From the category archives:

Data

US long products imports show small rise

November 19, 2008

US long products imports licenses grew marginally to 241,000 short tons in October from 233,000 tons of actual imports in September. As predicted in an earlier post, rebar licenses declined (to 37,000 tons from 58,000 September actuals) and wire rod licenses increased (to 143,000 tons from 97,000 September actuals). China accounted for a big portion […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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.  

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →