Posts tagged as:

EBITDA

AK Steel Q3 results

October 21, 2008

AK Steel reported Q3 results today. You can see the results here. EBITDA for Q3 was $246/ton while operating income was $210/ton. AK projects Q4 shipments will be down 5% and operating income will fall to around $100 per ton. AK’s results are tracked against its peers on the Nerds of Steel earnings spreadsheet.

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Nucor and Steel Dynamics quarterly results

October 20, 2008

Nucor and Steel Dynamics announced Q3 results last week. Nucor’s results can be found here and Steel Dynamic’s here. Nucor’s EBITDA was very strong at $206/ton and included for the first time a full quarter’s impact of the David J. Joseph acquisition. Steel Dynamics result’s were also strong, with EBITDA of $161/ton. Check out these […]

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Gerdau SA and Gerdau Ameristeel Q2 results

August 7, 2008

Gerdau SA and Gerdau Ameristeel reported Q2 results today. Gerdau SA’s results can be found here and Gerdau Ameristeel’s results can be found here. EBITDA per ton was strong for both companies – $260 for Gerdau SA and $197 for Gerdau Ameristeel. You can compare these results to other companies on the Nerds of Steel […]

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Ternium Q2 results

August 6, 2008

Ternium announced Q2 results yesterday. This is the first time we’ve seen the company’s financial results excluding SIDOR, the Venezuelan steel company that was renationalized earlier this year. This first look at Ternium ex SIDOR is encouraging – Q2 EBITDA per ton was $314, well above other North American steel companies tracked in the Nerds […]

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ArcelorMittal Q2 2008 financial results

July 30, 2008

ArcelorMittal posted impressive Q2 results today. EBITDA per ton was $245, up from $157 in Q1. As can be seen in the Nerds of Steel earnings spreadsheet, the $245 per ton of EBITDA is well ahead of its North American peers. Of course, ArcelorMittal benefits more than any other steel producer from the breadth of […]

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US Steel Q2 results

July 29, 2008

US Steel announced its results for Q2 2008 today. EBITDA per ton was $158, up dramatically from $62 in Q1 2008. After consistently trailing its NA peers in 2007 and Q1 2008, US Steel is now in line with the rest of the industry as can be seen in the Nerds of Steel earnings spreadsheet.

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