January 26, 2016
Several mills are releasing Q4 and full year 2015 earnings this week. Starting things off are Steel Dynamics and AK Steel. AK’s EBITDA per ton jumped from $75 in Q3 to $108 in Q4, while Steel Dynamic’s EBITDA fell to $62 from $94. Later this week we’ll get results from US Steel, Nucor and TimkenSteel. […]
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January 26, 2016
Worldsteel published December and full-year 2015 global crude steel production on January 25th. World crude steel production was 126.7 million metric tonnes in December, 5.7% lower than in December 2014. Full-year 2015 production was 1,623 million tonnes, 2.8% lower than in 2014. Chinese crude production accounted for 50% of full-year 2015 world output and showed […]
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