Posts tagged as:

operating income

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 […]

Read the full article →

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 […]

Read the full article →

Gerdau & Severstal NA 2010 financial results

March 9, 2011

Gerdau and Severstal recently announced Q4 and full year 2010 financial results.  Links to the companies’ respective earnings releases are below. Gerdau press release Severstal financial results presentation As usual, Gerdau’s results were above average.  The company’s EBITDA per ton was $159 for the year, second only to Ternium among companies tracked in the Nerds […]

Read the full article →

ArcelorMittal and Ternium report 2010 results

February 22, 2011

ArcelorMittal and Ternium have now reported Q4 and full year 2010 financial results.  Links to the companies’ press releases appear below. ArcelorMittal press release in English Ternium press release Both companies saw EBITDA per ton drop in Q4 vs. Q3 2010.  However, among the companies tracked in the Nerds of Steel earnings spreadsheet, these two […]

Read the full article →

Q4 2010 financial results – AK, Nucor, Steel Dynamics, and US Steel

February 7, 2011

The first batch of companies have reported Q4 and full year 2010 financial results.  The links below will take you to each company’s earnings release. AK Steel Nucor Steel Dynamics US Steel The final quarter of 2010 was not great for the companies listed above.  EBITDA per ton was generally lower in Q4 than in […]

Read the full article →

Severstal NA Q3 2010 results

November 17, 2010

Severstal recently announced Q3 2010 financial results.  The company’s press release can be found here and the operational report is here.  The North American business had a rough quarter.  EBITDA per ton fell to negative $38, down from positive $31 in Q2 despite the fact that 3 of Severstal’s 4 US plants ran at 100% […]

Read the full article →