Ryerson Guidance Signals Metals Volatility
Metals supplier Ryerson has released its Q4 2025 earnings guidance, highlighting continued volatility in both demand and price realization. The outlook for the metals sector is being affected by trade policy uncertainty and global commodity fluctuations. This guidance suggests downstream manufacturers may face unpredictable input costs in the coming months.
- Following a net loss of $37.9 million for Q4 2025, Ryerson is forecasting a significant rebound in the first quarter of 2026, with projected revenues of $1.26 billion to $1.3 billion and a 13-15% increase in shipments. This outlook follows the company's transformative merger with Olympic Steel, which created the second-largest metals service center in North America and is projected to yield $120 million in annual synergies. - Escalating
