Strong Sequential Volume Growth
Ryerson's first quarter sales volume of 500,000 tons was approximately 12% higher quarter-over-quarter, with a nearly 14% increase in North American shipments, outperforming the industry by 3 percentage points.
Improved Adjusted EBITDA
Ryerson achieved adjusted EBITDA excluding LIFO of $32.8 million in the first quarter of 2025, compared to $10.3 million in the prior quarter, due to better-than-anticipated margins and effective operating cost controls.
Significant CapEx Investments
Invested $8 million in capital expenditures during the first quarter, including advancements in the Shelbyville, Kentucky facility, expected to improve productivity and service enhancements.
Increased Global Liquidity
Global liquidity increased to $490 million in the first quarter from $451 million in the fourth quarter, driven by higher receivables.