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Data

US flat products imports increase 7% in October

November 8, 2012

Based on reported import licenses and as compared to September preliminary census data, US flat products imports rose 7% from 669,000 short tons to 718,000 tons in October. October flat products imports in 2011 were 703,000 tons, in 2010 509,000 tons, in 2009 482,000 tons, and in 2008 778,000 tons. Hot roll imports rose by […]

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ArcelorMittal Q3 2012 results

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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AHMSA, Commercial Metals, SSAB, US Steel Q3 2012 earnings

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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China crude steel production 57.95 million tonnes in September

October 29, 2012

China crude steel production was 57.95 million tonnes in September, 2.2% higher than in the same month last year. Year-to-date Chinese crude production was 534.57 million tonnes, 1.3% higher than year-to-September 2011 output. Comparing consecutive months, September production was 0.75 million tonnes lower than August, but due to the short September month, the average daily […]

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World crude steel production 123.6 million tonnes in September

October 29, 2012

Worldsteel published September’s global crude steel production on October 22nd. World crude steel production was 123.6 million tonnes, 0.7% higher than in September 2011 for the 62 countries reporting. Average daily production increased by 3.3% compared to August 2012 but only due to the shorter September month as total production did not change. China’s production increased […]

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AK Steel and POSCO announce Q3 2012 results

October 23, 2012

So far this week we have had earnings announcements from AK Steel and POSCO.  Links to the releases can be found below. AK Steel’s press release POSCO’s earnings presentation can be found here AK Steel’s performance was weaker in Q3 than it had been in the first two quarters of this year. EBITDA per ton […]

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