Ryerson Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net sales of $777.2 million compared to $1,420.9 million for the same period last year. Operating profit was $31.5 million compared to $20.6 million for the same period last year. Income before income taxes was $6.7 million compared to loss before income taxes of $4.7 million for the same period last year. Net loss attributable to the company was $7.8 million compared to $2.5 million for the same period last year. Cash flow used in operating activities was $51.6 million compared to cash from operating activities of $24.5 million for the same period last year. Capital expenditures were $3.8 million compared to $7.7 million for the same period last year. EBITDA was $39 million compared to $33.0 million for the same period last year. For the nine months, the company reported net sales of $2,325.0 million compared to $4,236.9 million for the same period last year. Operating profit was $4.9 million compared to $90.9 million for the same period last year. Loss before income taxes was $58.1 million compared to income before income taxes of $13.3 million for the same period last year. Net loss attributable to the company was $142.1 million compared to $8.9 million for the same period last year. Cash flow from operating activities was $302.5 million compared to cash used in operating activities of $6.6 million for the same period last year. Capital expenditures were $16.8 million compared to $20.3 million for the same period last year.

Ryerson Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported an operating loss of $32.6 million, loss before income taxes of $55.3 million, net loss of $130.5 million and net loss attributable to the company of $130.0 million on the net sales of $743.1 million against the operating profit of $27.4 million, profit before income taxes of $3.7 million, net income of $2.2 million and net income attributable to the company of $2.2 million on the net sales of $1,445.7 million for the same period a year ago. Cash flow from operating activities was $159.3 million against the cash used in operating activities of $21.5 million for the same period a year ago. Capital expenditures were $5.6 million against the $6.6 million for the same period a year ago. For the six months, the company reported an operating loss of $26.6 million, loss before income taxes of $64.8 million, net loss of $136.8 million and net loss attributable to the company of $134.3 million on the net sales of $1,547.8 million against the operating profit of $70.3 million, profit before income taxes of $18.0 million, net income of $11.4 million and net income attributable to the company of $11.4 million on the net sales of $2,816.0 million for the same period a year ago. Cash flow from operating activities was $354.1 million against the cash used in operating activities of $31.1 million for the same period a year ago. Capital expenditures were $13.0 million against the $12.6 million for the same period a year ago.

Ryerson Inc. reported earnings results for the first quarter of 2009. The company reported net loss attributable to Ryerson Inc. of $4.3 million, total net loss of $6.3 million and loss before income tax of $9.5 million, operating profit of $6 million and EBITDA of $20 million on net sales of $804.7 million compared to net income attributable to Ryerson Inc. of $9.2 million, total net income of $9.2 million and income before income tax of $14.3 million, operating profit of $42.9 million and EBITDA of $53.8 million on net sales of $1,370.3 million for the same period a year ago. Net cash flows provided by operating activities was $194.8 million compared to net cash flows used in operating activities of $9.6 million in the previous year period. Capital expenditure was $7.4 million compared to capital expenditure of $6.0 million in the previous year quarter.