8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported) February 22, 2006

RYERSON INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

1-9117	36-3425828
(Commission File Number)	(I.R.S. Employer Identification No.)

2621 West 15th Place, Chicago, Illinois 60608

(Address Of Principal Executive Offices, including Zip Code)

(773) 762-2121

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, If Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

Item 7.01 Regulation FD Disclosure

On February 22, 2006, Ryerson Inc. issued a press release announcing that Neil S. Novich, Chairman, President and CEO; Jay M. Gratz, Executive Vice President, CFO and President – RCP; and Gary J. Niederpruem, Executive Vice President, amended their pre-existing trading plans established on November 1, 2005 in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. A copy of the press release dated February 22, 2006 is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(a) None

(b) None

(c) A list of exhibits is attached hereto as an Exhibit Index and is incorporated by reference.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	RYERSON INC.
Dated: February 23, 2006		/s/ Lily L. May
	By:	Lily L. May
	Its:	Vice President, Controller and     Chief Accounting Officer

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press Release, dated February 22, 2006

EX-99.1

EXHIBIT 99.1

NEWS RELEASE

Ryerson Inc. Executives Amend 10b5-1 Trading Plans

Chicago, Illinois – February 22,2006 – Ryerson Inc. (NYSE: RYI) today announced that Neil S. Novich, Chairman, President and CEO; Jay M. Gratz, Executive Vice President, CFO and President – RCP; and Gary J. Niederpruem, Executive Vice President, amended their pre-existing trading plans established on November 1, 2005 in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Other Ryerson executives may, from time to time, implement similar plans.

The 10b5-1 trading plans allow the Company’s executive officers to exercise their outstanding employee stock options issued under the Company’s incentive stock plans, accumulate shares towards the stock ownership goals established by Ryerson, and to diversify their holdings through sale of a portion of their acquired shares.

Under the terms of the amended trading plans, through the exercise of stock options, Mr. Novich could reduce his beneficial ownership to as low as 622,000 shares, Mr. Gratz could reduce his beneficial ownership to as low as 241,000 shares, and Mr. Niederpruem could reduce his beneficial ownership to as low as 223,000 shares.

The actual number of shares sold is subject to a pre-established formula, and may vary depending on market price and the level of stock ownership attained by each executive relative to the stock ownership guidelines established by Ryerson.

All of the plans provide that the shares would be sold over a period of time ending not earlier than March 11, 2007 or later than September 2, 2008. Under certain circumstances the number of shares to be sold may increase to provide for the exercise and sale of shares subject to options that expire on or before September 2, 2008.

The Compensation Committee has set Stock Ownership Guidelines for the Company’s executives requiring executive officers and other senior executives own shares valued at a specified multiple of base salary. Until those ownership levels are achieved, the executives must retain a specified percentage of earned performance shares, exercised options, and other incentive stock awards.

None of these executive officers had knowledge of any material nonpublic information at the time these plans were amended. All transactions will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. Form 4 filings will also be posted in the Investor Information section of the Company’s web site, www.ryerson.com.

Ryerson Inc. is North America’s leading distributor and processor of metals, with revenues of $5.8 billion in 2005. The company services customers through a network of service centers across the United States and in Canada, Mexico, and India.

Effective January 1, 2006,

the company adopted the new name of Ryerson Inc.

and the ticker symbol RYI