Company: ZEUS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001437749-25-004742
Chunk: 98

Company: OLYMPIC STEEL INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1
Chunk 98
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 sheet metal; 

      ● 
      Blanking - cutting metal into specific shapes with close tolerances; 

      ● 
      Tempering - cold rolling process that improves the uniformity of the thickness and flatness of the metals; 

      ● 
      Stretcher-leveling - stretching process that improves the uniformity of the thickness and flatness of the metals; 

      ● 
      Plate and laser processing - cutting metal into specific shapes and sizes via laser, plasma and flame cutting; 

      ● 
      Forming and machining - bending, drilling, milling, tapping, boring and sawing metal; 

      ● 
      Tube processing - tube bending and end finishing; 

      ● 
      Finishing - shot blasting, grinding, edging, threading and grooving, beveling and polishing; 

      ● 
      Fabrication - machining, welding, assembly, painting and kitting of component parts; and 

      ● 
      Value added services, including saw cutting, laser cutting, beveling, threading and grooving. 

The flat products segment is separated into two reportable segments; specialty metals flat products and carbon flat products. The flat products segments’ assets and resources are shared by the specialty metals and carbon flat products segments and both segments’ products are, in some instances, stored in shared facilities and processed on shared equipment.

The following table sets forth, as of December 31, 2024, the major pieces of processing equipment in operation by segment:

      Processing Equipment 
      
      Consolidated Flat Products 

      Tubular and Pipe Products 

      Total 

      Cut-to-length 

     26

     18

     44

      Slitting 

     13

     -

     13

      Shearing 

     10

     -

     10

      Blanking 

     3

     -

     3

      Tempering 

     3

     -

     3

      Stretcher-leveling 

     2

     -

     2

      Plate processing 

     29

     -

     29

      Laser processing 

     31

     24

     55

      Forming 

     38

     -

     38

      Machining 

     39

     67

     106

      Tube processing 

     -

     40

     40

      Finishing 

     45

     5

     50

      Painting 

     3