Gerdau Ameristeel and Gerdau announced Q1 2010 earnings recently. Links to each company’s press release appear below.
Gerdau’s EBITDA for Q1 was $172 per ton, a very strong result and the third highest we’ve seen among companies tracked in the Nerds of Steel earnings spreadsheet. Gerdau Ameristeel also had a good quarter, reporting EBITDA of $74 per ton.