February 23, 2017
Gerdau and Ternium released Q4 and full year 2016 earnings this week. Average EBITDA per ton for both companies rose in 2016 as compared to 2015. Gerdau’s EBITDA per ton rose from $58 to $70 and Ternium’s jumped from $98 to $144. Ternium’s average EBITDA per ton for 2016 ($144) was the highest among the […]
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February 21, 2017
Based on reported import licenses, US long products imports rose 21% from 365,000 short tons in December to 441,000 tons in January. Long products imports in January 2016 were 412,000 tons and in January 2015 they were 403,000 tons. The increase between December and January was mainly due to higher rebar imports from Turkey, though […]
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