October 31, 2012
ArcelorMittal announced third quarter results today. The press release can be found here. The company’s EBITDA per ton fell to $61 from $102 in the second quarter. Guidance included in the press release suggests that fourth quarter performance will be weak as well, similar to this quarter. Given weak economic conditions and the company’s focus […]
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October 30, 2012
Four more companies announced third quarter 2012 results this week. Links to the press releases can be found below. AHMSA release Commercial Metals release SSAB release US Steel release Commercial Metals posted the strongest results among these four companies with EBITDA per ton of $69 in the quarter. AHMSA was second at $53 followed by […]
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