May 5, 2017
Three more companies released Q1 2017 earnings this week. AHMSA’s EBITDA per ton jumped to $53, from a loss of $11 last quarter. Gerdau reported $64 as compared to $39 in the fourth quarter of last year. The biggest improvement was recorded by TimkenSteel: shipments were up 50% in the quarter and EBITDA per ton […]
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August 3, 2016
AHMSA and Ternium recently released Q2 2016 financial results. Consistent with other mills we follow, both companies reported improved EBITDA per ton in the second quarter as compared to the first quarter. AHMSA’s EBITDA per ton rose from $46 to $51, while Ternium saw an increase to $137 from $113.
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