Second quarter results are starting to come in. This week, Nucor, Steel Dynamics, and California Steel announced Q2 2010 earnings. Nucor’s earnings release can be found here, Steel Dynamics’ here, and California Steel’s here.
Of the three companies California Steel had the highest EBITDA per ton, reporting $102 up from $72 in Q1 2010. This compares to $86 at Steel Dynamics which is down slightly from $92 in Q1 and $64 at Nucor which is up from $47 in Q1.
Watch the results unfold and look at historical performance by viewing or downloading the Nerds of Steel earnings spreadsheet.
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