Posts by author:

Tony Taccone

A strategy consultant to steel companies for 20 years and a founding partner of First River Consulting, a strategy consulting boutique. Follows the steel industry globally and proudly admits to being a steel nerd.

Posts by Tony Taccone

Canada steel shipments 2007

February 1, 2008

Statistics Canada has just released the November 2007 monthly steel shipment report. Shipments of steel mill products by Canadian mills were just shy of 13.7 million metric tonnes through November. This is very similar to 2006, when shipments through November were slightly above 13.7 million metric tonnes. We maintain a link to these monthly Stats […]

Read the full article →

Nucor 2007 quarterly and annual financial results

January 24, 2008

Nucor’s fourth quarter and 2007 full year operating income/ton and EBITDA/ton have been added to our quarterly results spreadsheet. The spreadsheet is hosted on the Editgrid site, which allows people to share spreadsheets on the web. When you’re looking at my post on quarterly financial results, you can open the online version of the quarterly […]

Read the full article →

AK Steel Q4 2007 results

January 22, 2008

AK Steel announced Q4 and full year 2007 results today. Operating income for Q4 was $98 per ton and EBITDA was $128 per ton. AK indicated that Q1 2008 operating income should be around $100 per ton. I’ll be tracking quarterly results in an on-line spreadsheet here.

Read the full article →

Is R for recession or resilience?

January 9, 2008

Goldman Sachs reported today that it believes the US economy will suffer a recession in 2008, and Goldman is not alone.  It seems everyone is worried about the impact of the credit crunch and high energy costs on US consumers.  So, what might a recession mean for shipments by steel producers in the US in 2008?  There is clearly […]

Read the full article →

Global steel demand poised to grow along with GDP

December 18, 2007

Until a few years ago the steel industry was considered mature, and the moniker was accurate. Global steel demand grew more slowly than did the world’s population. In much of the developed world, demand for steel was stagnant after having gone through a long period of decline. Since 1998, however, the steel industry seems to […]

Read the full article →

China demand expected to grow by 60 MT in 2008

December 14, 2007

The latest issue of the China Metallurgical Newsletter has Chinese steel industry data through October 2007. Based on the first ten months it looks like finished steel demand is likely to come in around 510 million tonnes for the 2007, while net exports are likley to finish 2007 at around 45 million tonnes (exports 62 […]

Read the full article →

← Previous Entries

Next Entries →