From the category archives:

Finance

AK Steel Q1 2009 results

April 22, 2009

AK Steel reported Q1 2009 results yesterday.  See the company’s press release here.  As expected operating income and EBITDA fell dramatically, along with AK’s quarterly shipments.  EBITDA per ton was ($58) in Q1 2009, down from $142 in Q1 2008 and $57 in Q4 2008. It will be interesting to see how the rest of […]

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Ternium 2008 financial results

February 24, 2009

Ternium announced 2008 financial results today.  You can read the company’s press release here.   Ternium’s EBITDA per ton in Q4 fell significantly from Q3 but remained near the top of the  companies we follow on a regular basis on the Nerds of Steel earnings spreadsheet.

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Gerdau Ameristeel and Gerdau SA 2008 financial results

February 21, 2009

Gerdau Ameristeel and Gerdau SA released 2008 financial results on February 19.  Gerdau Ameristeel’s results can be found here and Gerdau SA’s here. Both companies’ operating income and EBITDA per ton fell in Q4 relative to Q3.  Gerdau SA’s EBITDA per ton remained solidly positive while Gerdau Ameristeel’s EBITDA per ton fell into negative territory. […]

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ArcelorMittal 2008 financial results

February 11, 2009

ArcelorMittal announced 2008 financial results today.  Shipments in Q4 were 18.7 million net tons, down 33% from Q3.  EBITDA per net ton also fell dramatically, from $304 in Q3 to $149 in Q4. The company expects Q1 2009 shipments of 17.6 to 18.7 million net tons, off only modestly from Q4 2008’s depressed level.   But […]

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AK, Nucor, Steel Dynamics, US Steel 2008 results

January 27, 2009

Four US-based steel companies announced Q4 and full year 2008 financial results today.  EBITDA and operating income per ton data for the quarter and the year have been added to the Nerds of Steel earnings spreadsheet. If you want to see the earnings announcements click on a company below. AK Steel Nucor Steel Dynamics US […]

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ArcelorMittal, Gerdau, Gerdau Ameristeel, Ternium Q3 results

November 6, 2008

Financial results for Q3 2008 have been reported by ArcelorMittal, Gerdau, Gerdau Ameristeel, and Ternium. Operating income per ton and EBITDA per ton can be found on the Nerds of Steel earnings spreadsheet. Press releases announcing quarterly results for each company can be found by following the appropriate link below. ArcelorMittal’s Q3 results. Gerdau’s Q3 […]

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