Before we get too “hoity-toity” about the effects of Chinese industrial expansion on the Chinese and global environment, it’s worth being reminded of events in the not so distant past that affected industrial cities in the West and how we talked about them. [click to continue…]
EBITDA ($/Ton) for the first 9 months of 2007. This was created using fusion charts. I may update this in the future but I think it probably makes more sense to create a shared spreadsheet to track quarterly results.
Don’t miss the announcement about the ArcelorMittal and Borusan venture in Turkey. I am not surprised ArcelorMittal had something bigger planned in Turkey since they didn’t get what they wanted with Erdemir.
Looks like Nucor’s EBITDA per ton in 2007 will be similar to the last few years and much higher than it was in any year prior to 2004. This is the new steel industry!
More consolidation in the scrap industry. Here’s a nice overview of the acquisition of Metal Management by Sims. It’s a PDF file which will show up here somehow both to read and for download. Sims-Group-Merger-Presentation-Sep2007.pdf