Invenomic Capital Management Buys $6.19M Stake in Olympic Steel
Invenomic Capital Management LP has bought a new position in Olympic Steel, Inc., acquiring 203,312 shares valued at approximately $6.19 million, representing 1.82% of the company's outstanding shares. This investment signifies growing institutional interest and confidence in Olympic Steel, a Cleveland-based metals service center, and suggests Invenomic Capital Management may influence its future strategic direction.
ZEUS SEC Filings - Olympic Steel 10-K, 10-Q, 8-K Forms
This page provides access to Olympic Steel (Ticker: ZEUS) SEC filings, including annual reports (10-K), quarterly reports (10-Q), material event filings (8-K), and insider trading forms (Form 4). It highlights the company's business as a U.S. metals service center and details its proposed merger with Ryerson Holding Corporation. The page also features AI-powered summaries of recent filings, such as Ryerson's strong vote in favor of the merger and insider stock transactions by Olympic Steel executives.
ZEUS SEC Filings - Olympic Steel 10-K, 10-Q, 8-K Forms
This page provides access to Olympic Steel (ZEUS) SEC filings, including 10-K, 10-Q, and 8-K forms, offering investors official regulatory documents and AI-powered summaries. Recent filings detail the company's Q3 2025 financial results and the proposed all-stock merger with Ryerson Holding Corporation, which aims to create the second-largest North American metals service center. The merger is subject to shareholder and regulatory approvals, with closing targeted for Q1 2026.
ZEUS Financials: Income Statement, Balance Sheet & Cash Flow
This article provides a comprehensive financial overview of Olympic Steel (ZEUS), detailing its income statement, balance sheet, cash flow, and key financial ratios through fiscal year 2024. It highlights the company's financial health signals such as low profitability and revenue decline but strong leverage and liquidity, along with its Altman Z-Score and Piotroski F-Score. The report indicates a weak overall financial health score of 37 out of 100 based on profitability, growth, leverage, liquidity, cash flow, and returns.
[15-12G] OLYMPIC STEEL INC SEC Filing
Olympic Steel, Inc. filed a Form 15-12G with the SEC, indicating the termination of its registration under Section 12(g) of the Securities Exchange Act of 1934 or the suspension of its duty to file reports. This filing was made on February 23, 2026, and was signed by Richard A. Manson, Chief Financial Officer. The company's approximate number of holders of record as of the notice date is one.
[EFFECT] OLYMPIC STEEL INC SEC Filing
This article announces an EFFECT filing by Olympic Steel Inc. (NASDAQ: ZEUS) with the SEC. The filing, dated February 17, 2026, is a Notice of Effectiveness with Accession Number 0001193125-26-051441 and a Submission Type of POS AM. The filing's impact and sentiment are noted as "Neutral."
Ryerson Completes Merger with Olympic Steel, Boosting Market Position
Ryerson Holding Corp's stock surged by 17.03% following its successful merger with Olympic Steel, completed on February 13, 2026. This merger is projected to generate $120 million in annual run-rate synergies by 2028, positioning Ryerson as the second-largest metals service center in North America. Despite a Q4 2025 earnings miss, the company saw a 9.7% year-over-year increase in net sales, indicating resilience and potential for enhanced shareholder value through improved profitability and operational efficiency.
RYI: Merger with Olympic Steel and expanded credit facility set stage for growth amid margin recovery
Ryerson Holding Corporation (RYI) reported that its fourth-quarter revenue met guidance despite margin compression and a net loss. The company's merger with Olympic Steel and an expanded credit facility are expected to position it for future growth. While full-year sales were flat, Adjusted EBITDA improved year-over-year, and the Q1 2026 outlook anticipates higher revenue and margin recovery.
Ryerson (RYI) Posts -$0.46 EPS, Misses Estimates by 560% as Olympic Steel Merger Announced
Ryerson Holding Corp (RYI) reported a Q4 EPS of -$0.46, significantly missing estimates by 560%, and announced a merger with Olympic Steel to counter margin compression and declining volumes. Despite revenue growth, the stock fell, reflecting investor concerns over profitability issues highlighted by a negative profit margin and net income. Management expects further volume softening but anticipates a positive cash flow from working capital release.
Bridgeport man arrested in theft of 26 tons of aluminum in Milford, police say
A Bridgeport man has been arrested in connection with the theft of 26 tons of aluminum from Olympic Steel in Milford. Ramon Penalo-Villar turned himself in to police on charges including third-degree burglary and first-degree larceny, with his bond set at $150,000. Another suspect, Eddy Ramirez, was previously arrested last month for the same theft.
