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Olympic Steel's CEO Discusses Q1 2011 Results - Earnings Call Transcript

Olympic Steel Inc. ( ZEUS)

Q1 2011 Earnings Call

May 6, 2011 10:00 am ET

Executives

Michael Siegal - Chairman and CEO

Rick Marabito - CFO

David Wolfort - President and COO

Analysts

Tim Hayes - Davenport & Company

Sandeep SM - Goldman Sachs

Mark Parr - KeyBanc

Richard Garchitorena - Credit Suisse

Aldo Mazzaferro - Burke & Quick Partners

Presentation

Operator

Good day ladies and gentlemen, and welcome to the Olympic Steel Inc., First Quarter 20111 Earnings Results Conference Call. At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions) As a reminder, today’s conference call is being recorded.

I’d now like to turn the conference over to your host Mr. Michael Siegal, Chairman and CEO. Please go ahead.

Michael Siegal

Thank you, Eli. Good morning and welcome to our call. On the call with me this morning is David Wolfort, our President and Chief Operating Officer, and Rick Marabito, our Chief Financial Officer. I want to thank all of you for your participation and again, for your interest in Olympic Steel.

Before we begin our discussion, I want to remind you that during this call we will provide forward-looking statements, that we do not undertake to update or that may not reflect actual results, changes in assumptions or charges in other factors affecting such forward-looking statements, important assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those set forth in the forward-looking statements can be found in our filings with the Securities and Exchange Commission including our 2011 first quarter Form 10-Q, which will be filed later today.

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