Supplementary Financial Data

12 Months Ended

Dec. 31, 2011

Supplementary Financial Data [Abstract]

Supplementary Financial Data

SUPPLEMENTARY FINANCIAL DATA (UNAUDITED)

RYERSON INC. AND SUBSIDIARY COMPANIES

SUMMARY BY QUARTER

(In millions)

	Net Sales		Gross Profit		Income (Loss) Before Income Taxes			Net Income (Loss)			Net Income (Loss) Attributable to Ryerson Inc.
2010
First Quarter	$	871.5	$	133.8	$	(6.4	)	$	(9.0	)	$	(9.0	)
Second Quarter (1)		1,020.2		132.6		(8.4	)		(12.1	)		(11.9	)
Third Quarter (2)		1,031.7		139.1		(10.5	)		(15.6	)		(14.5	)
Fourth Quarter (3)		972.1		134.3		(31.8	)		(33.3	)		(30.0	)
Year	$	3,895.5	$	539.8	$	(57.1	)	$	(70.0	)	$	(65.4	)
2011
First Quarter (4)	$	1,187.0	$	156.7	$	7.2		$	8.4		$	9.4
Second Quarter (5)		1,289.0		163.9		(0.1	)		(7.8	)		(7.2	)
Third Quarter (6)		1,218.8		173.7		13.7			10.2			12.1
Fourth Quarter (7)		1,035.0		164.5		2.3			23.8			28.6
Year	$	4,729.8	$	658.8	$	23.1		$	34.6		$	42.9

(1) Included in the second quarter 2010 results is a $2.6 million gain on the settlement of an insurance claim.

(2) Included in Net loss and Net loss attributable to Ryerson Inc. for the third quarter of 2010 is an $8.7 million income tax charge related to the establishment of a valuation reserve on certain deferred state income tax assets.

(3) Included in the fourth quarter 2010 results is a $2.0 million curtailment loss and a $10.5 million restructuring charge associated with the announcement of the closure of one of our metal service centers. The fourth quarter 2010 results also included a $1.5 million charge related to benefits to be paid associated with the retirement of our Chief Executive Officer.

(4) Included in the first quarter 2011 results is a $6.3 million gain on bargain purchase related to our Singer acquisition and a $1.1 million write off of debt issuance costs associated with our prior credit facility upon entering into an amended revolving credit facility on March 14, 2011.

(5) Included in the second quarter 2011 results is an impairment charge of $2.5 million related to certain assets held for sale to recognize the assets at their fair value less cost to sell.

(6) Included in the third quarter 2011 results is an impairment charge of $2.2 million related to certain assets held for sale to recognize the assets at their fair value less cost to sell.

(7) Included in the fourth quarter 2011 results is an impairment charge of $3.1 million related to certain assets held for sale to recognize the assets at their fair value less cost to sell and an impairment charge of $1.5 million related to goodwill. The fourth quarter also includes a $9.8 million restructuring charge related to a reorganization plan implemented to reduce headcount. The fourth quarter also included an income tax benefit of $21.5 million, primarily related to benefits relating to the purchase accounting impact of the Turret acquisition.