Bridgeport man accused of stealing 26 tons of aluminum
A Bridgeport man, Ramon Penali-Villar, has been accused of stealing 26 tons of aluminum from Olympic Steel Company. He turned himself in after allegedly committing the theft in November with Eddy Ramirez, who was arrested in January. Authorities successfully recovered all of the stolen aluminum.
Ryerson Completes Merger With U.S. Metals Service Center Olympic Steel
Ryerson Holding has completed its merger with Olympic Steel, creating a combined entity that strengthens Ryerson's position as the second-largest metals service center in North America. The merger is expected to generate approximately $120 million in annual synergies by early 2028 and will trade on the NYSE under the symbol "RYZ" starting February 24. Key leadership roles have been announced, including former Olympic Steel CEO Richard T. Marabito becoming President and COO of Ryerson, and Michael D. Siegal chairing the Ryerson Board.
Ryerson Closes Olympic Steel Merger and Expands Credit Facility
Ryerson Holdings has finalized its merger with Olympic Steel, expanding its credit facility to $1.8 billion and solidifying its position as the second-largest North American metals service center. The combined company will operate as Ryerson Holding Corporation, changing its NYSE ticker to "RYZ" and aiming for operational efficiencies as well as broader product offerings. Leadership has been reorganized with Ryerson CEO Eddie Lehner remaining CEO and former Olympic CEO Richard T. Marabito becoming President and COO.
Ryerson and Olympic Steel complete merger to form second-largest metals service center
Ryerson Holding Corporation and Olympic Steel have completed their merger, creating the second-largest North American metals service center. The combined company will trade under the ticker "RYZ" starting February 24th and expects to generate approximately $120 million in annual synergies by early 2028. Eddie Lehner remains CEO, while former Olympic Steel CEO Richard T. Marabito becomes President and COO.
Olympic Steel Terminates Credit Agreement With Bank of America
Olympic Steel (ZEUS) has terminated its credit agreement with Bank of America in connection with its merger with Ryerson, repaying all outstanding principal, interest, and fees without penalty. The company believes this early termination, which occurred on February 13, 2026, will streamline its capital structure under Ryerson. The original agreement was dated December 8, 2017.
Olympic Steel Announced Transfer or Voluntary Withdrawal of Listing
Olympic Steel (ZEUS) announced on February 13, 2026, its request to Nasdaq for the suspension of trading and withdrawal of its listing following a merger. The company also intends to file a Form 25 to delist its common stock and a Form 15 to suspend SEC reporting obligations. This action was taken in connection with the consummation of its merger.
Ryerson and Olympic Steel Announce Successful Closing of Merger
Ryerson Holding Corporation and Olympic Steel, Inc. have announced the successful closing of their merger, creating an enhanced presence for Ryerson as the second-largest North American metals service center. The combined entity anticipates generating approximately $120 million in annual synergies by early 2028 through various operational improvements. Following the merger, former Olympic Steel CEO Richard T. Marabito will serve as Ryerson's President and Chief Operating Officer, and the combined company will trade on the NYSE as "RYZ" starting February 24th.
Shareholders OK Ryerson, Olympic deal
Shareholders of Ryerson Holding Corp. and Olympic Steel have approved their proposed merger and the issuance of Ryerson stock. This deal, expected to close on Friday, February 13, will create the second-largest metals service center in North America with over $6.5 billion in annual revenue. Following the merger, Ryerson CEO Eddie Lehner will retain his position, while Olympic's CEO, Rick Marabito, will become president and COO.
Olympic promotes Grussing to VP of fabrication
Olympic Steel has appointed Matthew Grussing as vice president – fabrication. Grussing, who joined the company in 2010, will now be responsible for the fabrication strategy across Olympic's operations. This promotion aims to strengthen Olympic Steel's focus on high-margin, value-added fabrication to ensure more stable performance across market cycles.
Ryerson Holding Corporation Stockholders and Olympic Steel, Inc. Shareholders Approve Proposals Related to Pending Transaction
Ryerson Holding Corporation and Olympic Steel, Inc. announced that their respective stockholders and shareholders have approved the merger and the related issuance of Ryerson stock. The merger is expected to close on February 13, 2026, after which Olympic Steel shares will cease trading and will no longer be listed on NASDAQ. Olympic Steel shareholders will receive 1.7105 shares of Ryerson common stock for each share of Olympic Steel common stock.
