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                                  SCHEDULE 14A
                                 (RULE 14a-101)

                     INFORMATION REQUIRED IN PROXY STATEMENT
                  PROXY STATEMENT PURSUANT TO SECTION 14(A) OF
                       THE SECURITIES EXCHANGE ACT OF 1934
                                (AMENDMENT NO. )

                           Filed by the Registrant [_]
                 Filed by a Party other than the Registrant [X]

                 Check the appropriate box:

            [_]  Preliminary Proxy Statement
            [_]  Confidential, for Use of the Commission Only
                 (as permitted by Rule 14a-6(e)(2))
            [_]  Definitive Proxy Statement
            [_]  Definitive Additional Materials
            [X]  Soliciting material Pursuant to Rule 14a-11(c) or Rule 14a-12


                                  RYERSON INC.
    ------------------------------------------------------------------------
                (Name of Registrant as Specified In Its Charter)


                 HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD.
                                       AND
            HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P.
    ------------------------------------------------------------------------
    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

PAYMENT OF FILING FEE (Check the appropriate box):

[X] No fee required.
[_] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
    1) Title of each class of securities to which transaction applies:__________
    2) Aggregate number of securities to which transaction
       applies:_______________
    3) Per unit price or other underlying value of transaction computed pursuant
       to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee
       is calculated and state how it was determined):__________________________
    4) Proposed maximum aggregate value of transaction:_________________________
    5) Total fee paid:__________________________________________________________
[_] Fee paid previously with preliminary materials.
[_] Check box if any part of the fee is offset as provided by Exchange Act Rule
    0-11(a)(2) and identify the filing for which the offsetting fee was paid
    previously. Identify the previous filing by registration statement number,
    or the Form or Schedule and the date of its filing.
    1) Amount Previously Paid:__________________________________________________
    2) Form, Schedule or Registration Statement No.:____________________________
    3) Filing Party:
    4) Date Filed:_______________________________________________

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The following  press release was issued by Harbinger  Capital  Partners  Master
Fund I, Ltd. and Harbinger  Capital Partners  Special  Situations Fund, L.P. on
March 6, 2007.




FOR IMMEDIATE RELEASE

              HARBINGER CAPITAL PARTNERS COMMENTS ON RYERSON INC.'S
                DECISION TO DELAY ANNUAL MEETING OF STOCKHOLDERS
              -----------------------------------------------------


NEW YORK,  MARCH 6, 2007 - Harbinger  Capital  Partners Master Fund I, Ltd. and
Harbinger   Capital   Partners  Special   Situations   Fund,  L.P.   (together,
"Harbinger") today commented on Ryerson Inc.'s (NYSE: RYI) decision to postpone
its Annual Meeting of Stockholders, originally scheduled for May 11, 2007.

Larry Clark,  Managing Director of Harbinger  Capital  Partners,  said: "We are
greatly   disappointed   with  this   latest   delaying   tactic  by   Ryerson.
Unfortunately,  it is typical of this Board's management style to delay instead
of taking action.  This  postponement  follows  Ryerson's  disclosure of dismal
fourth  quarter  results and the public  endorsement  by another  large Ryerson
shareholder  of  Harbinger's  slate of  experienced  director  nominees - it is
apparent that the Board is postponing the vote because they realize they are in
danger  of  losing.  Shareholders  deserve  an  opportunity  to be heard at the
earliest possible date and to vote for directors with the experience  necessary
to drive  performance.  We are  reviewing  all  options  that will  allow for a
shareholder vote as soon as practicable."

Harbinger,  which owns a 9.7 percent stake in Ryerson,  is seeking the election
of seven independent directors to replace the majority of the existing Board of
Directors of Ryerson Inc. at the Company's 2007 Annual Meeting of shareholders.
Harbinger's  experienced and independent director nominees include Mr. Keith E.
Butler, Mr. Eugene I. Davis, Mr. Daniel W. Dienst,  Mr. Richard  Kochersperger,
Mr. Larry J.  Liebovich,  Mr.  Gerald Morris and Mr. Allen  Ritchie.  Harbinger
detailed its  intention in a written  notice to Ryerson's  Board of  Directors,
filed in a Schedule 13-D amendment, on January 3, 2007.

ABOUT HARBINGER CAPITAL PARTNERS
The Harbinger Capital Partners investment team located in New York City manages
in excess of $5  billion  in  capital  through  two  complementary  strategies.
Harbinger  Capital  Partners Master Fund I, Ltd. is focused on  restructurings,
liquidations,   event-driven  situations,  turnarounds  and  capital  structure
arbitrage,  including  both long and short  positions in highly  leveraged  and
financially distressed companies. Harbinger Capital Partners Special Situations
Fund, L.P. is focused on distressed debt securities, special situation equities
and private loans/notes in a predominantly long-only strategy.

Investor contact:
Harbert Management Corporation - John McCullough - 205-987-5576

Media contact:
Sard Verbinnen & Co - Brandy Bergman or Dan Gagnier - 212-687-8080

ADDITIONAL INFORMATION
HARBINGER INTENDS TO MAKE A PRELIMINARY FILING WITH THE SECURITIES AND EXCHANGE
COMMISSION OF A PROXY  STATEMENT AND AN  ACCOMPANYING  PROXY CARD TO BE USED TO
SOLICIT  PROXIES IN  CONNECTION  WITH THE RYERSON  INC.  2007  ANNUAL  MEETING.
SECURITY  HOLDERS ARE ADVISED TO READ THE PROXY  STATEMENT AND OTHER  DOCUMENTS
RELATED TO THE  SOLICITATION  OF PROXIES FROM  STOCKHOLDERS OF RYERSON INC. FOR
USE AT THE 2007 ANNUAL  MEETING  WHEN THEY BECOME  AVAILABLE  BECAUSE THEY WILL
CONTAIN  IMPORTANT   INFORMATION,   INCLUDING   INFORMATION   RELATING  TO  THE
PARTICIPANTS IN SUCH PROXY  SOLICITATION.  WHEN COMPLETED,  A DEFINITIVE  PROXY
STATEMENT AND A FORM OF PROXY WILL BE MAILED TO RYERSON INC.  STOCKHOLDERS  AND
WILL BE AVAILABLE  AT NO CHARGE AT THE  SECURITIES  AND  EXCHANGE  COMMISSION'S
WEBSITE AT HTTP://WWW.SEC.GOV. INFORMATION RELATING TO THE PARTICIPANTS IN SUCH
PROXY  SOLICITATION  IS AND WILL BE  CONTAINED  IN THE  SCHEDULE  13D  FILED BY
HARBINGER AND IN AMENDMENTS THERETO.

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