth in automotive aluminum and food equipment sales, contributing to a strong outlook for 2020 [35][48] Other Important Information - The Board of Directors declared a regular cash dividend of $0.02 per share, marking the 58th consecutive quarter of dividend payments [8] - The company appointed Vanessa L. Whiting to the Board of Directors, bringing extensive experience in corporate finance and mergers and acquisitions [8] Q&A Session Summary Question: Recent flat roll price increases and margin recovery - Management noted traction in price increases and a surge in ordering as inventory levels lowered, indicating a recovery phase expected to extend into early 2020 [32][33] Question: Near-term expectations for gross profit and volume - Management anticipates a normal seasonal decline in shipments of 7% to 8% from Q3 to Q4, with potential recovery in spot sales [36][37] Question: Thoughts on Q1 volumes and inventory dynamics - Management indicated that large OEMs are adjusting their finished goods inventory, suggesting a potential improvement in volumes and pricing [39][40] Question: Growth in automotive aluminum business - Management confirmed success in targeting automotive aluminum in Detroit, Atlanta, and Mexico, with expectations for stronger performance in 2020 [48][50] Question: Inventory reduction efforts and pricing impact - Management expects inventory to decrease slightly in Q4, with pricing being the primary driver of inventory reduction rather than volume [51][55]

August 2019 SAFE HARBOR STATEMENT | --- | --- | |---------------------------------------------------------------------------------------------------------|-------| | | | | statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform | | | Act of 1995. Please refer to the Company's Securities | | | and Exchange Commission filings for further | | | information, including its most recent reports on | | | Form 10-K and its quarterly reports on Form 10-Q. | | Page 2 OLYM ...

Olympic Steel, Inc. (NASDAQ:ZEUS) Q2 2019 Earnings Conference Call August 1, 2019 9:00 AM ET Company Participants Rick Marabito - Chief Executive Officer David Wolfort - President Rich Manson - Chief Financial Officer Andrew Greiff - Executive Vice President and COO Dr. Don McNeeley - President, Chicago Tube & Iron Business Conference Call Participants Martin Englert - Jefferies Phil Gibbs - KeyBanc Capital Markets Aldo Mazzaferro - Mazzaferro Research Chris Sakai - Singular Research Operator Good morning, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ( X ) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 ( ) 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) | Ohio | 34-1245650 | | --- | --- ...

Olympic Steel, Inc. (NASDAQ:ZEUS) Q1 2019 Earnings Conference Call May 2, 2019 9:00 AM ET Company Participants Rick Marabito - Chief Executive Officer David Wolfort - President Rich Manson - Chief Financial Officer Andrew Greiff - Executive Vice President and COO Don McNeeley - President, Chicago Tube & Iron Business Conference Call Participants Martin Englert - Jefferies Phil Gibbs - KeyBanc Capital Markets Chris Sakai - Singular Research Operator Good morning, and welcome to the Olympic Steel 2019 First Q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ( X ) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 ( ) 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) | Ohio | 34-1245650 | | --- | --- ...