Ryerson Hld

Ryerson Holding Corp. engages in the processing and distribution of industrial metals. It processes and distributes products in stainless steel, aluminum carbon steel and alloy steels and a limited line of nickel and red metals in various shapes and forms. The firm serves end-markets including oil and gas, industrial equipment, transportation equipment, heavy equipment, and electrical machinery. It also offers value-added processing and fabrication services such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius. The company was founded in 1842 and is headquartered in Chicago, IL.

Earnings data Q1 2021

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Earnings data Q4 2024

Ryerson Hld reports strong Q4 performance amidst pricing trends

Ryerson Holding Corporation's Q4 2022 performance reflects a resilient approach to debt reduction, strategic investments, and operational efficiency.
Despite facing challenges related to pricing volatility and economic uncertainties, the company's strong leadership and focus on sustainable growth position it for future success.
Opportunities lie in capitalizing on growing demand for industrial metals, innovating value-added services, and expanding market presence through strategic initiatives.

Ryerson Hld (RYI) reports robust Q1 earnings and outlines growth strategies

Ryerson Holding Corporation's Q1 2023 earnings call showcased strong financial performance, strategic growth initiatives, and a positive outlook for Q2.
The company's focus on sustainable solutions, disciplined acquisitions, and operational efficiency underpin its resilience and market positioning.
Challenges in pricing dynamics, integration processes, and market uncertainties require strategic management and operational agility.
Opportunities for growth through market expansion, innovation, and value-added services highlight Ryerson's potential for long-term success.

Ryerson Hld (RYI) Q2 2023 Earnings Call: Navigating Challenges, Embracing Growth Opportunities

Ryerson Holding Corporation navigated through a tough second quarter by focusing on strategic investments and operational efficiencies. While facing margin pressures and market uncertainties, the company remains resilient and committed to long-term growth.

Ryerson Hld meets Q3 guidance amidst market challenges and investments

Ryerson Hld faced challenges in Q3 but managed to meet guidance and make strategic investments for future growth. The company is navigating market conditions and focusing on operational efficiency.

Ryerson Hld exceeds Q4 expectations, poised for strategic growth

Ryerson Holding Corporation delivered a robust performance in Q4 2023, surpassing financial expectations and demonstrating operational efficiency.
Despite market challenges, the company's resilience, strategic investments, and strong financial management position it well for future growth.
Management's focus on enhancing profitability, navigating uncertainties, and seizing growth opportunities underscores Ryerson's strategic direction.

Ryerson Hld Q1 2024: Mixed Results, Strategic Investments Drive Growth

Ryerson's Q1 performance reflects a strategic shift towards investment and optimization for long-term growth. Despite challenges in profitability and integration, the company's focus on customer experience and acquisitions positions it well for future success.

Ryerson Hld Q2 2024: Revenue meets guidance, challenges in pricing

Ryerson Holding Corporation faced challenges from pricing pressure and margin compression in Q2 2024, impacting financial performance.
Despite these challenges, the company demonstrated strengths in cost management, operational optimization, and cash flow generation.
Opportunities lie in upcoming initiatives, addressing common issues, and optimizing working capital to drive future growth and profitability.

Ryerson Holding Corp meets Q3 guidance amidst pricing challenges

Ryerson Holding Corporation's Q3 performance met guidance expectations, with revenue of $1.13 billion and a net loss of $6.6 million, highlighting challenges in pricing dynamics and sales volume.
The company's strategic strengths lie in its focus on efficiency optimization, investments in facilities and technology, and understanding of steel industry dynamics.
While facing challenges such as margin compression and lower Q4 expectations, Ryerson sees opportunities in cyclical improvements, cost reductions, and operational enhancements.

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Ryerson Holding Corp. engages in the processing and distribution of industrial metals. It processes and distributes products in stainless steel, aluminum carbon steel and alloy steels, and a limited line of nickel and red metals in various shapes and forms. The firm serves end-markets including oil and gas, industrial equipment, transportation equipment, heavy equipment, and electrical machinery. It also offers value-added processing and fabrication services such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius. The company was founded in 1842 and is headquartered in Chicago, IL.

RYI's revenue growth from 2014 to 2022 was driven by changes in selling price rather than tonnage growth. It is a cyclical company despite its diverse offerings and customer base. But there were improvements in operating efficiencies and the company is financially sound. A valuation based on its performance over the cycle shows that there is a sufficient margin of safety.

Ryerson Made Hay While The Sun Shone. But Is The Sun Still Shining?

Desktop Metal

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the sale of a Production System P-50 and a full fleet of metal binder jet systems to FreeFORM Technologies. FreeFORM's primary investor is Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Based in St. Marys, PA, FreeFORM no.