Olympic Steel Names Matthew Grussing Vice President of Fabrication
Olympic Steel Inc. has appointed Matthew Grussing as Vice President of Fabrication, where he will oversee the company's fabrication strategy, commercial presence, operational standardization, and technology adoption. Grussing, who joined Olympic Steel in 2010, has held several senior commercial roles, most recently Director – Fabrication. This appointment is expected to drive the company's growth in higher-margin, value-added fabrication and manufacturing, contributing to more stable performance.
Olympic Steel promotes Matthew Grussing to VP of fabrication
Olympic Steel Inc. has announced the promotion of Matthew Grussing to Vice President of Fabrication. In his new role, Grussing will be responsible for overseeing the company's fabrication strategy, enhancing its commercial presence, standardizing operations, and implementing new technologies. Grussing has been with Olympic Steel since 2010, holding various senior commercial positions.
Olympic Steel Names Matthew Grussing Vice President of Fabrication
Olympic Steel Inc. (Nasdaq: ZEUS) has announced the appointment of Matthew Grussing as Vice President – Fabrication. In this role, Grussing will oversee the execution of the company's fabrication strategy, focusing on strengthening commercial presence, advancing operational standardization, and driving new technology adoption. He has been with Olympic Steel since 2010, holding various senior commercial positions.
From sales rep to VP: Matthew Grussing to lead Olympic Steel’s fabrication push
Olympic Steel Inc. (Nasdaq: ZEUS) has appointed Matthew Grussing as Vice President – Fabrication. He will be responsible for executing the company's fabrication strategy, enhancing commercial presence, standardizing operations, and integrating new technologies. Grussing, who joined Olympic Steel in 2010, brings over 16 years of experience to this key leadership role, aiming to strengthen the company's growth in value-added fabrication.
Olympic Steel provides supplemental merger disclosures amid shareholder actions By Investing.com
Olympic Steel (NASDAQ:ZEUS) has issued supplemental disclosures for its merger with Ryerson Holding Corporation following shareholder demand letters and lawsuits questioning prior disclosures. The company asserts these claims are without merit but is providing additional information voluntarily to avoid litigation and delays. The supplemental disclosures include detailed financial analyses and analyst price targets, and shareholders are scheduled to vote on the merger on February 12, 2026.
Olympic Steel provides supplemental merger disclosures amid shareholder actions By Investing.com
Olympic Steel Inc. has issued supplemental disclosures for its pending merger with Ryerson Holding Corporation after receiving shareholder demand letters and lawsuits questioning previous disclosures. Both companies deny the allegations but are providing additional information voluntarily to avoid litigation and potential merger delays. The supplemental disclosures include expanded financial analyses and shareholders are set to vote on the merger on February 12, 2026.
Olympic Steel provides supplemental merger disclosures amid shareholder actions
Olympic Steel Inc. has issued supplemental disclosures concerning its merger with Ryerson Holding Corporation after receiving shareholder demand letters and lawsuits questioning prior disclosures. Both companies deny the allegations of inadequate disclosures but are providing additional information voluntarily to prevent litigation and merger delays. Shareholders are set to vote on the merger on February 12, 2026.
Olympic Steel Inc - Two Complaints Filed In NY Supreme Court Against Olympic Steel
Two complaints have been filed against Olympic Steel Inc. in the New York Supreme Court. The article, sourced from Reuters, provides no further details on the nature of these complaints.
Olympic Steel and Ryerson Merger Developments
Olympic Steel (ZEUS) announced updates regarding its merger with Ryerson Holding Corporation, where Olympic Steel will become a wholly-owned subsidiary of Ryerson. Shareholder actions have challenged the adequacy of merger disclosures, which both companies deny but plan to address with supplemental disclosures. A special shareholder meeting is scheduled for February 12, 2026, to vote on the merger.
Short Interest in Olympic Steel, Inc. (NASDAQ:ZEUS) Declines By 20.5%
Short interest in Olympic Steel, Inc. (NASDAQ:ZEUS) decreased by 20.5% as of January 15th, totaling 277,644 shares, which represents about 2.9% of the stock. Following this, Weiss Ratings upgraded ZEUS from a "sell" to a "hold" rating. Additionally, the company's COO sold 4,500 shares in December, though insiders collectively own 13.8% and institutions own 87.07% of the stock.
(ZEUS) Price Dynamics and Execution-Aware Positioning
This article provides an in-depth stock analysis for Olympic Steel Inc. (NASDAQ: ZEUS), highlighting strong sentiment across all horizons supporting an overweight bias. It outlines three AI-generated institutional trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop loss points. The analysis also includes multi-timeframe signal analysis, identifying support and resistance levels for near-term, mid-term, and long-term horizons.
