News & Videos - OLYMPIC STEEL INC.

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has welcomed Joseph D. Goins as General Manager for its Action Stainless facility in Dallas, Texas. Mr. Goins is a veteran of the United States Air Force. He brings to his role numerous years of experience in the metals and manufacturing industries, including leadership roles in strategic sourcing, procurement, sales and operations management. In his new role, Mr. Goins will have responsibility for the day-to-day...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has announced the promotion of Jerry Gideon to the newly created role of Vice President – Specialty Metals Sales. Mr. Gideon joined the Company in a commercial leadership role in 2010 as part of Olympic Steel’s Integrity Stainless acquisition. In 2014, he became General Manager for the Integrity Stainless facility in Streetsboro, Ohio. Mr. Gideon then moved into his most recent position as Commercial Director –...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Scott M. Zito to the newly created role of Vice President – Business Development. Mr. Zito joined Olympic Steel in 1983 as an Inside Sales Representative with a wide range of responsibilities. By the mid-1980s, Mr. Zito began traveling for the Company as one of its first Outside Sales Representatives, covering upstate New York and later the Southeastern U.S. By 1995, he had moved to...

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2024. Fourth-Quarter Results Net income for the fourth quarter totaled $3.9 million, or $0.33 per diluted share, compared with net income of $7.4 million, or $0.64 per diluted share, in the fourth quarter of 2023. The results include $3.1 million of LIFO pre-tax income in the fourth quarter of 2024, compared with $5.3 million of LIFO pre-tax income...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has announced the promotion of Brant Harbert to the role of General Manager for the Company’s three Bedford Heights, Ohio, and Dover, Ohio, facilities. Mr. Harbert’s predecessor, Kevin Miller, has been promoted to a new leadership role within the organization. Mr. Harbert joined the Company in 2014 as an Inside Sales Representative for Olympic Steel’s Bedford Heights and Dover facilities before moving into his...

Olympic Steel, Inc. (Nasdaq: ZEUS) , a leading national metals service center, intends to release its fourth-quarter 2024 financial results after the market closes on February 20, 2025. A webcast to discuss these results will be held on Friday, February 21, 2025, at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the...

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the acquisition of Metal Works. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed. Metal Works is a leading manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components – all made primarily from coated carbon steel and aluminum. The business, which includes roll...

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended June 30, 2023. Net income for the second quarter totaled $15.0 million, or $1.30 per diluted share, compared with net income of $37.6 million, or $3.26 per diluted share, in the second quarter of 2022. The results include $1.0 million of LIFO pre-tax income in the second quarter of 2023, compared to no LIFO adjustment in the second quarter of 2022. Adjusted...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced several recent leadership changes related to the Company’s fabrication growth strategy. Edward ‘Max’ Fitzgerald Welcomed as Vice President – Fabrication Max Fitzgerald has joined the Company in the newly created role of Vice President – Fabrication. In this role, Mr. Fitzgerald will lead the execution of Olympic Steel’s fabrication strategy – a key element of the Company’s growth...

Olympic Steel, Inc. (Nasdaq: ZEUS) , a leading national metals service center, intends to release its second-quarter 2023 financial results after the market closes on August 3, 2023. A webcast to discuss these results will be held on Friday, August 4, 2023 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer. To access the webcast,...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced several recent leadership changes. Michael Heenan Named General Manager Michael Heenan has been named to the role of General Manager for Olympic Steel’s Gary, Indiana, temper mill processing and distribution facility. Mr. Heenan joined the Company in 2010 as an Inside Sales Representative. Throughout his career, he has excelled in positions of increasing commercial responsibility. Most recently, Mr....

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2023. Net income for the first quarter totaled $9.9 million, or $0.85 per diluted share, compared with net income of $37.3 million, or $3.23 per diluted share, in the first quarter of 2022. There were no LIFO adjustments recorded for the first quarters of 2023 or 2022. Adjusted EBITDA for the first quarter of 2023 was $28.6 million, compared with...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the appointment of Jessica L. Burroughs to the newly created role of Vice President for the organization’s Action Stainless & Alloys subsidiary. Ms. Burroughs joins the Company with more than 18 years of metals industry experience in roles encompassing commercial, sales and marketing functions. She will report directly to Andy Markowitz, President - Specialty Metals, Olympic Steel. “Continuing to...

Olympic Steel, Inc. (Nasdaq: ZEUS) , a leading national metals service center, intends to release its first-quarter 2023 financial results after the market closes on May 4, 2023. A webcast to discuss these results will be held on Friday, May 5, 2023 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer. To access the webcast, please...

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2022. Fourth-Quarter Results Net income for the fourth quarter totaled $4.0 million, or $0.34 per diluted share, compared with net income of $24.9 million, or $2.16 per diluted share, in the fourth quarter of 2021. The results include $0.9 million of LIFO pre-tax income in the fourth quarter of 2022, compared with $9.9 million of LIFO pre-tax...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that the Company’s Board of Directors approved a regular quarterly cash dividend of $0.125 per share, which is an increase of $0.035 per share from the Company’s last quarterly dividend of $0.09 per share. The dividend is payable on March 15, 2023, to shareholders of record on March 1, 2023. The Company has paid a regular quarterly dividend since March 2006. “Olympic Steel’s performance over the...

Olympic Steel, Inc. (Nasdaq: ZEUS) , a leading national metals service center, intends to release its fourth-quarter 2022 financial results after the market closes on February 23, 2023. A webcast to discuss these results will be held on Friday, February 24, 2023 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer. To access the...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotions of Lisa K. Christen to Vice President and Treasurer and Kevin M. Eldridge to Corporate Controller. “We’re pleased to recognize the continued career growth of both Lisa and Kevin alongside the continued growth of Olympic Steel,” said Richard A. Manson, Chief Financial Officer. “These are both long-tenured members of our financial management team who have significant roles in...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that it has acquired all outstanding shares of Metal-Fab, Inc. (“Metal-Fab”). The purchase is expected to be immediately accretive. Metal-Fab was founded in 1958 and operates from two warehousing and fabrication facilities in Wichita, Kansas. The business manufactures venting and filtration products for residential, commercial and industrial applications – products constructed largely of coated...

Olympic Steel Inc. (Nasdaq: ZEUS) , a leading national metals service center, today announced that Michael A. Tookey has joined the Company in the newly created role of Director – Coated Products. In this position, Mr. Tookey’s responsibilities will focus the Company’s efforts on accelerating growth related to coated carbon flat-rolled products and processes, including galvanized, galvannealed, aluminized and automotive grades of steel. He will report directly to David J. Gea, President...