JB Capital, Weber report 7.3% stake in Ryerson (RYI) stock

Rhea-AI Filing Summary

Ryerson Holding Corp shareholders JB Capital Partners L.P. and Alan W. Weber report beneficial ownership of 2,266,805 and 2,343,475 common shares, representing 7.0% and 7.3% of the company, based on 32,209,364 shares outstanding as of October 24, 2025.

The filing shows Weber has sole voting and dispositive power over 76,670 shares and shared power over 2,266,805 shares with JB Capital. Both reporting persons certify the stake is not held for the purpose or effect of changing or influencing control of Ryerson.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Ryerson Holding Corp

(Name of Issuer)

Common Stock, par value $0.01

(Title of Class of Securities)

783754104

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 783754104

1

Names of Reporting Persons

JB CAPITAL PARTNERS LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,266,805.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,266,805.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,266,805.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 783754104

1

Names of Reporting Persons

Alan W. Weber

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 76,670.00
6	Shared Voting Power 2,266,805.00
7	Sole Dispositive Power 76,670.00
8	Shared Dispositive Power 2,266,805.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,343,475.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.3 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Ryerson Holding Corp
(b)	Address of issuer's principal executive offices: 227 W. Monroe St., 27th Floor,Chicago, Illinois 60606
Item 2.
(a)	Name of person filing: This statement is filed by (collectively, the "Reporting Persons") (i) JB Capital Partners L.P., a Delaware limited partnership (ii) Alan W. Weber, a United States citizen
(b)	Address or principal business office or, if none, residence: 5 Evans Place, Armonk New York 10504
(c)	Citizenship: See Item 2(a)
(d)	Title of class of securities: Common Stock, par value $0.01
(e)	CUSIP No.: 783754104
Item 4.	Ownership
(a)	Amount beneficially owned: (i) JB Capital Partners L.P. - 2,266,805 (1) (ii) Alan W. Weber - 2,343,475 (1)
(b)	Percent of class: (i) JB Capital Partners L.P. - 7.0% (ii) Alan W. Weber - 7.3%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: (i) JB Capital Partners L.P. - 0 shares (ii) Alan W. Weber (1) - 76,670 shares
	(ii) Shared power to vote or to direct the vote: (i) JB Capital Partners L.P. - 2,266,805 (ii) Alan W. Weber (1) - 2,266,805
	(iii) Sole power to dispose or to direct the disposition of: (i) JB Capital Partners L.P. - 0 shares (ii) Alan W. Weber (1) - 76,670 shares
	(iv) Shared power to dispose or to direct the disposition of: (i) JB Capital Partners L.P. - 2,266,805 (ii) Alan W. Weber - 2,266,805 Based on an aggregate of 32,209,364 shares of Common Stock, par value $0.01 per share, outstanding as of October 24, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q, for the quarter ended September 30, 2025. (1) Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein by the other Reporting Persons and any other person named herein except to the extent of any pecuniary interest therein. Each of the Reporting Persons disclaims membership in a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or Rule 13d-5(b)(1) under the Exchange Act with any other Reporting Person or other person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Item 2 and Note (1) in Item 4
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. See Item 2 and Note (1) in Item 4.
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

JB CAPITAL PARTNERS LP

Signature:	/s/ Alan W. Weber
Name/Title:	Alan W. Weber/General Partner
Date:	02/08/2026

Alan W. Weber

Signature:	/s/ Alan W. Weber
Name/Title:	Alan W. Weber
Date:	02/08/2026

Exhibit Information

1. Joint Filing Agreement dated as of February 10, 2025 by and among JB Capital L.P., and Alan W. Weber.

FAQ

Who are the major shareholders disclosed in Ryerson (RYI)'s Schedule 13G/A?

The filing identifies JB Capital Partners L.P. and Alan W. Weber as significant Ryerson shareholders. JB Capital is a Delaware limited partnership, and Weber is a U.S. citizen and general partner, jointly reporting their ownership position in Ryerson Holding Corp common stock.

How many Ryerson (RYI) shares do JB Capital and Alan W. Weber beneficially own?

JB Capital Partners L.P. reports beneficial ownership of 2,266,805 Ryerson shares. Alan W. Weber reports 2,343,475 shares, which includes 76,670 shares over which he has sole voting and dispositive power, and 2,266,805 shares over which he shares voting and dispositive power.

What percentage of Ryerson (RYI) does JB Capital and Alan W. Weber own?

JB Capital Partners L.P. reports owning 7.0% of Ryerson’s common stock. Alan W. Weber reports a slightly higher stake of 7.3%, with percentages calculated using 32,209,364 shares outstanding as of October 24, 2025, from Ryerson’s Form 10-Q.

Do JB Capital and Alan W. Weber seek to influence control of Ryerson (RYI)?

The reporting persons certify their Ryerson shares were not acquired and are not held to change or influence control of the issuer. They state the holdings are not in connection with any transaction aimed at obtaining control, other than activities tied to a nomination under Rule 14a-11.

How is voting and dispositive power over Ryerson (RYI) shares allocated between the filers?

JB Capital reports shared voting and dispositive power over 2,266,805 shares and no sole power. Alan W. Weber reports sole power over 76,670 shares and shared power over 2,266,805 shares, reflecting his role alongside JB Capital in managing the position.

What disclaimers do JB Capital and Alan W. Weber make about their Ryerson (RYI) ownership?

Each reporting person disclaims beneficial ownership of securities reported by the other, except to the extent of any pecuniary interest. They also disclaim membership in a “group” under Section 13(d)(3) or Rule 13d-5(b)(1), despite filing this joint Schedule 13G/A.