Ryerson swings to Q3 2026 net income of $32 million from year-earlier loss

• Ryerson swung to third-quarter 2026 net income attributable to shareholders of $32 million from a year-earlier loss.
• Revenue jumped 88% year-over-year to $2.18 billion, including $602.1 million from Olympic Steel.
• Operating activities used $18.2 million in cash due to higher working capital requirements offsetting net income generation.
• Merger synergies reached a $52 million annualized run rate, exceeding the $40 million first-year target ahead of schedule.
• Fourth-quarter net income is forecast at $16 million to $20 million, with revenue of $1.96 billion to $2.04 billion.

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