Ryerson Holding Corporation (NYSE:RYI) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET

Company Participants

Pratham Dear – Manager-Investor Relations

Eddie Lehner – President and Chief Executive Officer

Mike Burbach – Chief Operating Officer

Jim Claussen – Chief Financial Officer

Molly Kannan – Chief Accounting Officer and Corporate Controller

Conference Call Participants

Katja Jancic – BMO Capital Markets

Samuel McKinney – KeyBanc Capital Markets

Alan Weber – Robotti Advisors

Operator

Good day and welcome to the Ryerson Holding Corporation’s Second Quarter 2023 Conference Call. Today’s conference is being recorded. There will be a question-and-answer session later. [Operator Instructions]

At this time, I would like to turn the conference over to Pratham Dear. Please go ahead, sir.

Pratham Dear

Good morning. Thank you for joining Ryerson Holding Corporation’s second quarter 2023 earnings call. On our call, we have Eddie Lehner, Ryerson’s President and Chief Executive Officer; Mike Burbach, our Chief Operating Officer; Jim Claussen, our Chief Financial Officer; and Molly Kannan, our Chief Accounting Officer and Corporate Controller. John Orth, our Executive Vice President of Operations; and Mike Hamilton, our Vice President of Corporate Supply Chain, will be joining us for Q&A.

Certain comments on this call contain forward-looking statements within the meaning of the federal securities laws. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These risks include but are not limited to those set forth under Risk Factors in our annual report on Form 10-K for the year ended December 31, 2022, our quarterly report on Form 10-Q for the quarter ended June 30, 2023 and in our other filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made and are not guarantees of future performance.

In addition, our remarks today refer to several non-GAAP financial measures that are intended to supplement, but not substitute for the most directly comparable GAAP measures. A reconciliation of non-GAAP measures to the most directly comparable GAAP financial measures is provided in our earnings release filed on Form 8-K yesterday, also available on the Investor Relations section of our website.

I’ll now turn the call over to Eddie.

Eddie Lehner

Thank you, Pratham, and thank you all for joining us this morning. I want to start by expressing my heartfelt thanks and appreciation to our 4,300-plus strong Ryerson team for their dedicated efforts and commitment to a safe and productive work environment that enables our mission of delivering great customer experiences throughout our network of intelligently connected industrial metals service centers.