Olympic Steel Names Matthew Grussing Vice President of Fabrication

CLEVELAND--(BUSINESS WIRE)-- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the appointment of Matthew Grussing to the role of Vice President – Fabrication. He will report to Andrew S. Greiff, President & Chief Operating Officer.

In his new role, Mr. Grussing will oversee the execution of Olympic Steel’s fabrication strategy, a core component of the Company’s broader growth initiatives. His priorities will include strengthening the organization’s fabrication-focused commercial presence, advancing operational standardization, and driving the adoption of new technologies.

Mr. Grussing joined Olympic Steel in 2010 as an Inside Sales Representative. Over his more than 16-year tenure, he has taken on a series of increasingly senior commercial roles, including serving as General Manager of the Company’s Minneapolis, Minnesota, plate processing facility and, most recently, Director – Fabrication.

“Matt is a trusted, reliable leader whose deep understanding of our business, our customers, and our fabrication capabilities make him an ideal fit for this role,” said Greiff. “Throughout his career with the Company, he has consistently demonstrated the vision, discipline, and commercial acumen needed to advance our strategy. His leadership will accelerate our continued growth into counter-cyclical, higher-margin, value-added fabrication and manufacturing, strengthening our ability to deliver more stable performance through all phases of the market cycle. Matt will play a pivotal role in driving the next chapter of Olympic Steel’s growth.”

Mr. Grussing earned his associate degree in mechanical drafting and design from Ridgewater College. He earned his bachelor’s degree in business administration from Bemidji State University. Mr. Grussing is also a graduate of the Metals Service Center Institute’s (MSCI) Strategic Metals Management Program (SMMP) at Washington University in St. Louis and has completed the “Battle Tested Leadership Principles” program at West Point through Thayer Leadership and MSCI.

About Olympic Steel

Founded in 1954, Olympic Steel (Nasdaq: ZEUS) is a leading U.S. metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate and coil steel products; stainless steel sheet, plate, bar and coil; aluminum sheet, plate and coil; pipe, tube, bar, valves and fittings; tin plate and metal-intensive end-use products, including stainless steel bollards; commercial, residential and industrial venting and air filtration systems; Wright® brand material handling solutions; and metal canopy components. Headquartered in Cleveland, Ohio, Olympic Steel operates from 53 facilities.

For additional information, please visit https://www.olysteel.com.

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Michelle Pearson-Casey

Vice President – Corporate Communications & Marketing

216.292.3800

Source: Olympic Steel, Inc.