Olympic Steel Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olympic Steel, Inc. - ZEUS
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Olympic Steel, Inc. (NasdaqGS: ZEUS) to Ryerson Holding Corporation (NYSE: RYI). KSF is concerned the transaction, where Olympic Steel shareholders receive 1.7105 Ryerson shares per Olympic Steel share, may undervalue Olympic Steel. The firm is inviting shareholders to contact them to discuss their legal rights regarding the proposed sale.
(ZEUS) as a Liquidity Pulse for Institutional Tactics
This article provides an AI-driven analysis of Olympic Steel Inc. (NASDAQ: ZEUS), highlighting strong sentiment across all horizons but also elevated downside risk. It outlines three distinct institutional trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The piece also details multi-timeframe signal analysis, including support and resistance levels, to assist institutional investors.
Olympic Steel (NASDAQ:ZEUS) Hits New 1-Year High - Here's What Happened
Olympic Steel (NASDAQ:ZEUS) recently achieved a new 52-week high, trading at $45.49, despite reporting mixed quarterly results with EPS missing estimates while revenue surpassed expectations. The company maintains a "Hold" consensus rating from analysts with a $38 price target, and pays a quarterly dividend of $0.16. Insider activity showed the COO selling 4,500 shares, while institutional ownership stands high at 87.07%.
Olympic Steel president and COO Greiff sells $280k in stock
Andrew S. Greiff, President and COO of Olympic Steel Inc (NASDAQ:ZEUS), sold a total of 7,500 shares of common stock across two transactions for a total of $280,290. These sales occurred on September 10, 2025, and December 8, 2025, reducing his direct ownership to 12,018 shares. This insider trading news follows the company's Q3 2025 earnings, which exceeded analyst expectations despite a subsequent decline in stock price.
Olympic Steel president and COO Greiff sells $280k in stock
Andrew S. Greiff, President and COO of Olympic Steel Inc (NASDAQ:ZEUS), sold a total of 7,500 shares of common stock across two transactions, totaling $280,290. The sales occurred on September 10, 2025, and December 8, 2025, reducing his direct ownership to 12,018 shares. Despite these insider sales, Olympic Steel reported strong Q3 2025 earnings, exceeding analyst expectations for both EPS and revenue.
Top Olympic Steel Executive Quietly Unloads a Chunk of Company Shares
Olympic Steel's President and COO, Andrew S. Greiff, sold 7,500 shares of the company's stock for $280,290 on December 31, 2025. This insider activity comes amid significant corporate events for Olympic Steel, including a definitive merger agreement with Ryerson Holding. TipRanks' AI Analyst, Spark, rates ZEUS as Neutral, citing stable financials but potential overvaluation and overbought technical conditions.
Olympic Steel president and COO Greiff sells $280k in stock By Investing.com
Andrew S. Greiff, President and COO of Olympic Steel Inc (NASDAQ:ZEUS), sold a total of 7,500 shares of common stock across two transactions for approximately $280,290. These sales occurred on September 10, 2025, and December 8, 2025, leaving him with 12,018 shares directly owned. This news follows Olympic Steel's strong Q3 2025 earnings, which beat analyst expectations for both EPS and revenue, though the stock declined in aftermarket trading.
Olympic Steel Insider Sold Shares Worth $280,290, According to a Recent SEC Filing
An insider at Olympic Steel (ZEUS) reportedly sold shares valued at $280,290, as detailed in a recent SEC filing. The company is a metals service center providing processing and distribution services for various metals. This transaction was disclosed on December 31, 2025, according to an MT Newswires report.
Presidente e COO da Olympic Steel, Greiff, vende US$ 280 mil em ações
Andrew S. Greiff, Presidente e COO da Olympic Steel Inc (NASDAQ:ZEUS), vendeu um total de 7.500 ações ordinárias em duas transações separadas, totalizando US$ 280.290. As vendas ocorreram em 10 de setembro de 2025 e 8 de dezembro de 2025. Esses desenvolvimentos fornecem aos investidores informações importantes sobre as atividades financeiras recentes da Olympic Steel, apesar de um relatório positivo de ganhos no terceiro trimestre de 2025.
