Company: ZEUS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001437749-25-004742
Chunk: 1

Company: OLYMPIC STEEL INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1C
Chunk 1
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 in this Annual Report on Form 10-k.

     24

      Table of Contents

ITEM 2. PROPERTIES

We believe that our properties are strategically situated relative to our domestic suppliers, our customers and each other, allowing us to support customers from multiple locations. Product is shipped from the most advantageous facility, regardless of where the customer order is taken. The facilities are located in the hubs of major metals consumption markets, and within a 250‑mile radius of most of our customers, a distance approximating the one‑day driving and delivery limit for truck shipments.

The following table sets forth certain information concerning our principal properties including which segment’s products are serviced out of each location: 

      Segment 

      Operation 
      Location 
      Square Feet 
      Function 
      Owned or  Leased 
      Carbon  Flat 
      Specialty  Metals  Flat 
      Tube  and  Pipe 

      Cleveland 
      Bedford Heights, Ohio (1) 
      127,000 
      Corporate offices, coil processing and distribution center 
      Owned 
      ✔ 
      ✔ 

      Bedford Heights, Ohio (1) 
      121,500 
      Coil and plate processing, distribution center and offices 
      Owned 
      ✔ 
      ✔ 
      ✔ 

      Bedford Heights, Ohio (1) 
      59,500 
      Plate processing, distribution center and offices 
      Leased (2) 
      ✔ 

      Dover, Ohio 
      62,000 
      Plate processing, fabrication and distribution center 
      Owned 
      ✔ 

      Minneapolis 
      Plymouth, Minnesota 
      196,800 
      Coil and plate processing, distribution center and offices 
      Owned 
      ✔ 
      ✔ 

      Plymouth, Minnesota 
      112,200 
      Plate processing, fabrication, distribution center and offices 
      Owned 
      ✔ 

      Chambersburg 
      Chambersburg, Pennsylvania 
      157,000 
      Plate processing, distribution center and offices 
      Owned 
      ✔ 

      Chambersburg, Pennsylvania 
      150,000 
      Plate processing, fabrication, manufacturing, distribution center and offices 
      Owned 
      ✔ 

      Iowa 
      Bettendorf, Iowa 
      244,000 
      Coil and plate processing, fabrication, distribution center and offices 
      Owned 
      ✔ 
      ✔ 

      Winder 
      Winder, Georgia 
      285,000 
      Coil and plate processing, fabrication, distribution center and offices 
      Owned