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financial results

Posco reports Q2 earnings

July 13, 2010

Posco reported very impressive Q2 earnings today.  See the company’s earnings presentation here.  EBITDA per ton shipped was $237 for Q2, up from $211 in Q1.  The company seems fairly bullish about global steel demand for this year, which is forecast to finish 2010 up 12% at 1,255 million tonnes (MT), from 1,120 MT  in […]

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Gerdau Ameristeel and Gerdau report Q1 earnings

May 24, 2010

Gerdau Ameristeel and Gerdau announced Q1 2010 earnings recently.  Links to each company’s press release appear below. Gerdau Ameristeel Q1 2010 earnings release Gerdau Q1 2010 earnings release Gerdau’s EBITDA for Q1 was $172 per ton, a very strong result and the third highest we’ve seen among companies tracked in the Nerds of Steel earnings […]

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ArcelorMittal and US Steel announce Q1 2010 earnings

April 29, 2010

Q1 2010 earnings season continues.  This week ArcelorMittal and US Steel announced results.  Links to both companies’ announcements appear below. ArcelorMittal Q1 earnings press release US Steel Q1 earnings press release ArcelorMittal posted EBITDA per ton of $80 in the quarter, similar to the numbers reported by AK Steel and Steel Dynamics last week.  US […]

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Ternium 2009 results

February 24, 2010

This morning Ternium released financial results for 2009.  The press release can be found here.   As has been the case for several years, Ternium continued to be among the top performers tracked on the Nerds of Steel earnings spreadsheet. For the full year of 2009, the company achieved average EBITDA per ton of $100.  This […]

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Steel Dynamics – 2009 financial results

February 4, 2010

Steel Dynamics announced Q4 and full year 2009 financial results yesterday.  The press release can be found here.  STLD’s EBITDA per ton for the full year was $54, the best we’ve seen so far among the companies we track in the Nerds of Steel earnings spreadsheet.

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2009 Q4 earnings – AK, Nucor, and US Steel

February 2, 2010

The fourth quarter earnings season swung into action last week. Sorry for the delay in getting this post out, but I was in Florida making a presentation at the AMM State of Steel Conference. More on that tomorrow. Three companies reported reported Q 4 earnings last week.  Their respective press releases can be found at the following links: AK […]

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