Ryerson publishes third-quarter 2026 earnings call transcript
RYI•Ryerson reported adjusted EBITDA excluding LIFO of $115 million for the third quarter, above its $88 million to $92 million guidance. It forecast fourth-quarter adjusted EBITDA excluding LIFO of $100 million to $104 million and revenue of $1.96 billion to $2.04 billion.
1. Quarterly results and outlook
Ryerson’s October 29 earnings call featured CEO Eddie Lehner, President Rick Marabito and CFO Jim Claussen. The company said fourth-quarter shipments are expected to decline 6% to 8% sequentially, reflecting fewer business days and holiday softness despite strong October orders.
2. Merger synergy target
Ryerson said synergies from its merger with Olympic Steel should reach an annualized run rate of $56 million to $60 million, toward a $120 million two-year target.
