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Olympic Steel's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Olympic Steel, Inc. (ZEUS)

Q1 2012 Earnings Call

May 3, 2012 10:00 AM ET


Michael Siegal – Chairman and CEO

Rick Marabito – CFO and Treasurer

David Wolfort – President and COO

Don McNeeley – President, Chicago Tube & Iron Division


Luke Folta – Jefferies & Company

Edward Marshall – Sidoti & Company

Mark Parr – KeyBanc

Richard Garchitorena – Credit Suisse

Sal Tharani – Goldman Sachs

Lloyd O’Carroll – Davenport Company

Aldo Mazzaferro – Macquarie

Charles Bradford – Bradford Research



Good day, ladies and gentlemen, and welcome to the Olympic Steel First Quarter 2012 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions on how to participate will be given at that time. (Operator Instructions) And as a reminder, today’s conference call is being recorded.

Now I would like to turn the program over to your host, the Chairman and CEO, Mr. Michael Siegal.

Michael Siegal

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 and Treasurer; and Dr. Don McNeeley, President of the Chicago Tube & Iron Division.

Before we begin our discussion, I want to remind everyone 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 could differ materially from those set forth in the forward-looking statements, can be found in our filings with the SEC, including our 2011 Form 10-K and our 2012 first quarter Form 10-Q which we did file earlier this day and anticipate filing later.

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