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Ryerson Hldg Corp - RYI STOCK NEWS

Welcome to our dedicated page for Ryerson Hldg news (Ticker: RYI), a resource for investors and traders seeking the latest updates and insights on Ryerson Hldg stock.

Company Overview

Ryerson Holding Corp (RYI) is a seasoned industrial metals service center and value-added processor that specializes in the distribution, processing, and supply of critical metal products. As a company with roots going back to 1842, Ryerson has evolved into a trusted entity in the industrial metals sector, offering comprehensive processing solutions and a full line of products including stainless steel, aluminum, carbon steel, and alloy steels. With established operations in the United States, Canada, Mexico, and China, the company leverages its extensive network to serve a wide spectrum of customers, from small independent fabricators and machine shops to large-scale international original equipment manufacturers.

Business Model and Operations

At its core, Ryerson generates the bulk of its revenue through the sale of processed metal products. The company operates a sophisticated network of service centers strategically located across key manufacturing regions, ensuring high service levels and operational efficiency. Its value-added processes include precision cutting, slitting, and other customized fabrication services that allow customers to receive metal products tailored to their specific requirements. This integrated operations model not only streamlines supply chains but also positions Ryerson to meet diverse market demands with reliability and quality.

Market Position and Competitive Landscape

Ryerson has established itself within a competitive and cyclical metals industry through robust processing capabilities and extensive geographic reach. Its competitive advantage stems from a combination of decades of operational expertise, advanced processing technologies, and an in-depth understanding of market dynamics. The company navigates complex market conditions by optimizing its service center network, managing inventory efficiently through systems like LIFO adjustments, and continuously refining its value-added services. These practices help Ryerson maintain its market significance even amidst fluctuating commodity prices and variable industrial demand.

Industry Expertise and Value Proposition

With more than a century of experience, Ryerson demonstrates unparalleled expertise in the metals distribution and processing arena. Its long history and sustained operational excellence underscore its commitment to quality, safety, and customer satisfaction. The company not only processes and distributes a wide range of metal products, but also plays a crucial role in supporting the manufacturing sector by providing materials that are essential for fabrication and production. This unique blend of industry expertise and operational versatility reinforces the company’s reputation as a dependable partner in the global metals supply chain.

Key Operational Highlights

  • Global Reach: Operations spanning North America and China with a vast network of service centers designed to efficiently distribute and process metals.
  • Value-Added Processing: Extensive services including cutting, slitting, and custom fabrication that enhance the end usability of metal products.
  • Customer Diversity: Serves a broad range of customers, from local fabricators to international OEMs, ensuring a diversified revenue base.
  • Operational Efficiency: A strong focus on optimizing inventory and supply chain processes, underpinned by advanced ERP systems and modernized service centers.

Commitment to Quality and Reliability

Ryerson’s operational strategy is built on a foundation of quality, reliability, and technical proficiency. By continuously investing in modern technology and process improvements, the company ensures consistent product quality and exceptional service delivery. Its comprehensive approach to managing production, distribution, and value-added services makes it a well-regarded player in the global metals marketplace.

Understanding the Metals Industry

Operating within the cyclical and competitive metals industry, Ryerson is no stranger to challenges such as fluctuating commodity prices and varying industrial demand. Nonetheless, its strategic investments in technology, system integration, and operational optimization have enabled it to maintain resilience. The company’s detailed operational reports and investor communications further demonstrate its commitment to transparency and efficiency, ensuring stakeholders are well-informed about the intricacies of its business model.

Conclusion

In summary, Ryerson Holding Corp stands as an enduring and technically adept operator in the industrial metals arena. Its blend of traditional service center expertise with innovative value-added processing positions the company as a fundamental component of the global metals supply chain. Whether viewed from the perspective of operational performance or market positioning, Ryerson offers a comprehensive insight into the dynamics of industrial metals processing and distribution.

