Ryerson Holding Corporation Overview
Pro stress-test →Ryerson Holding Corporation is a leading value-added processor and distributor of industrial metals. Founded in 1842, the company processes and distributes products in stainless steel, aluminum, carbon steel, and alloy steels across the United States, Canada, Mexico, and China. Following its February 13, 2026 merger with Olympic Steel, Ryerson operates approximately 160 locations with around 6,400 employees, positioning itself as North America's second-largest metals service center.
Strategic Profile
Pro stress-test →In Q1 2026, Ryerson generated revenue of $1.57 billion following the February 2026 merger with Olympic Steel, with tons shipped up 31.2% and average selling prices up 5.2% compared to the first quarter of 2025. The company is focused on attaining the projected $120 million in annual run-rate synergies by early 2028 through integration of Olympic Steel. The company serves commercial transportation, fabrication and welding, machinery and equipment, consumer products, heavy equipment, climate, power, and machine shop industries.
Competitive Landscape
Pro stress-test →The merger enhances Ryerson's presence as the second-largest North American metals service center, positioning it against larger integrated steelmakers and regional distributors. Ryerson competes on service speed, distribution density, processing capabilities, and product breadth in a consolidated industry. Key market drivers include manufacturing activity, automotive production, construction, and industrial equipment demand.
Industry Context
Ryerson Holding Corporation operates in Metals Distribution & Service Centers.
Key facts
Founded: 1842 · Headquarters: Chicago, Illinois · Employees: 6,400 · Revenue: $1.57B (Q1 2026) · Market cap: $1.3B