Earnings season began with a bang this week as 4 companies reported Q4 and full year 2012 earnings. Links to press releases can be found below.
- AK Steel’s earnings release
- Nucor’s earnings release
- Steel Dynamics’ earnings release
- US Steel’s earning release
AK Steel’s results were the most disappointing, as the company reported an EBITDA loss of $89 per ton in Q4. US Steel’s EBITDA per ton came in at $34 for Q4 and $42 for the full year. Nucor and Steel Dynamics reported similar results for Q4 with SDI’s EBITDA per ton at $82 while Nucor reported $79. More results will be added soon to the Nerds of Steel earnings spreadsheet.