Increased Sales Quote and Order Activity
Since mid-January, Ryerson reported the highest levels of sales quote and order activity since the second quarter of 2021, indicating a positive trend in demand.
Market Share Gains in 2024
Ryerson managed to gain market share, with North American volumes down 1% compared to the industry average of 3%.
Optimism for 2025
Ryerson expressed optimism for 2025, citing modernization and strategic investments expected to drive sustainable value creation.
Improved Financial Liquidity
Ryerson ended the fourth quarter with $451 million in global liquidity, allowing for continued operational flexibility.
Completion of Major Modernization Investments
Ryerson completed major modernization investments, including the expansion of the Shelbyville, Kentucky facility, enhancing productivity and value-added capabilities.