ZEUS - Olympic Steel, Inc.
JPMorgan Chase and Co. decreased its stake in shares of Olympic Steel, Inc. (NASDAQ: ZEUS) by 52.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 73,001 shares of the basic materials company's stock after selling 81,972 shares during the quarter. JPMorgan
CHICAGO and CLEVELAND, Feb. 13, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, and Olympic Steel, Inc. (formerly NASDAQ: ZEUS), a leading U.S. metals service center, together announce that they have successfully merged as of today. Ryerson is issuing 1.7105 shares of Ryerson common stock for every share of Olympic Steel common stock, after which former shareholders of Olympic Steel will hold approximately 37% of Ryerson.
CHICAGO and CLEVELAND, Feb. 12, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, and Olympic Steel, Inc. (NASDAQ: ZEUS), a leading U.S. metals service center, announced today that the shareholders of Olympic Steel and the stockholders of Ryerson have approved the merger and the related issuance of Ryerson stock, respectively, at their respective Special Meetings. As a result, the closing of the merger is expected to occur on February 13, 2026, subject to the satisfaction of the remaining customary closing conditions.
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the appointment of Matthew Grussing to the role of Vice President – Fabrication. He will report to Andrew S. Greiff, President & Chief Operating Officer. In his new role, Mr. Grussing will oversee the execution of Olympic Steel's fabrication strategy, a core component of the Company's broader growth initiatives. His priorities will include strengthening the organization's.
Olympic Steel (ZEUS) is rated Buy, with the Ryerson (RYI) merger expected to drive long-term value despite near-term volatility. The merger targets $120 million in annual synergies, creating the second-largest U.S. metals service center and enhancing scale, efficiency, and cash flow. ZEUS's conservative capital discipline and RYI's dynamic capital returns will combine, balancing resilience and growth in a volatile steel market.
SG Americas Securities LLC purchased a new stake in shares of Olympic Steel, Inc. (NASDAQ: ZEUS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,857 shares of the basic materials company's stock, valued at approximately $361,000. SG Americas
NEW YORK and NEW ORLEANS, Jan. 16, 2026 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.