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Data

US flat products imports drop 20% in August

September 16, 2011

Based on reported import licenses, US flat products imports declined 20% from 830,000 short tons in July to 667,000 tons in August. In comparison, flat products imports in August 2010 were 468,000 tons and in August 2009 they were 353,000 tons. The decline was driven by a 129,000 ton drop in hot roll imports which […]

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World crude steel production published for July

August 24, 2011

worldsteel published July 2011’s world crude steel production on Monday. Monthly production declined by 0.7% between June and July and daily production declined by 3.9%. Countries which contributed to the monthly decline included China, down 632,000 tonnes over June, Spain, down 523,000 tonnes, and Germany, down 214,000 tonnes. In contrast, production grew significantly in Japan, […]

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US long products imports drop 31% in July

August 18, 2011

Based on reported import licenses, US long products imports declined 31% from 267,000 short tons in June to 184,000 tons in July. This can be compared to July long products imports of 232,000 tons in 2010, 104,000 tons in 2009, 270,000 tons in 2008, and 563,000 tons in 2007. The drop was driven by lower […]

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US flat products imports rise 13% in July

August 10, 2011

Based on reported import licenses and in comparison to preliminary June census data, US flat products imports increased 13% from 706,000 short tons in June to 798,000 tons in July. This can be compared to flat products imports of 600,000 tons in July 2010 and 291,000 tons in July 2009. The rise was driven by […]

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Ternium and Gerdau Q2 2011 financial results

August 4, 2011

This week Ternium and Gerdau announced Q2 earnings.  See links to each company’s press release below. Ternium press release Gerdau press release As expected both companies’ results improved relative to Q1.  Ternium reported EBITDA per net ton of $190, up from $164 in Q1.  Again one of the better numbers achieved among companies tracked in […]

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Nucor and Steel Dynamics report Q2 2011 results

July 21, 2011

This week Nucor and Steel Dynamics kicked off the second quarter earnings season among steel companies.  Links to each company’s earnings release appear below. Nucor Q2 earnings announcement Steel Dynamics Q2 earnings pdf Financial performance of the two companies was quite different in Q2 as can be seen in the Nerds of Steel Earnings Spreadsheet. […]

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