ADDED
As of February 18, 2026 there we re 51,482,714 shares of our Common Stock, par value $0.01 per share, outstanding.
As of December 31, 2025, affiliates of Platinum Equity, LLC ( Platinum ) own approximately 3,924,478 shares of our common stock, which is approximately 12.2% of our issued and outstanding common stock.
As of December 31, 2025, we have approximately 4,300 employees across 103 facilities in North America and three facilities in China.
("Olympic Steel") jointly announced their definitive agreement to merge and on February 13, 2026, they announced the successful completion of the merger (the Olympic Steel Merger ).
Olympic Steel is a metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate, and coil products; stainless steel sheet, plate, bar, and coil; aluminum sheet, plate, and coil; pipe, tube, bar, valves and fittings, tin plate and metal-intensive end-use products.
Olympic Steel provides metals processing and distribution services for a wide range of customers.
The combination of the two companies enhances Ryerson's presence as North America's second largest metals service center, bringing Olympic Steel's complementary footprint, capabilities, and product offering into Ryerson's intelligently interconnected network of value-added service centers.
This saves our customers time, labor, and expense, reducing their overall manufacturing costs.
It also permits us to increasingly focus on value-added services and expansion of our mix of fabricated products, which typically sell at higher margins.
We therefore invest in our processing equipment to grow this mix and our gross profit margin.
REMOVED
As of February 14, 2025 there were 31,850,903 shares of our Common Stock, par value $0.01 per share, outstanding.
Affiliates of Platinum Equity, LLC ( Platinum ) own approximately 3,924,478 shares of our common stock, which is approximately 12.3% of our issued and outstanding common stock.
We have approximately 4,200 employees across 107 facilities in North America and four facilities in China.
This saves our customers time, labor, and expense, reducing their overall manufacturing costs, while permitting us to increasingly focus on value-added services and expanding our mix of fabrication products, which typically sell at higher margins.
This supports our capital expenditures on processing equipment to grow annual gross profit margin.
The majority of metals services companies have limited product lines and inventories, with customers located in a specific geographic area.
Based on sales, we are one of the largest service center companies for carbon, stainless steel, and aluminum in the North American market where we have a broad geographic presence with 107 facilities.
Our operations serve a diverse range of industries including commercial ground transportation, metal fabrication and machine shops, industrial machinery and equipment manufacturing, consumer durable equipment, HVAC manufacturing, construction equipment manufacturing, food processing and agricultural equipment manufacturing, and oil and gas.
5 For the year ended December 31, 2024, no single customer, including their subcontractors, accounted for more than 8% of our sales, and our top 10 customers, including their subcontractors accounted for approximately 18% of our sales.
Industry Outlook The Institute for Supply Management s Purchasing Managers Index ( PMI ) reported contracting factory activity throughout 2024 with readings consistently below the growth threshold of 50.