From the category archives:

Nerds Only

US flat products imports drop another 19% in May

June 19, 2009

Based on reported import licenses, flat products imports into the US declined 19% from 433,000 short tons in April to 351,000 tons in May. This compares to 816,000 tons of flat products imports in September 2008 when we started collecting the license data. Cut plate, hot roll, cold roll, and hot dip galvanized imports all […]

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World crude steel production rises 7.4% in May

June 19, 2009

Worldsteel published its world crude steel production report today showing a 21% year on year decline in production through May, but a 7.4% bounce sequentially from April. Of particular note is the vigor of Chinese production which at 46.4MT is just a shade lower than the record production of 46.9MT in June last year. Follow […]

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US long products imports rise 3% in May

June 18, 2009

Based on reported import licenses, US long products imports rose 3% from 97,000 short tons in April to 100,000 tons in May. This can be compared to 242,000 tons of long products imports in May 2008. The most significant changes by product category were a rise in rebar imports from 31,000 tons in April to […]

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World crude steel production slips 3% in April

May 21, 2009

The World Steel Association published the latest global crude steel production data yesterday. It’s now in the Nerds crude steel production spreadsheet below. The data (which as mentioned previously) are often significantly revised in later bulletins show a 3% decline month to month from March to April and 24% decline year on year 2008 to […]

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Gerdau SA and Gerdau Ameristeel Q1 2009 earnings

May 12, 2009

Gerdau SA and Gerdau Ameristeel released Q1 2009 earnings recently.  You can see Gerdau’s release here and Gerdau Ameristeel’s release here.  Both companies had positive EBITDA per ton in the first quarter, $77 for Gerdau and $33 for Gerdau Ameristeel.  Among the companies tracked on the Nerds of Steel earnings spreadsheet, about half have posted […]

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Ternium Q1 2009 results

May 5, 2009

Yesterday after the market closed Ternium announced Q1 2009 financial results.  You can see the release here.  The company posted positive EBITDA of $57 per ton, the highest we’ve seen so far among the companies tracked on the Nerds of Steel earnings spreadsheet.

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