April 29, 2008
Today US Steel reported first quarter 2008 financial results. EBITDA per ton was $62, which is up from Q4 2007 but down from the 2007 average of $78. There were some special charges (inventory adjustments and a litigation reserve) which reduced reported operating income and EBITDA. Excluding these charges, EBITDA was $71 per ton, which […]
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April 22, 2008
AK Steel announced earnings today. EBITDA per ton was $142 in Q1, which beat AK’s 2007 average of $129. The company guided towards higher margins in Q2, with operating income per ton expected to hit a record level of $125. This implies Q2 EBITDA per ton close to $160. Check out AK’s results along with […]
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