Risk Factors Update Summary
- Top 25 suppliers represented approximately 78% of purchases in 2023, up from 75% in 2022.
- Number of employees increased from 3,900 in 2022 to 4,300 in 2023.
- Total indebtedness increased from $367 million to $433 million in 2023.
- Unfunded liability of pension plan decreased from $73 million to $63 million in 2023.
- Unused capacity on the Ryerson Credit Facility increased from $826 million to $560 million in 2023.
- Unfunded liability of other postretirement benefits plan decreased from $35.7 million to $9 million.
- Platinum's ownership decreased from approximately 43% to 11.5% of issued and outstanding common stock.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1481582&owner=exclude
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