Ryerson and Olympic Steel Complete Merger, Enhance North American Metals Presence

Friday, Feb 13, 2026 4:09 pm ET1min read
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Ryerson and Olympic Steel have successfully closed their merger, creating the second-largest North American metals service center. The deal involves Ryerson issuing 1.7105 shares of its common stock for every Olympic Steel share, with former Olympic Steel shareholders owning approximately 37% of Ryerson. The merger brings a complementary footprint, capabilities, and product offerings to Ryerson's network.

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