US long products imports rose in January for the first time since June 2007, based on SIMA US import licenses. As you can see in the spreadsheet below, an increase in rebar and beam import licenses is driving the rebound. Rebar licenses almost tripled in Jan 08 compared to the Dec 07, but are still lower than average 2007 monthly actuals. Beam licenses, on the other hand, have reached their highest levels since December 2006, and February beam imports already look like they will be high based on licenses collected up to February 12th.
ArcelorMittal and Gerdau Ameristeel both released Q4 and 2007 full year results today. These results have been added to the NoS quarterly financial results spreadsheet. With the exception of US Steel, all the companies we have entered into the spreadsheet so far have achieved very similar EBITDA/ton results for 2007. Excluding US Steel, the range is $123 per ton to $135 per ton.
And on the subject of ThyssenKrupp, here’s a short video from DeutscheWelle (in English) describing the start up of the ThyssenKrupp number 8 blast furnace in Duisburg.
In the continuing NoS series of gathering profiles of some of the largest steel companies in the world, here’s an extremely comprehensive profile of ThyssenKrupp Steel made by the company itself in October of 2007. There are details of the parent corporation, but much more detailed information about the two main steelmaking groups, carbon & stainless. You can read it below (select the link ‘Open Publication’ for a larger view) or download it from the ThyssenKrupp site here
Statistics Canada has just released the November 2007 monthly steel shipment report. Shipments of steel mill products by Canadian mills were just shy of 13.7 million metric tonnes through November. This is very similar to 2006, when shipments through November were slightly above 13.7 million metric tonnes.
We maintain a link to these monthly Stats Canada reports on the Nerds of Steel data page. Look under resources on the right hand side.
