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TheStreet Open House

Olympic Steel's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Olympic Steel, Inc. (ZEUS)

Q2 2012 Earnings Call

August 9, 2012 10:00 AM ET

Executives



Michael Siegal – Chairman and CEO

Rick Marabito – CFO and Treasurer

David Wolfort – President and COO

Analysts



Ed Marshall – Sidoti & Company

Tim Hayes – Davenport & Company

Richard Garchitorena – Credit Suisse

Aldo Mazzaferro – Macquarie

Charles Bradford – Bradford Research

Presentation



Operator

Good day, ladies and gentlemen, and welcome to the Olympic Steel Incorporated Second Quarter 2012 Earnings Results Call. At this time, all participants are in a listen-only mode. Later, we’ll have a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, this call is being recorded for replay purposes.

I would now like to turn the conference over to your host for today, Mr. Michael Siegal, Chairman and Chief Executive Officer. Sir, you may begin.

Michael Siegal

Good morning, and welcome to our call. Thank you, operator. 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. I want to thank all of you for your participation and 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 nor – 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 Form 10-K and our 2012 second quarter Form 10-Q, which we will file later day.

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