Olympic Steel

Olympic Steel Names George Frost Vice President - Aluminum

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星期一, 五月 13, 2024
Manufacturing, Construction & Property, Building Systems, HVAC, Other Energy, Utilities, Other Manufacturing, Steel, Energy, Machinery, Other Construction & Property, Task force, Business administration, DEI, Western Carolina University, Metals Service Center Institute, University, Bachelor of Science, ZEUS, Olympic Steel, Aluminium, Growth, MSCI, Equity, Master of Business Administration, Nursing

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of George Frost to Vice President – Aluminum.

Key Points: 
  • Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of George Frost to Vice President – Aluminum.
  • Frost will report directly to Andy Markowitz, President – Specialty Metals.
  • “George’s thorough understanding of the specialty metals market, particularly aluminum, has been an effective resource for our commercial team and our customers.
  • His extensive expertise will help us continue to increase our market share and firmly establish Olympic Steel as a preferred aluminum distributor and supplier,” said Markowitz.

Olympic Steel Reports First-Quarter 2024 Results

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星期四, 五月 2, 2024
Machinery, Other Construction & Property, Residential Building & Real Estate, HVAC, Commercial Building & Real Estate, Other Manufacturing, Construction & Property, Steel, Engineering, Urban Planning, Building Systems, Landscape, Manufacturing, Acquisition, Olympic Steel, Automation, GAAP, ZEUS

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2024.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2024.
  • The results include $0.4 million of LIFO expense in the first quarter of 2024, compared with no LIFO adjustment in the first quarter of 2023.
  • EBITDA for the first quarter of 2024 was $23.3 million, comparable to the $23.9 million earned in the first quarter of 2023.
  • “Olympic Steel delivered solid results in the first quarter, with all three segments contributing to our profitability,” said Richard T. Marabito, Chief Executive Officer.

Webcast Alert: Olympic Steel to Announce First-Quarter 2024 Financial Results After Market Closes on May 2, 2024

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星期三, 四月 3, 2024
Construction & Property, Other Manufacturing, Steel, Building Systems, Machine Tools, Metalworking & Metallurgy, Engineering, Chemicals, Plastics, Manufacturing, Webcast, Olympic Steel, ZEUS

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2024 financial results after the market closes on May 2, 2024.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2024 financial results after the market closes on May 2, 2024.
  • A webcast to discuss these results will be held on Friday, May 3, 2024 at 10:00 a.m. Eastern Time.
  • Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer.
  • If you are unable to listen to the live event, the webcast will be archived and available for replay on the company’s website.

Olympic Steel Reports Fourth-Quarter and Full-Year 2023 Results

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星期四, 二月 22, 2024
Machinery, Other Construction & Property, Residential Building & Real Estate, HVAC, Commercial Building & Real Estate, Other Manufacturing, Construction & Property, Steel, Engineering, Urban Planning, Building Systems, Landscape, Manufacturing, Carbon, Acquisition, Investment, GAAP, Olympic Steel, ZEUS, Metal, Bank

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023.
  • Adjusted EBITDA for the fourth quarter of 2023 was $16.7 million, compared with $11.9 million in the fourth quarter of 2022.
  • Sales for the fourth quarter of 2023 totaled $489 million, compared with $520 million in the fourth quarter of 2022.
  • The results include $8.3 million of LIFO pre-tax income in 2023, compared with $0.6 million of LIFO pre-tax expense in 2022.

Webcast Alert: Olympic Steel to Announce Fourth-Quarter 2023 Financial Results After Market Closes on February 22, 2024

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星期三, 一月 24, 2024
Machine Tools, Metalworking & Metallurgy, Mining, Minerals, Manufacturing, Natural Resources, Machinery, Steel, Olympic Steel, ZEUS, Webcast

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its fourth-quarter 2023 financial results after the market closes on February 22, 2024.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its fourth-quarter 2023 financial results after the market closes on February 22, 2024.
  • A webcast to discuss these results will be held on Friday, February 23, 2024 at 10:00 a.m. Eastern Time.
  • Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer.
  • If you are unable to listen to the live event, the webcast will be archived and available for replay on the company’s website.

