Ryerson swings to Q3 loss amid difficult business climate

Ryerson Holding Corp.

Third quarter ended Sept. 30	2024	2023	Change
Net sales	$1,126.6	$1,246.7	-9.6%
Net earnings (loss)	$(6.6 )	$35.0	-118.9%
Per diluted share	$(0.20 )	$1.00	-120%
Nine months ended Sept. 30
Net sales	$3,591.3	$3,996.3	-10.1%
Net earnings (loss)	$(4.3 )	$119.9	-103.6%
Per diluted share	$(0.13 )	$3.34	-103.9%

(in millions of dollars except per share)

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.