Company
Olympic Steel, Inc.
Headquarters: Bedford Heights, OH, United States
Founded: 1954
Employees: 1,642
CEO: Mr. Richard T. Marabito
Market Cap
$464.9 Million
USD as of July 1, 2024
Olympic Steel, Inc. Categories
United States Basic Materials SteelUnited States Basic Materials United States Steel
Top Competitors by Market Capitalization
Industry: Steel
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Sector:
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Detailed Description
Olympic Steel, Inc. processes, distributes, and storage metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment sells and distributes processed aluminum and stainless flat-rolled sheets and coil products, flat bar products, and fabricated parts, as well as stainless steel and aluminum plates, sheets, angles, rounds, flat bars, tubing and pipe, and prime tin mill products. The Tubular and Pipe Products segment distributes metal tubing products, pipes, bars, valves and fittings, and fabricated pressure parts. The company also provides various processing services comprising cutting-to-length, slitting, shearing, roll forming, shape correction, surface improvement, blanking, tempering, plate burning, and stamping as well as offers value-added processing of saw cutting, laser cutting, beveling, threading, and grooving services. In addition, the company provides shot blasting, grinding, edging, and polishing; bending, drilling, milling, tapping, boring, and sawing metal; machining, welding, assembly, and painting of component parts. Further, the company process metals to specified lengths, widths, shapes, and surface. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, agriculture equipment, storage tanks, environmental and energy generation equipment, automobiles, food service, commercial appliances, and electrical equipment as well as military vehicles and equipment, general and plate fabricators, and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is based in Bedford Heights, Ohio.
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Stocks & Indices
Olympic Steel, Inc. has the following listings and related stock indices.
Stock: NASDAQ: ZEUS wb_incandescent
Stock: FSX: OYS wb_incandescent
Product & Services
Flat-rolled steelFabricated metal parts
Key People
Founder(s): Sol and Morris Siegal Sam Siegal
Richard T. Marabito, CEO Michael D. Siegal, Chairman Richard A. Manson, CFO
Financials
Revenue: $1.234 billion (2020)
Net income: -$5 million (2020)
Total assets: $640 million (2020)
Total equity: $301 million (2020)