Olympic Steel Promotes Anthony G. Dominic to Vice President of Safety, Health and Environment

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星期五, 一月 19, 2024
Natural Resources, Manufacturing, Steel, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Culligan, Metals Service Center Institute, Learning, Certification, Whirlpool Corporation, ISO, Biology, McHenry County College, University, Health, ASSP, Society, OSHA, ZEUS, Welding, NFPA, USDOT, Olympic Steel, Robotics, General Electric, Champaign–Urbana metropolitan area, Nursing

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Anthony G. Dominic to Vice President – Safety, Health and Environment (SH&E).

Key Points: 
  • Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Anthony G. Dominic to Vice President – Safety, Health and Environment (SH&E).
  • Mr. Dominic joined the Company in 2018 as Director – Safety, Health and Environment to lead the organization’s SH&E efforts.
  • In total, he has more than 33 years of SH&E expertise from his time at Olympic Steel as well as experience at Whirlpool Corporation, General Electric and Culligan International.
  • In his new role, Mr. Dominic will continue to lead the safety programs and teams across all Olympic Steel locations.

Olympic Steel Reports Third-Quarter 2023 Results

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星期四, 十一月 2, 2023
Machine Tools, Metalworking & Metallurgy, Manufacturing, Steel, ZEUS, EBITDA, Olympic Steel, GAAP, Acquisition, Van Leeuwen Pipe and Tube Group, Watford Central tube station, Automation, CARES Act, Video game, Bank

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.
  • EBITDA for the third quarter of 2023 was $27.1 million, compared with $23.8 million in the third quarter of 2022.
  • Third-quarter 2023 results include $2.0 million of LIFO pretax income and $4.0 million of pretax income from the Employee Retention Credit (under the CARES Act), compared with $1.5 million of LIFO pretax expense in the same period a year ago.
  • “Olympic Steel’s performance in a challenging third-quarter market demonstrates the benefits of our actions to deliver more consistent results in all environments,” said Richard T. Marabito, Chief Executive Officer.

Olympic Steel Welcomes George R. Frost as Director of National Sales – Aluminum

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星期一, 十月 9, 2023
Machine Tools, Metalworking & Metallurgy, Mining, Minerals, Manufacturing, Natural Resources, Machinery, Steel, ZEUS, MSCI, Equity, Metals Service Center Institute, University, Metal, Bachelor of Science, Growth, Olympic Steel, Master of Business Administration, Business administration, Western Carolina University, Science

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that George R. Frost has joined the Company in the role of Director of National Sales – Aluminum.

Key Points: 
  • Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that George R. Frost has joined the Company in the role of Director of National Sales – Aluminum.
  • Frost joins Olympic Steel with nearly two decades of metals industry experience, including several commercial and distribution roles of increasing responsibility with national mills.
  • George brings a wealth of industry, product and commercial expertise that will help fuel our continued expansion into the aluminum market,” said Andy Markowitz, President – Specialty Metals.
  • “We are excited to welcome him to the team and will count on his contributions to help execute our aluminum growth strategy.”
    Mr.

Webcast Alert: Olympic Steel to Announce Third-Quarter 2023 Financial Results After Market Closes on November 2, 2023

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星期三, 十月 4, 2023
Machine Tools, Metalworking & Metallurgy, Mining, Minerals, Manufacturing, Natural Resources, Machinery, Steel, Webcast, Olympic Steel, ZEUS, Fireworks, Broadcasting, Drug

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its third-quarter 2023 financial results after the market closes on November 2, 2023.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its third-quarter 2023 financial results after the market closes on November 2, 2023.
  • A webcast to discuss these results will be held on Friday, November 3, 2023 at 10:00 a.m. Eastern Time.
  • Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer.
  • If you are unable to listen to the live event, the webcast will be archived and available for replay on the company’s website.

Olympic Steel Acquires Central Tube & Bar

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星期一, 十月 2, 2023
Machine Tools, Metalworking & Metallurgy, Mining, Minerals, Manufacturing, Natural Resources, Machinery, Steel, Original equipment manufacturer, CTB, Watford Central tube station, Olympic Steel, ZEUS, Acquisition, Investment, Growth, Transport, Automation, Retail

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that it has acquired Central Tube & Bar (CTB).

Key Points: 
  • Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that it has acquired Central Tube & Bar (CTB).
  • The business offers a range of value-added fabrication services, including tube laser cutting, tube bending, robotic welding, flat laser burning and brake press forming.
  • The business will continue to operate as Central Tube & Bar, an Olympic Steel Company, led by Dustin Ward, President, and his experienced management team.
  • “The acquisition of Central Tube & Bar represents our latest strategic move to invest in consistently high-performing businesses.