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Data

October world crude steel production 134M tonnes

November 26, 2013

Worldsteel published October’s global crude steel production on November 20th. World crude steel production was 134.3 million metric tonnes, 7% higher than in October 2012 and 1% higher than in September 2013. Chinese production rose by 10% between October 2012 and 2013 to reach 65.1 million tonnes though average daily production month-on-month fell 2% between […]

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US September flat products imports 816,000 tons, October licenses incomplete

November 22, 2013

US flat products imports for September were 816,000 short tons, 3% higher than my estimate based on import licenses reported October 31st. It is impossible to predict October imports based on import licenses because the figures reported by SIMA are incomplete due to the October 1st to 16th government shutdown (see also my earlier post […]

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US September long products imports 255,000 tons, October licenses incomplete

November 22, 2013

US long products imports for September were 255,000 short tons, only 1% higher than my estimate based on import licenses reported October 24th. It is more difficult to make an estimate of October imports based on import licenses because the figures reported by SIMA appear to be have been affected by the US government shutdown […]

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Final batch of Q3 2013 earnings

November 19, 2013

All the companies we track in the Nerds of Steel earnings spreadsheet have now reported earnings for Q3 2013.  Links to the press releases for the latest batch of announcements can can be found below: ArcelorMittal English version of earnings press release Essar Steel Algoma management discussion and analysis Severstal Q3 2013 financial results press […]

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Second batch of Q3 2013 earnings

November 4, 2013

More Q3 earnings have been released and logged into the Nerds of Steel earnings spreadsheet.  Links to press releases are shown below. AHMSA Q3 earnings report Gerdau Q3 earnings results SSAB Q3 earnings report SSAB’s EBITDA per ton is the lowest we’ve seen so far at $9, due to weakness in the plate market and […]

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First batch of Q3 2013 earnings

October 31, 2013

Earnings season is again upon us.  Five companies that we track in the Nerds of Steel earnings spreadsheet have released Q3 earnings.  Links to the press releases can be found below. AK Steel earnings release CMC earnings release Nucor earnings release Steel Dynamics earnings release US Steel earnings release All five companies reported slightly higher […]

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