---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-050604"
form_type: "8-K"
ticker: "RYZ"
cik: "0001481582"
company_name: "Ryerson Holding Corp"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:18:15.283616+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ryerson Q1 net loss $7.6M; revenue down 11.9% YoY to $1.24B

## Summary
- Revenue $1.239B, tons shipped 497k (down 4.2% YoY); avg selling price $2,493/ton (down 8% YoY).
- Net loss attributable of $7.6M vs. net income of $47.3M in Q1 2023; diluted EPS -$0.22.
- Adjusted EBITDA excl. LIFO $40.2M, margin 3.2% vs. 6.4% a year ago.
- Announced $40M annualized cost reductions via workforce reductions and network cost-outs.
- Capital expenditures planned at $110M in 2024, declining to $50M in 2025; completed ERP integration of 31 service centers.

## SEC filing metadata
- accession: 0000950170-24-050604
- form_type: 8-K
- ticker: RYZ
- cik: 0001481582
- company_name: Ryerson Holding Corp
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1481582/000095017024050604/0000950170-24-050604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1481582/000095017024050604/ryi-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-050604
- JSON: https://secwatch.observer/filing/0000950170-24-050604.json
- Plain text: https://secwatch.observer/filing/0000950170-24-050604.txt

## Key facts
- Earnings Releases
  Ryerson Holding Corp reported first quarter ended March 31, 2024 results: revenue $1.24 billion, net income Net Loss attributable to Ryerson Holding Corporation of $7.6 million, EPS Diluted earnings (loss) per share $ (0.22 ).
  - Period: first quarter ended March 31, 2024
  - Revenue: $1.24 billion
  - Net income: Net Loss attributable to Ryerson Holding Corporation of $7.6 million
  - EPS: Diluted earnings (loss) per share $ (0.22 )
  - Result: reported results
  source text: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the first quarter ended March 31, 2024. Highlights: • Earned Revenue of $1.24 billion on 497,000 tons shipped and average selling price of $2,493 per ton. • Net Loss attributable to Ryerson Holding Corporation of $7.6 million with Adjusted EBITDA 1 , excluding
  evidence_url: https://www.sec.gov/Archives/edgar/data/1481582/000095017024050604/0000950170-24-050604-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.