Olympic Steel Inc. reported third-quarter 2025 sales of $491 million, an increase of 4.5% from $470 million in the third quarter of 2024. Net income for the third quarter was $2.2 million, compared with $2.7 million in the same period last year. Adjusted EBITDA for the quarter was $15.4 million, up from $13.0 million in the third quarter of 2024. The Specialty Metals segment recorded its highest shipping quarterly volume in the past three years. The company also announced a definitive merger agreement to become a wholly owned subsidiary of Ryerson, with the transaction expected to close in the first quarter of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olympic Steel Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251028164130) on October 28, 2025, and is solely responsible for the information contained therein.
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