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Ryerson and Olympic Steel Announce Merger Agreement
Prnewswire· 2025-10-28 20:51
, /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, and Olympic Steel, Inc. (NASDAQ: ZEUS), a leading U.S. metals service center, announced today that they have entered into a definitive agreement to merge. The merger will enhance the combined company's presence as the second-largest North American metals service center and represents a highly compatible strategic match as it will bring Olympic Steel's complementary footprint, capa ...
Olympic Steel Reports Third-Quarter 2025 Results
Businesswire· 2025-10-28 20:45
The Company reported sales totaling $491 million in the third quarter of 2025, up 4.5% compared with $470 million in the third quarter of 2024. "Olympic Steel's third-quarter performance demonstrates the resilience of our business model,†said Richard T. Marabito, Chief Executive Officer. "Despite softer demand caused by trade and interest rate uncertainty, our margins remained solid and we generated $15.4 million of Adjusted EBITDA. All three business segments contributed to profitability, with Specialty Me ...