From the category archives:

Data

ArcelorMittal, Gerdau, Gerdau Ameristeel, Ternium Q3 results

November 6, 2008

Financial results for Q3 2008 have been reported by ArcelorMittal, Gerdau, Gerdau Ameristeel, and Ternium. Operating income per ton and EBITDA per ton can be found on the Nerds of Steel earnings spreadsheet. Press releases announcing quarterly results for each company can be found by following the appropriate link below. ArcelorMittal’s Q3 results. Gerdau’s Q3 […]

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Steel industry capacity utilization falls below 70%

November 5, 2008

Data just released by the AISI shows raw steel capacity utilization at 67.3% during the last week of October, down from close to 90% a couple months ago.  How does utilization below 70% compare to previous recessions?  And how long might it last?  A review of historical data is always a good place to start […]

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China results for Sept: crude production drops 7%

November 5, 2008

Crude steel production in China dropped 7% between August and September, falling to 39.61 million metric tonnes. This is the lowest crude production level since the June peak of 46.94mt. Net exports dropped from 6.35mt to 5.39mt in September due to a 1mt decline in exports.  

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2008 World Steel Production by Country by Month

October 30, 2008

As we get set to start measuring the change in global steel production in the fourth quarter, we’ve loaded a useful file to the Freeloads page. It contains all World Steel Association (IISI) crude steel production data back to 1998. It’s annual 1997-2007 and monthly for 2008 through September. The latest data release was October 22nd. You’ll […]

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US Steel Q3 results

October 29, 2008

Yesterday US Steel announced Q3 2008 earnings.  According to the press release this was the most profitable quarter in the company’s history.  EBITDA was $229/ton and operating income was $206/ton.  You can see US Steel’s 2007 and 2008 quarterly EBITDA and operating income per ton and compare the company’s performance to some of its peers […]

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Steel producer output reductions by date

October 23, 2008

Reuters India has very helpfully provided a chronology of recent steel industry production cuts going back to the middle of September. This is the link to the article. While the FT today reports the slowdown of Chinese steel production. The essence of the FT report is this… Shan Shanghua, secretary-general of the China Iron and Steel Association, […]

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