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Data

US long products imports flat in October

November 19, 2010

Based on reported import licenses, US long products imports stayed flat in October at 194,000 short tons compared to September imports of 195,000 tons. Imports of all products declined except for beams and structural angles and channels. Beams imports more than doubled from 15,000 tons to 35,000 tons, with the rise coming mainly from Germany, […]

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US flat products imports fall 10% in October

November 11, 2010

Based on reported import licenses, US flat products imports declined 10% from 563,000 short tons in September to 505,000 tons in October. This can be compared to 482,000 tons of flat products imports in October 2009 and 778,000 tons in October 2008. Hot rolled imports fell by 71,000 tons mainly due to lower imports from […]

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Gerdau Q3 2010 earnings

November 8, 2010

Gerdau SA announced Q3 earnings last week.  The company’s press release can be found here.  EBITDA per ton was down to $149 in Q3 from $193 in Q2.  Even though it fell, Gerdau’s EBITDA per ton was still quite good in relation to the other companies tracked in the Nerds of Steel earnings spreadsheet. Those […]

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Ternium Q3 2010 earnings

November 4, 2010

Ternium announced Q3 earnings yesterday after the market closed.  See the company’s press release here. EBITDA per ton fell in the quarter to $164, down from $202 in Q2. As usual Ternium’s profitability was near the top of the list among companies tracked in the Nerds of Steel earnings spreadsheet.

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AK, ArcelorMittal, US Steel and Posco Q3 earnings

October 26, 2010

Third quarter earnings announcements continued this week. The most recent companies announcing Q3 financial results are shown below, along with links to their earnings reports: AK Steel’s press release can be found here ArcelorMittal’s press release is here US Steel’s press release is here A couple weeks ago, Posco also released Q3 earnings but it […]

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Nucor & Steel Dynamics announce Q3 results

October 22, 2010

This week Nucor and Steel Dynamics announced Q3 2010 earnings results.  Nucor’s press release can be found here and Steel Dynamics’ release is here.   Both companies saw operating income and EBITDA per ton drop off relative to Q2.  You can see quarterly operating income and EBITDA per ton in the Nerds of Steel earnings spreadsheet.

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