About Olympic Steel | History, Timeline, and Vision

Founded in 1954 by Sol Siegal and Sam Sigel, Olympic Steel began as a steel warehousing and distribution business operating from a single facility with no major processing equipment. Today, the Company operates a much broader enterprise, with a focus on growth, geographic and customer diversity, and the value-added processing and fabrication of flat-rolled metals and pipe and tube.

Headquartered in Cleveland, Ohio, Olympic Steel operates strategically positioned facilities that serve customers in most metal-intensive industries. By remaining attentive to the principles of good business, the Company has succeeded in helping customers compete effectively in today’s marketplace. A significant portion of Olympic Steel’s business comes from organic growth with existing customers who know and trust the Company for service, quality and comprehensive solutions.

Today, Olympic Steel is a leading U.S. metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate and coil steel products; stainless steel sheet, plate, bar and coil; aluminum sheet, plate and coil; and pipe, tube, bar, valves and fittings. The Company also manufactures a range of metal-intensive end-use products, including water treatment systems, stainless steel bollards, commercial, residential and industrial venting and air filtration systems, Wright® brand self-dumping hoppers, and metal canopy components.

In 2026, Olympic Steel expanded its scale and capabilities through its merger with Ryerson, bringing together two established industry leaders with shared values and a common focus on customer success. The combination strengthens the Company’s ability to serve customers through expanded capabilities, increased geographic reach and a continued emphasis on service and quality.

Sol Siegal (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 one of our founders, 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.

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History

Sol Siegal (1924 – 2013)

Timeline