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financial results

AK, US Steel, and Posco Q2 2011 results

July 26, 2011

The next wave of Q2 earnings results are in.  Below are links to the latest results of companies tracked in the Nerds of Steel earnings spreadsheet. AK Steel’s Q2 earnings release US  Steel’s Q2 earnings release Posco’s Q2 earnings presentation All three companies reported improved performance in Q2.  AK Steel’s EBITDA per ton rose from $55 in Q1 […]

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Nucor and Steel Dynamics report Q2 2011 results

July 21, 2011

This week Nucor and Steel Dynamics kicked off the second quarter earnings season among steel companies.  Links to each company’s earnings release appear below. Nucor Q2 earnings announcement Steel Dynamics Q2 earnings pdf Financial performance of the two companies was quite different in Q2 as can be seen in the Nerds of Steel Earnings Spreadsheet. […]

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ArcelorMittal Q1 2011 financial results

May 11, 2011

ArcelorMittal announced Q1 results today.  See the press release here.  Like other top performing companies tracked on the Nerds of Steel Earnings spreadsheet, ArcelorMittal achieved EBITDA per ton over $100 in Q1.  The company’s actual EBITDA was $106, up from $80 in Q4 2010.

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Gerdau, Posco, and Ternium Q1 2011 results

May 6, 2011

First quarter 2011 results for three more companies have been added to the Nerds of Steel Earnings Spreadsheet.  Links to each company’s earnings announcement can be found by clicking on the company name below. Gerdau POSCO Ternium As has been the case consistently, these three companies performed very well in Q1, reporting higher EBITDA per […]

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AK and US Steel announce Q1 2011 results

April 26, 2011

Today, both AK Steel and US Steel announced earnings for the first quarter of 2011.  Links to the respective press releases appear below. AK Steel US Steel Both companies reported improved results in Q1.  AK’s EBITDA per ton shipped jumped to $50, up dramatically from the $77 of negative EBITDA reported in Q4 2010.  US […]

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Steel Dynamics & Nucor report Q1 profits

April 21, 2011

This week Steel Dynamics and Nucor announced first quarter 2011 financial results.  Links to each companies’ earnings press release appear below. Steel Dynamics Nucor Both companies reported improved financial results compared to Q4 2010 and described their quarters as “strong”.  Steel Dynamics achieved EBITDA per ton of $111 in the first quarter, up from $49 […]

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