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Finance

Gerdau and Ternium report full year EBITDA

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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Q3 2015 NA steel company EBITDA per ton

November 9, 2015

Most North American steel companies have released Q3 2015 earnings. The chart below shows EBITDA per ton for the companies included in the Nerds of Steel quarterly earnings spreadsheet. As you can see in the chart, some mills are reporting slightly improved EBITDA/ton while others are showing a decline from Q2. TimkenSteel, which is heavily […]

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Q4 2012 earnings

February 1, 2013

Earnings season began with a bang this week as 4 companies reported Q4 and full year 2012 earnings.  Links to press releases can be found below. AK Steel’s earnings release Nucor’s earnings release Steel Dynamics’ earnings release US Steel’s earning release AK Steel’s results were the most disappointing, as the company reported an EBITDA loss […]

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Gerdau and Ternium Q3 2012 results

November 13, 2012

Gerdau and Ternium posted Q3 2012 financial results recently.  Links to the respective press releases can be found below. Gerdau results can be found here Ternium results are here Ternium again turned in a strong performance relative to the companies tracked in the Nerds of Steel earnings spreadsheet, although the company’s EBITDA per ton in the […]

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ArcelorMittal Q3 2012 results

October 31, 2012

ArcelorMittal announced third quarter results today. The press release can be found here. The company’s EBITDA per ton fell to $61 from $102 in the second quarter. Guidance included in the press release suggests that fourth quarter performance will be weak as well, similar to this quarter. Given weak economic conditions and the company’s focus […]

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AHMSA, Commercial Metals, SSAB, US Steel Q3 2012 earnings

October 30, 2012

Four more companies announced third quarter 2012 results this week. Links to the press releases can be found below. AHMSA release Commercial Metals release SSAB release US Steel release Commercial Metals posted the strongest results among these four companies with EBITDA per ton of $69 in the quarter.  AHMSA was second at $53 followed by […]

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