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Olympic Steel's CEO Discusses Q2 2011 Results - Earnings Call Transcript

Olympic Steel, Inc. (ZEUS)

Q2 2011 Earnings Call

August 4, 2011 10:00 am ET

Executives

Michael Siegal - Chairman & CEO

David Wolfort - President & COO

Rick Marabito - CFO

Don McNeeley - President, Chicago Tube & Iron

Analysts

Edward Marshall - Sidoti & Company

Luke Folta - Jefferies

Mark Parr – KeyBanc

Sal Tharani - Goldman Sachs

Tim Hayes - Davenport & Company

Charles Bradford - Bradford Research

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Olympic Steel’s Second Quarter Earnings 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 would now like to turn the conference over to your host, Mr. Michael Siegal, Chairman and Chief Executive Officer. Please go ahead.

Michael Siegal

Thank you, Elle. Good morning and welcome to our call. On the call with me this morning is David Wolfort, our President and Chief Operating Officer; Rick Marabito, our Chief Financial Officer; and I have asked Don McNeeley, the President of our recently acquired Chicago Tube & Iron subsidiary to be on the call with us. I want to thank everyone for your participation and for your continued 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 changes 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 second quarter Form 10-Q, which will be filed later today.

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