Ryerson Holding’s cost of sales rose by 0.7% year over year in 2025, reflecting higher input material and logistical expenses that have begun to pressure gross margins. Incremental spikes in transportation rates and raw-material costs contributed to this upward shift in production expenses.

Warehousing, delivery and selling, general and administrative expenses grew 1% year over year in 2025, tightening operating profit. Management is evaluating pricing adjustments and operational efficiencies to defend margins as expense inflation persists.