Maurer Joins Olympic Steel as Regional Sales Manager

CLEVELAND--()--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced Bill Maurer joined the Company as Regional Sales Manager for its Milford and Chambersburg Divisions.

Maurer, who brings 20 years of sales and steel industry experience to the Company, most recently worked as a Commercial Manager at Kloeckner Metals. In his new role at Olympic Steel, Maurer will be based in Media, PA, and will focus on business development in the New England and Middle Atlantic Regions. He will report jointly to Gerry Phillips, General Manager — Milford Division and James Post, General Manager — Chambersburg Division.

Maurer’s industry experience includes work in purchasing, logistics, sales and sales-team management. Prior to Kloeckner Metals, he was responsible for business development at several leading steel service centers.

“Bill’s extensive metals background rounds out a professional team capable of further increasing Olympic Steel’s market share in the New England and Middle Atlantic Regions,” said John Mooney, Vice President – Eastern Region. “Bill’s experience managing high-volume metal programs to add value throughout the supply chain will benefit current and future customers. We look forward to his contributions as we increase participation in these markets.”

Maurer has a Bachelor of Arts degree in industrial relations from The Pennsylvania State University in University Park, Pennsylvania.

About Olympic Steel

Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. The Company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. Headquartered in Cleveland, Ohio, Olympic Steel operates from 33 facilities in North America.

For additional information, please visit the Company’s website at www.olysteel.com or www.b2i.us/profiles/investor/ContactUs.asp?BzID=2195

Contacts

Olympic Steel Investor Relations
Matthew J. Dennis, CFA, 216-672-0522

Contacts

Olympic Steel Investor Relations
Matthew J. Dennis, CFA, 216-672-0522