Ryerson Holding Corporation Q3 2025 Financial Results and Merger Announcement

Ryerson Holding Corporation reported its financial results for the third quarter of 2025, with revenue of $1.16 billion, a slight decrease of 0.7% compared to the previous quarter. The company experienced a net loss of $14.8 million, or $0.46 per diluted share. Despite the loss, Ryerson managed to reduce its debt to $500 million and declared a quarterly cash dividend of $0.1875 per share. Additionally, Ryerson announced a definitive merger agreement with Olympic Steel, Inc., where Olympic Steel will merge with a subsidiary of Ryerson, becoming a wholly owned subsidiary of Ryerson. The merger is subject to customary closing conditions, including shareholder approvals. The company expects a decrease in customer shipments for the fourth quarter due to seasonal patterns and weak demand conditions.