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operating income

US Steel and AK Steel Q2 2010 results

July 27, 2010

US Steel and AK Steel reported Q2 2010 results today.  US Steel’s press release can be found here and AK’s results are here.  Both companies showed improved EBITDA per ton.  AK’s Q2 EBITDA per ton was $83, up very marginally from $82 in Q1.  US Steel’s improvement was more substantial.  EBITDA per ton rose to […]

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Nucor, Steel Dynamics, and California Steel Q2 2010 earnings

July 22, 2010

Second quarter results are starting to come in.  This week, Nucor, Steel Dynamics, and California Steel announced Q2 2010 earnings.  Nucor’s earnings release can be found here, Steel Dynamics’ here, and California Steel’s here. Of the three companies California Steel had the highest EBITDA per ton, reporting $102 up from $72 in Q1 2010.  This compares […]

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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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