Tag: Olympic Steel

Olympic Steel’s earnings slid in the first quarter as the steel industry faced a “challenging” economic conditions.

Olympic Steel elected Peter J. Scott to its board of directors at its annual meeting on May 2. At the same time, long-time director Michael G. Rippey has retired from the board after 10 years.

Olympic Steel has named Alex Hegler as general manager for its Action Stainless facility in Rock Hill, S.C.

Olympic Steel has opened a new facility in Houston to support its Action Stainless business.

Cleveland-based Olympic Steel Inc. has promoted Scott M. Zito to the newly created role of vice president of business development. Zito has been with the company for more than 40 years.

"The collaboration with these three companies will enhance AISI’s already significant engagement with members of Congress and the administration," the group's CEO said.

Olympic Steel Inc. has promoted Brant Harbert to general manager for the company’s three facilities in Bedford Heights and Dover, Ohio.

Cleveland-based Olympic Steel announced its first acquisition of 2024, Georgia-based components manufacturer Metal Works.

Olympic Steel remained profitable in the third quarter despite strong economic headwinds and pricing pressure across the steel industry.

Olympic Steel’s earnings tumbled in the second quarter as the company expects near-term business conditions to remain “challenging.”

There are just 40 days left until the 2024 SMU Steel Summit gets underway on Aug. 26 at the Georgia International Convention Center (GICC) in Atlanta. And I’m pleased to announce that it's official now: More than 1,000 people have registered to at attend! Another big development: The desktop version of the networking app for the event has officially launched!

Olympic Steel is celebrating Executive Chairman Michael D. Siegal's 50th work anniversary and the company’s 70th year in business.

Now that June has arrived, the official countdown until SMU’s Steel Summit 2024 – North America’s premier flat-rolled steel conference – has begun. If you haven’t already registered, don’t delay. More than 700 attendees from more than 300 companies have already registered to be in Atlanta this August. In short, it’s poised to be another […]

We’re just a few months away from SMU’s Steel Summit 2024 – North America’s premier flat-rolled steel conference.

Olympic Steel logged lower earnings in the first quarter of 2024, but the company said all three of its segments contributed to profitability.

Olympic Steel said it's open to future acquisitions in all three of its business segments.

Olympic Steel’s earnings jumped in the fourth quarter, even as the company dealt with "significant" price volatility in hot rolled for full-year 2023.

The 35th Annual Tampa Steel Conference starts in just a few days. As one of the premier domestic steel conferences, it’s the perfect way to kick off 2024. It’s not too late to register if you haven’t already done so, but make sure to book now!

Olympic Steel has promoted Zachary Siegal to the newly created role of president of manufactured metal products.

Olympic Steel’s earnings edged up in the third quarter vs. a year earlier, though sales declined due to lower metal pricing, the Cleveland-based metals service center said.

Cleveland-based service center group Olympic Steel has named a new aluminum sales director.

Olympic Steel has acquired Conway, Ark.-based Central Tube & Bar (CTB).

Olympic Steel said Leah M. Kiley has been promoted to the role of general manager for the company’s Minneapolis plate processing facility.

Here’s the program for the final day of SMU's Steel Summit on Wednesday, Aug. 23, at the Georgia International Convention Center in Atlanta.

Despite an uncertain economic outlook, Olympic Steel is expecting demand to remain steady in the current quarter.

Olympic Steel has made leadership changes relating to the company’s fabrication growth strategy. The Cleveland-based metals service center said in a press release Tuesday that Edward ‘Max’ Fitzgerald has joined the company in the newly created role of vice president – fabrication. Fitzgerald will focus on strengthening the company’s “fabrication-related commercial presence, facilitating operational standardization, and […]

Olympic Steel announced changes to the company’s leadership team on Friday. Michael Heenan has been named general manager for the Cleveland-based metals service center’s Gary, Ind., temper mill processing and distribution facility. Heenan joined the company in 2010 and most recently served as regional sales manager for Olympic’s Gary and Schaumburg and Bartlett, Ill., Specialty […]

The Metals Service Center Institute (MSCI) and Steel Manufacturers Association (SMA) kicked off their annual members conference on Wednesday, June 21. Members of both organizations have convened in Washington to discuss various topics related to the steel industry. A press conference on Wednesday afternoon included Philip K. Bell, president of SMA; Bob Weidner, president and CEO […]

We are counting down the days until SMU’s Steel Summit Conference on Monday-Wednesday, Aug. 21-23, in Atlanta. It’s only a little over two months away. Approximately 755 people have already registered. Our discounted room blocks are almost gone. Register here. The event will again be held at the Georgia International Convention Center, a massive conference center in close […]

Olympic Steel’s first-quarter net earnings slid 73% from the same period last year, but the company sees customer demand remaining steady through the second quarter despite economic uncertainties. The Cleveland-based metals service center reported net income of $9.9 million in Q1, off from $37.3 million in the same period last year, on net sales that […]