Olympic Steel
Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. Headquartered in Cleveland, Ohio, Olympic Steel operates from 34 facilities in North America.
Latest News
Olympic Steel Promotes Andrew Markowitz to Vice President Sales and Marketing—Specialty Metals
15 August 2014 - Olympic Steel Inc., a leading national metals service center, announced the promotion of Andrew Markowitz to the newly created position of vice president sales and marketing—specialty metals. Additionally, Jerrold Gideon has been promoted to general manager—Integrity Stainless.
Olympic Steel Reports Record Net Sales
08 August 2014 - Olympic Steel, Inc., a national metals service center, announced financial results for the second quarter and six months ended 30 June 2014.
Olympic Steel Gives Favorable Outlook for Remainder of the Year
01 May 2014 - Olympic Steel Inc., a national metals service center, announced financial results for the first quarter ended 31 March 2014.
Olympic Steel Names Vice President, Sales and Marketing – Flat Rolled
15 April 2014 - Olympic Steel Inc. announced the promotion of Stephen Reyes to vice president, sales and marketing – Flat Rolled.
Olympic Steel Reports 2013 Third-Quarter Results
31 October 2013 - Olympic Steel, Inc., a national metals service center, announced financial results for the third quarter and nine months ended 30 September 2013, noting market driven lower steel prices and shipments.
Olympic Steel's Richard Marabito Tapped as "CFO of the Year" by Crain's Cleveland Business
28 October 2013 - Olympic Steel, Inc., a national metals service center, announced Richard T. Marabito was selected as the 2013 CFO of the Year in the medium-size public company category by Crain's Cleveland Business.
Olympic Steel Names Director of Operational Excellence, Announces Promotions
22 October 2013 - Olympic Steel Inc., a leading national metals service center, announced John Howard has been named to the newly created position of director, operational excellence.
Olympic Steel Announces Management Promotions to Support Strategic Growth
01 October 2013 - Olympic Steel, Inc., a leading national metals service center, announced several management promotions to support the company's strategic growth.
Olympic Steel Nets US$2.5 Million in Second Quarter 2013
13 August 2013 - As it announced financial results for the second quarter and six months ended 30 June 2013, U.S. service center chain Olympic Steel said the first half of 2013 was characterized by lower sales volume and average selling prices compared with last year.
Olympic Steel Announces Passing of Founder and Chairman Emeritus Sol Siegal
03 June 2013 - Olympic Steel, Inc., a leading national metals service center, announced founder and chairman emeritus Sol Siegal passed away on 23 May 2013.
Olympic Steel Reports 2012 Fourth Quarter and Full Year Results
21 February 2013 - Olympic Steel said 2012 ended with a disappointing quarter as steel demand and pricing declined in tandem with mounting political and fiscal uncertainty masking much of the company's operational headway.
Olympic Steel Announces Management Promotions
02 January 2013 - Olympic Steel, Inc., a national metals service center, announced several executive and operating management changes to support the company's strategic growth initiatives in 2013 and beyond.
Olympic Steel Named 2012 Pillar Award Recipient for Community Service
27 December 2012 - Olympic Steel, Inc., a national metals service center, announced it received a Medical Mutual 2012 Pillar Award for Community Service. The company was named one of 10 honorees.
Olympic Steel to Expand Operations in Pennsylvania
27 September 2012 - Pennsylvania Governor Tom Corbett announced that Olympic Steel Inc. will expand its steel processing facility in Franklin County, creating at least 90 new manufacturing jobs.
Olympic Steel Reports 2012 Second Quarter Financial Results
09 August 2012 - Olympic Steel, Inc., a national metals service center, announced its financial results for the second quarter and six months ended 30 June 2012; second quarter sales increased 23% while net income fell 43% year-on-year.
2012 Awards for Steel Excellence Winners Announced
22 June 2012 - American Metal Market (AMM) recently announced the winners of this year's Awards for Steel Excellence.
Olympic Steel Reports 4th Quarter, Annual Financial Results
24 February 2012 - Olympic Steel, Inc. reported that net sales for the fourth quarter of 2011 totaled $319.9 million, its highest ever for a fourth quarter. Net sales for the year totaled $1.26 billion, a record annual revenue total and an increase of 56.7% from $805 million in 2010.
Olympic Steel Reports Record Third Quarter Net Sales
09 November 2011 - Olympic Steel, Inc. reported net income of $6.1 million on record net sales of $348.5 million for the third quarter, and net income of $24.4 million on net sales of $941.9 million for the nine months ended September 30, 2011.
Olympic Steel Announces Management Changes
03 August 2011 - Olympic Steel, Inc. announced a series of management changes, beginning with the promotion of Andrew S. Greiff to the newly formed position of President of Specialty Metals.
Olympic Steel to Acquire Chicago Tube and Iron
19 May 2011 - Olympic Steel, Inc. has entered into a merger agreement to acquire the outstanding common shares of Chicago Tube and Iron Company, making the company a wholly-owned subsidiary of Olympic.
