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Data

US long products imports drop 15% in April

May 20, 2016

Based on reported import licenses, US long products imports fell 15% from 511,000 short tons in March to 432,000 tons in April. Long products imports in April 2015 were 516,000 tons and in April 2014 they were 505,000 tons. Longs imports for the first 4 months of 2016 were 8% lower than in the same […]

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US flat products imports rise 10% in April

May 11, 2016

Based on reported import licenses, US flat products imports rose 10% from 784,000 short tons in March to 864,000 tons in April. Flat products imports in April 2015 were 1,088,000 tons and in April 2014 they were 1,055,000 tons. Imports of flat products for the first four months of 2016 were 31% lower than in […]

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ArcelorMittal, Gerdau, SSAB, TimkenSteel Q1 earnings

May 6, 2016

We now have Q1 2016 earnings for ArcelorMittal, Gerdau, SSAB, and TimkenSteel in the Nerds of Steel earnings spreadsheet. All four mills reported better EBITDA per ton in Q1 that they reported in Q4 of last year. Gerdau reported $59 of EBITDA per ton shipped in Q1, up from $46 in Q4 2015. The performance […]

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AK, Ternium, and US Steel Q1 2016 financial results

April 27, 2016

Yesterday AK Steel, Ternium, and US Steel announced Q1 2016 earnings and we added their results to the Nerds of Steel quarterly earnings spreadsheet. Ternium turned in another strong quarter, recording $125 of EBITDA per ton shipped, up from $102 in Q4 last year. AK Steel’s EBITDA per ton shipped fell in Q1 of this […]

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Q1 2016 earnings – CMC, Nucor and SDI

April 25, 2016

First quarter earnings season is underway and we have data for CMC, Nucor and Steel Dynamics. Steel Dynamics leads the pack so far with EBITDA per ton of $97, up from $62 in Q4 2015. CMC, which reported earnings for the quarter ended Feb 2016, had EBITDA per ton of $83, down from $96 last […]

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China crude steel production 70.7M tonnes in March

April 21, 2016

Worldsteel reported Chinese crude steel production at 70.7 million metric tonnes in March, 2.9% higher than in March 2015 and 13% higher on an average daily basis compared to the February 2016. Output in the first quarter of 2016 was, however, 2.7% lower than in the same period last year due to low January and […]

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