Olympic Steel, Inc. (ZEUS)

In the past six months, Olympic Steel announced its second and third-quarter 2025 financial results, with the third quarter reporting an EPS of $0.19 and revenue of $490.65 million, exceeding estimates, but also a net loss of $14.8 million and a contraction in gross margin. A definitive agreement to merge with Ryerson Holding was announced, projected to create North America's second-largest metal service center, valued at $6.5 billion, with anticipated synergies of $120 million over two years. Insider trading activity included President and COO Andrew Greiff selling $280,290 worth of stock, while Director Peter Scott bought $200,647 worth of shares. The company declared two dividends of $0.16 per share. As of January 6, 2026, the stock price was $44.83 per share, reflecting a 40.89% increase from January 7, 2025, and on January 13, 2026, the stock closed at $48.05.

Demand for Olympic Steel's products and services exhibits seasonality, influenced by the construction industry, which typically peaks during the spring and summer months. The production of agricultural machinery also contributes to seasonal steel demand. Demand tends to dip during the winter months due to a slowdown in construction activities, year-end budget cuts, and holiday shutdowns. Minor slowdowns can also occur in spring, late summer, and late fall.

Olympic Steel, Inc. is a North American metals service center specializing in processing and distributing metal products, operating in the Materials sector within the Steel industry. The company focuses on direct sales and value-added processing through its Carbon Flat Products, Specialty Metals Flat Products, and Tubular and Pipe Products segments. It processes and distributes various forms of steel and aluminum, and through its Chicago Tube & Iron subsidiary, it distributes steel tubing, pipe, bar, valves & fittings, and fabricates pressure parts. Olympic Steel also offers metal-intensive branded products and serves industries including industrial machinery, automotive, transportation, construction, energy, and defense.

Olympic Steel has an expansive geographic footprint across North America, operating out of 53 to 54 strategically located sales and warehouse facilities with a manufacturing footprint spanning over 4.4 million square feet. Headquartered in Cleveland, Ohio, it has numerous locations throughout the United States, enabling the company to serve both regional and national multi-location accounts effectively.

In the past year, Olympic Steel has been recognized as one of the "50 Most Engaged Workplaces in the U.S." and a multi-year recipient of the Northeast Ohio NorthCoast 99 Award. However, the company received an ESG risk rating of 40.78, categorized as "Severe Risk" as of September 9, 2025. The announced merger with Ryerson Holding in October 2025 is a significant business development that could influence the company's brand reputation.

Olympic Steel, Inc.'s ownership is primarily dominated by institutional investors, holding approximately 83.90% to 84.9% of the company's stock. Individual insiders hold about 12.3% to 14.31% of the shares, with Michael D. Siegal identified as the largest individual shareholder, owning 9.53% of the company's shares.