Ryerson and Olympic Steel Announce Successful Closing of Merger

CHICAGO and CLEVELAND, Feb. 13, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, and Olympic Steel, Inc. (formerly NASDAQ: ZEUS), a leading U.S. metals service center, together announce that they have successfully merged as of today. Ryerson is issuing 1.7105 shares of Ryerson common stock for every share of Olympic Steel common stock, after which former shareholders of Olympic Steel will hold approximately 37% of Ryerson.

PRNewsWire • Feb 13, 2026

Ryerson Holding Corporation Stockholders and Olympic Steel, Inc. Shareholders Approve Proposals Related to Pending Transaction

CHICAGO and CLEVELAND, Feb. 12, 2026 /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 the shareholders of Olympic Steel and the stockholders of Ryerson have approved the merger and the related issuance of Ryerson stock, respectively, at their respective Special Meetings. As a result, the closing of the merger is expected to occur on February 13, 2026, subject to the satisfaction of the remaining customary closing conditions.

PRNewsWire • Feb 12, 2026

Olympic Steel Names Matthew Grussing Vice President of Fabrication

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the appointment of Matthew Grussing to the role of Vice President – Fabrication. He will report to Andrew S. Greiff, President & Chief Operating Officer. In his new role, Mr. Grussing will oversee the execution of Olympic Steel's fabrication strategy, a core component of the Company's broader growth initiatives. His priorities will include strengthening the organization's.

Business Wire • Feb 11, 2026

Olympic Steel: Merger With Ryerson And Higher Value In Sight

Olympic Steel (ZEUS) is rated Buy, with the Ryerson (RYI) merger expected to drive long-term value despite near-term volatility. The merger targets $120 million in annual synergies, creating the second-largest U.S. metals service center and enhancing scale, efficiency, and cash flow. ZEUS's conservative capital discipline and RYI's dynamic capital returns will combine, balancing resilience and growth in a volatile steel market.

Seeking Alpha • Feb 10, 2026

Olympic Steel Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olympic Steel, Inc. - ZEUS

NEW YORK  and NEW ORLEANS, Jan. 16, 2026 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

PRNewsWire • Jan 16, 2026

ZEUS Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Olympic Steel, Inc. is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Olympic Steel, Inc. (NASDAQ: ZEUS) to Ryerson Holding Corporation for 1.7105 Ryerson shares of common stock for every Olympic share of common stock is fair to Olympic shareholders. Halper Sadeh encourages Olympic shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or zhalper@h.

Business Wire • Oct 29, 2025

Olympic Steel Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olympic Steel, Inc. - ZEUS

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Olympic Steel, Inc. (NasdaqGS: ZEUS) to Ryerson Holding Corporation (NYSE: RYI). Under the terms of the proposed transaction, shareholders of Olympic Steel will receive 1.7105 Ryerson shares of common stock for each share of Olympic Steel that they own and will own approximately 37% of the combined.

Business Wire • Oct 29, 2025

Olympic Steel Reports Third-Quarter 2025 Results

CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2025. Net income for the third quarter totaled $2.2 million, or $0.18 per diluted share, compared with net income of $2.7 million, or $0.23 per diluted share, in the third quarter of 2024. The results include $0.1 million of LIFO expense in the third quarter of 2025 and $2.0 million of LIFO income in the third quarte.

Business Wire • Oct 28, 2025

Shareholder Alert: The Ademi Firm investigates whether Olympic Steel Inc. is obtaining a Fair Price for its Public Shareholders

MILWAUKEE , Oct. 28, 2025 /PRNewswire/ -- The Ademi Firm is investigating Olympic Steel (NASDAQ: ZEUS) for possible breaches of fiduciary duty and other violations of law in its transaction with Ryerson. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995.

PRNewsWire • Oct 29, 2025

Ryerson and Olympic Steel Announce Merger Agreement

CHICAGO and CLEVELAND , Oct. 28, 2025 /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, capabilities, and product offerings into Ryerson's intelligently interconnected network of value-added service centers.

PRNewsWire • Oct 28, 2025