November 5, 2009
Ternium announced 3rd quarter 2009 earnings last night. The press release can be found here. The company continued to perform well, generating $137 of EBITDA per ton during the quarter. This is the second best performance recorded yet on the Nerds of Steel earnings spreadsheet. Only Posco, with an EBITDA of $151 per ton, has [...]
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October 22, 2009
This morning Nucor announced Q3 2009 earnings. The company’s press release can be found here. EBITDA per ton was $31 in Q3, $74 per ton lower than the EBITDA reported Tuesday by Steel Dynamics. Nucor’s operating performance continues to be dragged down by the consumption of high-cost pig iron that was purchased last year prior [...]
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