From the category archives:

Data

World crude steel production down over 3% in July

August 25, 2010

World crude steel production was down a little over 3% in July after similar falls in May and June. I’m afraid we’re only likely to know what this means as the full context of 2010 develops unless someone wants to share what they think it all means now. I’m withholding judgment. It was a general [...]

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Ternium, Gerdau, and Gerdau Ameristeel Q2 earnings

August 11, 2010

Ternium, Gerdau, and Gerdau Ameristeel recently announced Q2 2010 earnings. If you want to read the earnings announcements, I’ve provided links below.

Ternium’s press release
Gerdau’s press release
Gerdau Ameristeel’s press release

All three companies reported improved EBITDA per ton in Q2 relative to Q1.  Ternium had the strongest second quarter, reporting EBITDA per ton of $202 up from [...]

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Global steel production dips slightly in June

July 29, 2010

Sorry for the delay in posting this release from worldsteel which appeared on July 20th. Global liquid steel production dipped a little over 4% in June compared to the prior month but only a little over 1% on a daily output basis. No region bucked the trend. There seems to be a considerable amount of [...]

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US Steel and AK Steel Q2 2010 results

July 27, 2010

US Steel and AK Steel reported Q2 2010 results today.  US Steel’s press release can be found here and AK’s results are here.  Both companies showed improved EBITDA per ton.  AK’s Q2 EBITDA per ton was $83, up very marginally from $82 in Q1.  US Steel’s improvement was more substantial.  EBITDA per ton rose to [...]

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Nucor, Steel Dynamics, and California Steel Q2 2010 earnings

July 22, 2010

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 [...]

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US flat products imports drop 21% in June

July 22, 2010

Based on reported import licenses, US flat products imports declined 21% from 639,000 short tons in May to 506,000 tons in June. This can be compared to 252,000 tons of flat products imports in June 2009.
The decline was driven by hot rolled imports which dropped by 107,000 tons due to lower imports from a [...]

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US long products imports fall 9% in June

July 21, 2010

Based on reported import licenses, US long products imports declined 9% from 236,000 short tons in May to 214,000 tons in June. This can be compared to long products imports of 105,000 tons in June 2009, 269,000 tons in June 2008 and 496,000 tons in June 2007.
The decline was driven by lower wire rod [...]

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World’s largest steel producers 2009

July 16, 2010

Worldsteel published two potentially useful items recently. First, they published World Steel in Figures 2010 – which actually just covers up to 2009.
They also published their list of the largest steel producers in 2009. They publish the list in html and pdf formats. Here’s the link to the announcement. Unfortunately, the PDF file at [...]

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