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Ryerson Holding Corporation (RYI) reported strong financial results for Q4 and full year 2023, with acquisitions and dividend increase. Despite revenue decline and decreased earnings, the company maintained a healthy net leverage ratio and continued investment in growth initiatives.
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Ryerson Holding Corporation (RYI) will host a conference call to discuss fourth quarter and full-year 2023 financial results on February 22, 2024. The company, a leading value-added processor and distributor of industrial metals, will report earnings after the market close on February 21, 2024. Ryerson has operations in the United States, Canada, Mexico, and China, with around 4,600 employees in 114 locations.
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Ryerson Holding Corporation (NYSE: RYI) acquires Hudson Tool Steel Corporation, a leading supplier of tool steels and high-speed, carbon, and alloy steels. The acquisition aims to expand Ryerson's tool steel business and better serve customers across its network.
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Ryerson Holding Corporation has acquired TSA Processing, a stainless steel and aluminum coil and sheet processor with six locations across the Midwest and Southern United States. TSA will continue to operate under its current leadership and provide toll-processing capabilities. This acquisition strengthens Ryerson's value-added services and expands its network of service centers.
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Ryerson Holding Corporation (NYSE: RYI) reported strong Q3 2023 results, including net income of $35.0 million, adjusted EBITDA of $45.0 million, and revenue of $1.25 billion. The company achieved a 1.4% increase in the quarterly dividend and maintained a net leverage ratio of 1.4x. They also acquired Norlen Incorporated and announced a Q4 2023 dividend of $0.1850 per share.
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Ryerson Holding Corporation acquires Norlen Incorporated, a metal fabricator, to expand its value-added business. The acquisition will strengthen Ryerson's network of service centers and provide greater in-house fabrication offerings for customers.
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Ryerson Holding Corporation will host an earnings call on October 31st to discuss third quarter 2023 financial results.
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FreeFORM acquires the world's largest fleet of Desktop Metal binder jet 3D printers, including 25 DM printers, offering additive manufacturing of various metals. Strategic partnership with Ryerson Holding Corporation. FreeFORM now 3D prints production jobs for global customers. Capabilities to be showcased at Fabtech event. Positive outlook for cost efficiency and speed to market.
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Ryerson Holding Corporation announces investor conference participation schedule for 2nd half of 2023
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FAQ

What is the current stock price of Ryerson Hldg (RYI)?

The current stock price of Ryerson Hldg (RYI) is $21.54 as of April 7, 2025.

What is the market cap of Ryerson Hldg (RYI)?

The market cap of Ryerson Hldg (RYI) is approximately 703.9M.

What is the core business of Ryerson Holding Corp?

Ryerson specializes in the value-added processing and distribution of industrial metals, including stainless steel, aluminum, carbon steel, and alloy steels.

In which regions does Ryerson operate?

The company operates across the United States, Canada, Mexico, and China, maintaining a wide network of service centers.

What types of customers does Ryerson serve?

Ryerson serves a diverse customer base, ranging from small, independently owned fabricators and machine shops to large international original equipment manufacturers.

What value-added services does Ryerson provide?

The company offers precision cutting, slitting, and various bespoke fabrication services to tailor metal products to its customers' needs.

How does Ryerson maintain operational efficiency?

Ryerson invests in modern technological systems, ERP integration, and optimized inventory management practices to enhance efficiency and reduce overall costs.

How has Ryerson established its market position?

Through decades of experience, a comprehensive service center network, and continuous operational improvements, Ryerson has created a strong presence in the industrial metals market.

What role does Ryerson play in the metals supply chain?

Ryerson is a key link in the metals supply chain, processing and distributing essential raw materials that support the manufacturing and fabrication industries.
Ryerson Hldg Corp

NYSE:RYI

RYI Rankings

RYI Stock Data

703.88M
26.41M
4.28%
97.35%
3.05%
Metal Fabrication
Wholesale-metals Service Centers & Offices
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United States
CHICAGO