Desktop Metal Announces Sale of Production System P-50 and Super Fleet of Metal Binder Jet Systems to FreeFORM Technologies

CHICAGO , Aug. 31, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced its planned participation at the following investor conferences during the 2nd half of 2023: Jefferies Industrials Conference in New York City; September 6 – 7 Morgan Stanley Laguna Conference in Laguna Beach, September 13 – 15 Baird Global Industrials Conference in Chicago; November 7 – 9 Goldman Sachs Metals & Mining Conference in New York City; November 15 – 16 Citi Global Basic Materials Conference in New York City; November 28 – 29 Jim Claussen, Ryerson's Chief Financial Officer, stated "Following the success of our multi-year capital structure transformation, which includes $180 million returned to shareholders through repurchases and dividends over the past five quarters, we look forward to engaging with investors on Ryerson's financial and operational transformation." Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China.

Ryerson Announces 2nd Half of 2023 Investor Conference Participation Schedule

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CHICAGO , Aug. 8, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today the closing of an underwritten secondary public offering of 4,000,000 shares of its common stock by an affiliate of Platinum Equity LLC (the "Selling Stockholder"). Ryerson did not offer any shares of its common stock in the offering and did not receive any of the proceeds from the sale of the shares offered by the Selling Stockholder.

Ryerson Holding Corporation Announces Closing of Secondary Offering of Common Stock by a Significant Shareholder

CHICAGO , Aug. 4, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today the pricing of the previously announced secondary public offering of 4,000,000 shares of the Company's common stock (the "Offering") pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the "SEC") by a significant shareholder, an affiliate of Platinum Equity LLC (the "Selling Stockholder"). The Selling Stockholder will receive all of the net proceeds from the Offering.

Ryerson Holding Corporation Announces Pricing of Secondary Offering of 4,000,000 Shares of Common Stock by a Significant Shareholder

CHICAGO , Aug. 3, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today that a significant shareholder, an affiliate of Platinum Equity LLC (the "Selling Stockholder"), has commenced a secondary offering of 4,000,000 shares of its common stock (the "Offering") pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the "SEC").  The Selling Stockholder will receive all of the net proceeds from the Offering.

Ryerson Holding Corporation Announces Secondary Offering of 4,000,000 Shares of Common Stock by a Significant Shareholder

Ryerson saw both earnings and revenue fall year over year due to a "subdued" manufacturing environment. The company is feeling the impact of shifting consumer spending patterns and higher interest rates.

Why Ryerson Stock Is Falling Today

Ryerson Holding Corporation (NYSE:RYI ) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET Company Participants Pratham Dear – Manager-Investor Relations Eddie Lehner – President and Chief Executive Officer Mike Burbach – Chief Operating Officer Jim Claussen – Chief Financial Officer Molly Kannan – Chief Accounting Officer and Corporate Controller Conference Call Participants Katja Jancic – BMO Capital Markets Samuel McKinney – KeyBanc Capital Markets Alan Weber – Robotti Advisors Operator Good day and welcome to the Ryerson Holding Corporation's Second Quarter 2023 Conference Call. Today's conference is being recorded.

Ryerson Holding Corporation (RYI) Q2 2023 Earnings Call Transcript

Business highlights include $50 million share repurchase, continued progress integrating recent acquisitions, ongoing development and implementation of organic growth and customer experience initiatives including our new University Park, IL service center, and eighth consecutive increase in the quarterly dividend. Quarterly results include strong cash flow generation.

Ryerson Reports Second Quarter 2023 Results

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Ryerson Holding (RYI) is expected to have benefited from a positive demand environment in the second quarter.

Ryerson Holding (RYI) to Report Q2 Earnings: What's in the Offing?

After reaching an important support level, Ryerson Holding (RYI) could be a good stock pick from a technical perspective. RYI surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

Ryerson Holding (RYI) Recently Broke Out Above the 20-Day Moving Average

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Are Basic Materials Stocks Lagging Ryerson (RYI) This Year?

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Despite Fast-paced Momentum, Ryerson (RYI) Is Still a Bargain Stock

Ryerson (RYI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Ryerson (RYI) a New Strong Buy Stock

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Ryerson (RYI) Is Attractively Priced Despite Fast-paced Momentum

CHICAGO , June 26, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss second quarter 2023 financial results for the period ended June 30, 2023 on Tuesday, August 1 st at 10 a.m. Eastern Time.

Ryerson to Host Earnings Call on Tuesday, August 1st to Discuss Second Quarter 2023 Results

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News for Ryerson Hld Stock (RYI)