Olympic Steel was founded in 1954 by Sol Siegal and Sam Siegel. Our business was focused on warehousing and distribution of steel from a single facility with no major processing equipment. Today, our enterprise has an enormously wider range, focused on growth, geographic and customer diversity and the value-added processing of flat-rolled metals.
Headquartered in Cleveland, Ohio, our company operates strategically positioned production facilities that effectively serve customers in most metal intensive industries. By being attentive to the principles of good business, we have succeeded in helping customers effectively compete in today’s marketplace. In fact, a significant portion of Olympic Steel’s business comes from established customers. Customers that know and trust us for service, quality and comprehensive solutions.
1924 – 2013
While our company has grown and evolved significantly, one thing hasn’t changed. Olympic Steel has stayed true to our founders’ original vision of developing long-lasting relationships with our employees, our suppliers and our customers.
On May 23, 2013, we mourned the passing of our founder, Sol Siegal. Olympic Steel will continue to honor Mr. Siegal as a visionary leader and dedicated philanthropist by maintaining and expanding upon the high standards of business excellence and social responsibility that he embodied throughout his life.
Bedford Heights, OH
Southeastern Sales Office
Michael Siegal is named president
Philadelphia Sales Office
Viking Steel Company
and Eastern Steel & Metal
Initial Public Stock Offering
Secondary Public Stock Offering
Southeastern Metal Processing
JNT Precision Machining
Siler City, NC
Achieve $1B in Sales
Chambersburg, PA and Dover, OH
Gary, IN, Mount Sterling, KY, and Monterrey Mexico
Third Temper Mill Commissioned
Latrobe, PA and St. Paul, MN
Market share of stainless steel eclipses 5% of U.S. market
Consolidated revenue surpasses $1.4B and sets a new company record
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