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financial results

Q1 2013 financial results

June 13, 2013

Better late than never.  I’ve entered Q1 2013 financial results into the Nerds of Steel earnings spreadsheet.  Sorry for the tardiness.  In general, Q1 EBITDA per ton was similar to the previous quarter.  About half the companies we track reported lower EBITDA per ton in Q1 2013 vs. Q4 2012, while the other half showed […]

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CMC, Gerdau, & Ternium Q4 2012 financial results

March 1, 2013

More financial results have been added to the Nerds of Steel earnings spreadsheet.  Below are links to earning’s reports for three companies. Commercial Metal’s earnings release (for the period ending Nov 2012) Gerdau earnings release Ternium earnings release All three companies achieved similar EBITDA per ton in Q4: CMC $97, Gerdau $91, and Ternium $95.  Among […]

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ArcelorMittal, Essar Algoma, and SSAB results

February 15, 2013

More Q4 earnings results have been released. See links to press releases below. ArcelorMittal Q4 earnings release Essar Steel Algoma Q4 earnings release SSAB Q4 earnings release ArcelorMittal achieved EBITDA per ton of $60 during the quarter, almost the same as Q3.  For the full year, ArcelorMIttal’s EBITDA per ton was $77. Essar Steel Agloma recorded […]

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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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