Insider Buying: Peter Scott Acquires Shares of Olympic Steel Inc (ZEUS)
Peter Scott, a Director at Olympic Steel Inc (ZEUS), recently purchased 5,030 shares of the company, bringing his total ownership to 5,030 shares. This transaction signals a positive insider buying trend for the company, as there have been no insider sells in the past year. Despite the stock trading at $39.89, suggesting it is modestly overvalued according to its GF Value of $36.08, the insider activity could indicate confidence in future performance.
Toys for Tots on Thursday, Dec. 4 at 10 p.m.
KARE 11 announced a Toys for Tots event scheduled for Thursday, December 4th, at 10 p.m. The event, supported by Olympic Steel, Inc. and Trinity Exteriors, aims to collect toys for children in need. Viewers are encouraged to download the KARE 11 app to stream the event on their phones.
Ryerson and Olympic Steel announce merger agreement
Ryerson Holding Corp. and Olympic Steel Inc. have announced a definitive agreement to merge. The combined company will see Michael D. Siegal as chairman of the board, Eddie Lehner as CEO, and Richard T. Marabito as president/COO. This merger brings together two significant players in the industrial metals processing and distribution sector.
Olympic Steel Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olympic Steel, Inc. - ZEUS
Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., is investigating the proposed sale of Olympic Steel, Inc. (NasdaqGS: ZEUS) to Ryerson Holding Corporation (NYSE: RYI). The firm is assessing whether the consideration of 1.7105 Ryerson shares per Olympic Steel share adequately values the company and is encouraging affected shareholders to contact them to discuss their legal rights. This investigation focuses on ensuring fair value and process for Olympic Steel shareholders.
Olympic Steel Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olympic Steel, Inc. - ZEUS
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Olympic Steel, Inc. (NasdaqGS: ZEUS) to Ryerson Holding Corporation (NYSE: RYI). The investigation aims to determine if the offered consideration of 1.7105 Ryerson shares per Olympic Steel share adequately values the company and if the sales process was fair. Shareholders believing the transaction undervalues Olympic Steel are encouraged to contact KSF.
Shareholder Alert: The Ademi Firm investigates whether Olympic Steel Inc. is obtaining a Fair Price for its Public Shareholders
The Ademi Firm is investigating Olympic Steel (NASDAQ: ZEUS) for potential breaches of fiduciary duty and other legal violations related to its transaction with Ryerson. Shareholders of Olympic Steel are set to receive 1.7105 Ryerson shares for each of their Olympic Steel shares, resulting in approximately 37% ownership of the merged entity. The investigation focuses on whether the Olympic Steel board of directors upheld their fiduciary duties to all shareholders, especially given the significant penalty for accepting a competing bid.
Ryerson and Olympic Steel Announce Merger Agreement
Ryerson Holding Corporation and Olympic Steel, Inc. have announced a definitive merger agreement to create the second-largest North American metals service center. The transaction is expected to generate $120 million in annual synergies and be immediately accretive to shareholders. The deal is anticipated to close in the first quarter of 2026, pending regulatory and shareholder approvals.
Olympic Steel Reports Third-Quarter 2025 Results
Olympic Steel, Inc. released its third-quarter 2025 financial results, reporting a net income of $2.2 million and sales of $491 million, a 4.5% increase year-over-year. The company also announced a definitive merger agreement with Ryerson Holding Corporation, anticipated to close in the first quarter of 2026. CEO Richard T. Marabito highlighted strong performance in the Specialty Metals Segment, emphasizing the company's diversified business model and focus on higher-margin opportunities despite economic uncertainties.
Olympic Steel Welcomes Larry N. Norred, Jr. as General Manager for Its Georgia Operations
Olympic Steel Inc. has announced the appointment of Larry N. Norred, Jr. as the General Manager for its Buford and Winder facilities in Georgia. Norred brings over 30 years of leadership experience in the steel industry, including previous roles at KGS Steel, Inc., Service Steel and Pipe, Inc., and Astralloy Steel Products, Inc. He will oversee daily operations, commercial strategy, and overall performance, reporting to David J. Gea, President – Carbon Flat Rolled.
Olympic Steel, Inc.'s (NASDAQ:ZEUS) Share Price Matching Investor Opinion
Olympic Steel, Inc. (NASDAQ:ZEUS) currently has a P/E ratio of 21.2x, which is higher than nearly half of U.S. companies, despite its recent decline in earnings. Analysts, however, anticipate a 31% increase in EPS for the coming year, significantly outperforming the broader market's 15% forecast. This optimistic outlook for future earnings growth appears to be a key factor supporting its current P/E ratio, suggesting investors believe the company's past poor performance will reverse.
