Posts tagged as:

operating income

Q3 2018 earnings

October 29, 2018

US mills have started reporting Q3 2018 earnings and in most cases EBITDA per ton shipped is higher than in Q2. One exception was CMC, whose EBITDA per ton dropped from $89 to $84. The other mills all reported higher EBITDA per ton: AK $119 to $131, Nucor $171 to $196, SSAB $144 to $158, […]

Read the full article →

AK, ArcelorMittal, Ternium, & US Steel announce Q2 earnings

August 7, 2018

Steel companies recently reporting Q2 earnings all showed improved EBITDA per ton, continuing the industry trend. As can be seen in the chart below, 7 of 10 companies reported EBITDA per ton above $100 in Q2, up from 4 of 10 companies in Q1. Two companies (Ternium and Steel Dynamics) generated over $200 per ton […]

Read the full article →

More Q1 2018 financial results

April 30, 2018

Q1 2018 financial results for five companies have been added to the Nerds of Steel earnings spreadsheet. The companies we added and the Q1 2018 EBITDA/ton for each are shown below. CMC: $63, down from $74 in Q4 2017 SSAB: $109, up from $77 in Q4 Ternium: $171, up from $127 in Q4 TimkenSteel: $50, […]

Read the full article →

Q1 2018 financial results for Nucor and Steel Dynamics

April 20, 2018

Nucor and Steel Dynamics announced Q1 2018 earnings this week and both companies posted strong EBITDA per ton. Nucor’s EBITDA per ton rose to $116 from $94 in Q4 last year, while Steel Dynamics rsoe to $158 from $115.

Read the full article →

AK Steel, ArcelorMittal, and US Steel Q2 EBITDA per ton

July 27, 2017

AK Steel, ArcelorMittal, and US Steel released Q2 2017 earnings and the results have been entered in the spreadsheet behind the graph below. AK’s and ArcelorMittal’s EBITDA per ton were virtually unchanged from the first quarter of this year. AK’s dropped slightly to $115 from $118 and ArcelorMittal’s fell to $93 from $94. US Steel, […]

Read the full article →

CMC, Nucor, SSAB, & SDI Q2 2017 EBITDA per ton

July 24, 2017

The second quarter earnings season has begun and so far we have results from four steel companies tracked by the Nerds. Two companies achieved higher EBITDA per ton in the second quarter as compared to the first quarter: CMC’s EBITDA per ton rose to $97 from $83 and SSAB’s jumped to $135 from $94. The […]

Read the full article →

← Previous Entries