Olympic Steel Reports Third-Quarter 2024 Results
1. Olympic Steel reported a 78% decrease in Q3 net income compared to 2023. 2. Sales fell to $470 million due to declining metal prices. 3. Debt was reduced by $12 million, enhancing financial flexibility. 4. The company maintained profitability through diversification strategies amid market challenges. 5. Quarterly dividend of $0.15 per share was approved, continuing a consistent payout.