August 19, 2008
US long products imports remained low at about 270,000 short tons in July, as reported by SIMA import licenses. May and June imports were similarly low (242,000 tons and 269,000 tons respectively) compared to peak 2008 levels of 440,000 tons in April. The April peak was due to rebar and wire rod imports that were […]
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July 17, 2008
Nucor announced Q2 2008 results today. EBITDA per ton was $185, up from $144 in Q1. Check it out in the Nerds of Steel earnings spreadsheet. The increase was a result of higher steel prices and the impact of the David J. Joseph acquisition in February 2008. Nucor’s balance sheet improved markedly as a result […]
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