Ryerson Completes Merger with Olympic Steel, Boosting Market Position

Ryerson Holding Corp's stock surged by 17.03% as it crossed above the 5-day SMA, reflecting strong investor interest following the successful merger with Olympic Steel.

The merger, completed on February 13, 2026, is expected to generate approximately $120 million in annual run-rate synergies by 2028, enhancing Ryerson's market competitiveness. Despite a reported earnings miss in Q4 2025, with a non-GAAP EPS of -$1.01, the company achieved net sales of $1.104 billion, a 9.7% year-over-year increase, indicating resilience in revenue growth amid market challenges.

This merger positions Ryerson as the second-largest metals service center in North America, with anticipated improvements in profitability and operational efficiency, which could lead to enhanced shareholder value in the long term.