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Segment Information | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Segment Information | NOTE 9: SEGMENT INFORMATION Edward Lehner, our Chief Executive Officer, serves as our chief operating decision maker ("CODM"). The CODM views our business globally, therefore we have one operating and reportable segment, metals service centers. There are no differences from the last annual report in our basis of segmentation or measurement of segment profit or loss. The Company’s segment revenue, significant expenses regularly reviewed by the CODM, and other segment items are as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | (Dollars in millions) |  |  | (Dollars in millions) |
Net sales |  | $ | 1,169.3 |  |  | $ | 1,225.5 |  |  | $ | 2,305.0 |  |  | $ | 2,464.7 |
Less 1 : |  |  |  |  |  |  |  |  |  |  |  |
Cost of materials sold, excluding LIFO (income) expense |  |  | 946.7 |  |  |  | 1,012.0 |  |  |  | 1,871.2 |  |  |  | 2,032.6 |
LIFO (income) expense |  |  | 13.2 |  |  |  | (10.0 | ) |  |  | 20.0 |  |  |  | (9.0 | )
Delivery expense |  |  | 31.7 |  |  |  | 29.1 |  |  |  | 61.8 |  |  |  | 57.8 |
Compensation and benefits expense |  |  | 92.9 |  |  |  | 90.5 |  |  |  | 189.5 |  |  |  | 185.8 |
Selling, general, and administrative expense |  |  | 19.1 |  |  |  | 19.4 |  |  |  | 36.8 |  |  |  | 38.2 |
Operating expense - fixed |  |  | 18.7 |  |  |  | 17.3 |  |  |  | 38.7 |  |  |  | 36.7 |
Operating expense - variable |  |  | 15.3 |  |  |  | 15.8 |  |  |  | 30.3 |  |  |  | 33.0 |
Reorganization expense 2 |  |  | 5.0 |  |  |  | 12.7 |  |  |  | 9.0 |  |  |  | 32.8 |
Depreciation and amortization expense |  |  | 19.4 |  |  |  | 18.0 |  |  |  | 38.6 |  |  |  | 35.4 |
Interest and other expense on debt |  |  | 9.8 |  |  |  | 11.3 |  |  |  | 19.3 |  |  |  | 21.4 |
Other segment items 3 |  |  | 3.8 |  |  |  | (3.9 | ) |  |  | 3.0 |  |  |  | (3.8 | )
Income (loss) before income taxes |  |  | (6.3 | ) |  |  | 13.3 |  |  |  | (13.2 | ) |  |  | 3.8 |
Provision (benefit) for income taxes |  |  | (8.4 | ) |  |  | 3.0 |  |  |  | (10.0 | ) |  |  | 0.9 |
Net Income (loss) |  |  | 2.1 |  |  |  | 10.3 |  |  |  | (3.2 | ) |  |  | 2.9 |
Less: Net income attributable to noncontrolling interest |  |  | 0.2 |  |  |  | 0.4 |  |  |  | 0.5 |  |  |  | 0.6 |
Net income (loss) attributable to Ryerson Holding Corporation |  | $ | 1.9 |  |  | $ | 9.9 |  |  | $ | (3.7 | ) |  | $ | 2.3 |
(1) The significant expense categories and amounts align with the information that is regularly provided to the CODM. (2) Reorganization expense is used by management to capture excess costs associated with implementing significant Company projects or changes and allows the CODM to assess performance without the impact of these items. It is not a GAAP financial measure. Expenses excluding reorganization expense should not be used as a substitute for total expenses reported on our Condensed Consolidated Statements of Comprehensive Income. (3) Other segment items include foreign exchange gain and loss, pension settlement and curtailment gains and losses, pension and postretirement benefit costs other than service costs, gains or losses on investments, purchase consideration, gains on insurance settlements, and impairment charges on assets. The measure of segment assets used by the CODM is reported on the Condensed Consolidated Balance Sheets as total consolidated assets. The primary measure of segment profit or loss that is most consistent with GAAP is net income (loss) attributable to Ryerson Holding Corporation as reported on the Condensed Consolidated Statements of Comprehensive Income. Net income (loss) is used by the CODM for planning and forecasting in future periods, analyzing the core operating performance of the business, as well as to allocate resources, including for employee compensation and capital investment. Capital expenditures are regularly provided to the CODM on a consolidated basis. See our Condensed Consolidated Statement of Cash Flows for capital expenditure amounts as of June 30, 2025 and 2024.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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