Gerdau Ameristeel and Gerdau SA Q2 results

by Tony Taccone on August 7, 2009

in Data,Finance,Nerds Only

Gerdau Ameristeel and Gerdau SA reported Q2 2009 financial results yesterday.   Read Gerdau Ameristeel’s press release here and the English version of Gerdau SA’s release here.  Both companies showed positive EBITDA per ton in Q2, with Gerdau Ameristeel showing a slight increase from $41 to $48.  Gerdau SA, which includes the results of the former MACSTEEL, showed steady EBITDA per ton  $84 in Q2 and $85 in Q1.  Both companies did well relative to their peers, as can bee seen in the Nerds of Steel earnings spreadsheet.