From the category archives:

Finance

ArcelorMittal Q2 financial results

July 28, 2010

ArcelorMittal announced Q2 financial results today.  The press release is here.   EBITDA was $119  per ton in Q2 up from $80 in Q1.   This is the second highest Q2 EBITDA per ton achieved so far among companies tracked on the Nerds of Steel earnings spreadsheet.

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Gerdau Ameristeel and Gerdau report Q1 earnings

May 24, 2010

Gerdau Ameristeel and Gerdau announced Q1 2010 earnings recently.  Links to each company’s press release appear below.

Gerdau Ameristeel Q1 2010 earnings release
Gerdau Q1 2010 earnings release

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 [...]

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ArcelorMittal quarterly earnings spreadsheet, 2007-2010

April 30, 2010

If you’ve never seen it, those nice people at ArcelorMittal provide an extensive Excel spreadsheet called the ArcelorMittal Model to help with analyzing their company. The spreadsheet provides, in considerable detail, data and metrics for each of the ArcelorMittal businesses. You can download the latest one here or you can see all of the data [...]

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ArcelorMittal and US Steel announce Q1 2010 earnings

April 29, 2010

Q1 2010 earnings season continues.  This week ArcelorMittal and US Steel announced results.  Links to both companies’ announcements appear below.

ArcelorMittal Q1 earnings press release
US Steel Q1 earnings press release

ArcelorMittal posted EBITDA per ton of $80 in the quarter, similar to the numbers reported by AK Steel and Steel Dynamics last week.  US Steel’s EBITDA per [...]

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Ternium 2009 results

February 24, 2010

This morning Ternium released financial results for 2009.  The press release can be found here.   As has been the case for several years, Ternium continued to be among the top performers tracked on the Nerds of Steel earnings spreadsheet. For the full year of 2009, the company achieved average EBITDA per ton of $100.  This [...]

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Steel Dynamics – 2009 financial results

February 4, 2010

Steel Dynamics announced Q4 and full year 2009 financial results yesterday.  The press release can be found here.  STLD’s EBITDA per ton for the full year was $54, the best we’ve seen so far among the companies we track in the Nerds of Steel earnings spreadsheet.

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2009 Q4 earnings – AK, Nucor, and US Steel

February 2, 2010

The fourth quarter earnings season swung into action last week. Sorry for the delay in getting this post out, but I was in Florida making a presentation at the AMM State of Steel Conference. More on that tomorrow.
Three companies reported reported Q 4 earnings last week.  Their respective press releases can be found at the following links: AK Q4 [...]

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Gerdau Ameristeel and Gerdau SA Q3 2009 results

November 17, 2009

After some delay, for which I apologize, the Q3 2009 results for Gerdau Ameristeel and Gerdau SA have been added to the Nerds of Steel earnings spreadsheet.  Both companies generated positive EBITDA per ton in Q3 despite low shipment volumes and difficult industry conditions.  Gerdau SA generated EBITDA per ton of $172 in Q3, the [...]

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