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) March 10, 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 8.01 Other Events

On March 10, 2006, Ryerson Inc. (the “Company”) announced that members of the United Steelworkers and Teamsters joint union ended a strike at three Chicago area facilities of Joseph T. Ryerson and Son, Inc., a wholly owned subsidiary of the Company, and unconditionally agreed to return to work effective Monday, March 13, 2006. A copy of the press release dated March 13, 2006 is attached hereto as Exhibit 99.1.

On March 13, 2006, the Company completed its previously announced sale of certain assets related to its U.S. oil and gas, tubular alloy and bar alloy businesses to Energy Alloys, LLC for approximately $49.7 million of cash proceeds and a $4 million, 3 year note. A copy of the press release dated March 13, 2006 is attached hereto as Exhibit 99.2.

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: March 14, 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 March 10, 2006 re Strike Ends
99.2	Press Release, dated March 13, 2006 re Sale of Oil and Gas Assets

EX-99.1

Exhibit 99.1

JOINT UNION EMPLOYEES UNCONDITIONALLY

AGREE TO RETURN TO WORK

Chicago, Illinois – March 10, 2006 – Members of Local Unions 9777 and 6787 represented by the United Steelworkers and Teamsters Local Union 714 ended the strike at three Chicago area facilities of Joseph T. Ryerson and Son, Inc., a wholly owned subsidiary of Ryerson Inc. (RYI). The approximately 540 employees unconditionally agreed to return to work effective Monday, March 13, 2006, ending the strike that began on Monday, March 6, 2006.

“Our contingency plan allowed us to continue to serve our customers throughout the short strike by utilizing plant supervisors, other management personnel, temporary replacement workers and employees who crossed the picket line,” stated Gary J. Niederpruem, Executive Vice President of the company. “Each day more employees chose to cross the picket line.”

Representatives of the company and of the joint union have scheduled bargaining sessions through April. The collective bargaining contract for Ryerson’s Chicago-area facilities expired January 31, 2006 and the joint union refused the company’s offer to extend the contract. The union membership provided the joint union with authority to strike on February 12, 2006.

# # #

Ryerson is a leading metals service center in North America, with 2005 sales of $5.8 billion. Ryerson distributes and processes metals, primarily stainless steel, carbon steel and aluminum, through a network of more than 110 distribution facilities across the U.S., Canada, Mexico and India.

Business Risks: This press release contains statements that are not historical facts and are forward-looking statements. The forward-looking statements (generally identified by words or phrases indicating a projection or future expectations, such as “anticipates”, “is planning to”, “estimates”, “expects”, or “believes”) are based on the company’s current expectations, estimates, assumptions, forecasts, and projections about the general economy, industry, and company performance. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that could result in actual outcomes or results being materially different from those expressed or forecast. Representative factors that may affect the company’s performance include the general economy and business conditions relating to metals-consuming industries; sales volumes; pricing pressures; cost of purchased materials; management’s ability to integrate and achieve projected cost savings with the acquisition of Integris; ability to maintain or increase market share and gross profits; inventory management; the company’s ability to meet its payment obligations under its outstanding notes and other debt; potential dilutive effect of the company’s convertible notes on its earnings; required pension funding and other obligations; market competition; industry and customer consolidation; customer and supplier insolvencies; and labor relations.

EX-99.2

Exhibit 99.2

SALE OF OIL AND GAS ASSETS CLOSES

Chicago, Illinois – March 13, 2006 – Ryerson Inc. (NYSE: RYI), completed the previously announced sale of certain assets related to its U.S. oil and gas, tubular alloy and bar alloy businesses to Energy Alloys, LLC, a Texas limited liability company. Ryerson received approximately $49.7 million of cash proceeds and a $4 million, 3-year note. Subject to post-closing adjustments, Ryerson expects to record a pre-tax gain on the sale of approximately $18 million and plans to use the cash proceeds to pay down debt.

The divested assets include three locations dedicated to the oil and gas markets in Oklahoma, Texas and the Gulf Coast and complement Houston-based Energy Alloys existing operations. The sale does not impact Ryerson’s remaining operations in Oklahoma, Texas and the Gulf Coast region.

# # #

Ryerson is a leading metals service center in North America, with 2005 sales of $5.8 billion. Ryerson distributes and processes metals, primarily stainless steel, carbon steel and aluminum, through a network of more than 110 distribution facilities across the U.S., Canada, Mexico and India.

Business Risks: This press release contains statements that are not historical facts and are forward-looking statements. The forward-looking statements (generally identified by words or phrases indicating a projection or future expectations, such as “anticipates”, “is planning to”, “estimates”, “expects”, or “believes”) are based on the company’s current expectations, estimates, assumptions, forecasts, and projections about the general economy, industry, and company performance. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that could result in actual outcomes or results being materially different from those expressed or forecast. Representative factors that may affect the company’s performance include the general economy and business conditions relating to metals-consuming industries; sales volumes; pricing pressures; cost of purchased materials; management’s ability to integrate and achieve projected cost savings with the acquisition of Integris; ability to maintain or increase market share and gross profits; inventory management; the company’s ability to meet its payment obligations under its outstanding notes and other debt; potential dilutive effect of the company’s convertible notes on its earnings; required pension funding and other obligations; market competition; industry and customer consolidation; customer and supplier insolvencies; and labor relations.