From the category archives:


Who is expanding (or closing) capacity in the North American steel industry? Here’s your list

February 17, 2017

To keep track of North American steel industry capacity additions, closures, idlings, and restarts we put together a downloadable list with links to announcements and/or news sources. The spreadsheet is organized by product (upstream, carbon long products, carbon flat roll, stainless & silicon, pipe & tube, downstream, and steel-related) and can be viewed on the […]

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“Buy American” video – Steel & the Stimulus Package

February 16, 2009

CBS News magazine 60 Minutes last night reported on the “Buy American” steel aspects of the current stimulus package. The video below features Nucor employees and CEO Dan DiMicco. One of the most interesting comments comes from a group of inside salespeople who explain how in one week in December total orders were negative as […]

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NLMK Briefing on John Maneely Acquisition

August 25, 2008

Here is an excellent profile of pipe and tube maker John Maneely (JMC) in PDF format produced by NLMK at the time of their acqusition of JMC on August 12, 2008. It provides some very interesting detail on the size and shape of some of JMC’s major tube markets in the US. Click on the link below to open […]

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Novolipetsk buys Tube Operations for $3.5Bn

August 13, 2008

For those looking for more details on today’s NLMK acquisition of the John Maneely tube operations from Carlyle, Bloomberg has a good piece here. It looks like they paid about $1,665/ton for operations generating about $230/ton of EBITDA. Here are some of the salient details from the Bloomberg article: In the year ended June 30, […]

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World’s largest steel producers in 2007

July 16, 2008

Here’s an update of the IISI’s list of the world’s largest steelmakers in 2007 in a form you can do something with. The data on the 2006 tab is from Metal Bulletin and has their list for 2005.  

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Severstal NA Q1 results

May 22, 2008

Severstal North America’s Q1 2008 financial results have been added to the Nerds of Steel earnings spreadsheet. SNA had EBITDA per ton of $171 in Q1 2008 up from $39 in Q1 2007. However, this result includes a $156 million gain from the buyout of a long term electricity supply contract. Without the one-off gain, […]

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