---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-253615"
form_type: "8-K"
ticker: "RYZ"
cik: "0001481582"
company_name: "Ryerson Holding Corp"
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:55:12.154125+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Ryerson to acquire Olympic Steel in all-stock merger with ~$120M synergies; reports Q3 loss

## Summary
- Revenue $1.16B, net loss $14.8M, diluted EPS -$0.46; Adj. EBITDA (excl LIFO) $40.3M.
- Merger: Olympic Steel shareholders get 1.7105 RYI shares per ZEUS share, ~37% ownership, expected close Q1 2026.
- Annual synergies of ~$120M expected by end of year two; one-time implementation costs ~$40M.
- Leadership: Michael Siegal to be Chairman, Eddie Lehner CEO, Rick Marabito President/COO.
- Dividend declared $0.1875/share, payable Dec 18, 2025, unchanged from prior quarter.

## SEC filing metadata
- accession: 0001193125-25-253615
- form_type: 8-K
- ticker: RYZ
- cik: 0001481582
- company_name: Ryerson Holding Corp
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1481582/000119312525253615/0001193125-25-253615-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1481582/000119312525253615/ryi-20251028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-253615
- JSON: https://secwatch.observer/filing/0001193125-25-253615.json
- Plain text: https://secwatch.observer/filing/0001193125-25-253615.txt

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