Olympic Steel INC
Market Movers (8-K)
Olympic Steel, Inc. shareholders have approved the merger with Ryerson Holding Corporation, with the transaction expected to close on February 13, 2026.
Olympic Steel, Inc. has voluntarily supplemented its merger proxy statement with Ryerson Holding Corporation to address shareholder lawsuits challenging disclosure adequacy.
Delay expected
Olympic Steel, Inc. has entered into a definitive merger agreement with Ryerson Holding Corporation, where Olympic Steel shareholders will receive 1.7105 shares of Ryerson common stock for each of their shares.
Delay expected
Capital raise
Olympic Steel announced its third-quarter 2025 financial results and a definitive merger agreement to become a wholly owned subsidiary of Ryerson Holding Corporation.
Delay expected
Worse than expected
Olympic Steel, Inc. announced second-quarter 2025 financial results, reporting a decline in net income and sales year-over-year but a sequential increase in Adjusted EBITDA despite challenging macroeconomic conditions.
Worse than expected
Olympic Steel's 2025 Annual Meeting of Shareholders saw the election of directors and ratification of the company's auditor.
Quarterly Earnings (10-Q)
Olympic Steel reported a significant drop in nine-month net income and operating income, despite a slight increase in Q3 net sales, as it moves forward with a proposed merger with Ryerson Holding Corporation.
Worse than expected
Olympic Steel Inc. reported a substantial decrease in net income and earnings per share for the second quarter and first half of 2025, driven by lower net sales, even as gross profit margins improved and operating cash flow saw a significant increase.
Worse than expected
Olympic Steel's Q1 2025 results show a decrease in net sales but an increase in gross profit percentage, alongside the extension of their ABL Credit Facility.
Worse than expected
Olympic Steel's third-quarter results show a decrease in net sales and income compared to the previous year, influenced by fluctuating metal prices and increased operating expenses.
Worse than expected
Capital raise
Olympic Steel's second-quarter results show a decrease in net sales and income compared to the previous year, influenced by fluctuating metal prices.
Worse than expected
Capital raise
Olympic Steel's first quarter of 2024 saw a decrease in net sales and earnings per share compared to the same period last year, influenced by fluctuating metal prices and market conditions.
Worse than expected
Annual Reports (10-K)
Olympic Steel's 2024 results reveal a decrease in net sales to $1.94 billion, impacted by fluctuating metals prices and industry-wide trends.
Worse than expected
Olympic Steel's 2023 annual report reveals a year of strategic acquisitions and market volatility, impacting sales and profitability.
Capital raise
Worse than expected
Insider Trading (Form 4)
An Olympic Steel director disposed of common stock and restricted share units as part of the company's merger with Ryerson Holding Corporation.
Olympic Steel Director Dirk A. Kempthorne reported the disposal of common stock and restricted share units following the company's merger with Ryerson Holding Corporation.
Olympic Steel Director Vanessa Whiting converted her common stock and restricted share units into Ryerson Holding Corporation shares following the merger.
Olympic Steel's Vice President and Treasurer, Lisa K. Christen, reported the disposition of common stock and conversion of equity awards following the merger with Ryerson Holding Corporation.
Olympic Steel's CFO, Richard A. Manson, disposed of common stock and restricted share units following the company's merger with Ryerson Holding Corporation.
Olympic Steel CEO Richard T. Marabito's common stock and restricted share units were converted into Ryerson Holding Corporation shares and cash following the merger agreement.
Proxy Statements (Def-14A)
Ryerson Holding Corporation will acquire Olympic Steel, Inc. in an all-stock transaction, creating North America's second-largest metals service center.
Better than expected
Delay expected
Capital raise
Olympic Steel, Inc. will hold its 2025 Annual Meeting of Shareholders virtually on May 2, 2025, to vote on director elections, auditor ratification, and executive compensation.
Worse than expected
Olympic Steel, Inc. has filed its definitive proxy statement for the 2024 Annual Meeting of Shareholders, scheduled for May 3, 2024, covering director elections, auditor ratification, and executive compensation.
Schedule 13G - Passive Investments
Dimensional Fund Advisors LP has filed a Schedule 13G, reporting no beneficial ownership of Olympic Steel Inc. common stock as of March 31, 2026.
BlackRock, Inc. has disclosed an increased passive ownership stake of 10.8% in Olympic Steel Inc., holding 1,208,488 common shares.
BlackRock Portfolio Management LLC has disclosed a significant 8.9% beneficial ownership stake in Olympic Steel Inc. common stock, as detailed in a recent Schedule 13G filing.
SCHEDULE 13G/A: BlackRock Discloses 9.95% Passive Stake in Olympic Steel Inc.
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 9.95% beneficial ownership stake in Olympic Steel Inc. as of March 31, 2025.
BlackRock Portfolio Management LLC has filed a Schedule 13G, reporting a 7.0% passive beneficial ownership stake in Olympic Steel Inc. as of March 31, 2025.
BlackRock, Inc. has filed an amended Schedule 13G, disclosing a passive beneficial ownership of 11.7% in Olympic Steel Inc.'s common stock.