November 9, 2016
Rounding out Q3 earnings, we now have results from ArcelorMittal, Gerdau, and Ternium. ArcelorMittal’s EBITDA per ton was basically unchanged at $78 in Q3 vs. $77 in Q2. Gerdau reported a slight improvement in EBITDA per ton (to $89 from $77) on lower shipments, while Ternium saw a big jump in EBITDA per ton, from […]
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November 2, 2016
More third quarter earnings have been released and we’ve updated the Nerds of Steel earnings spreadsheet, which holds the data behind the chart that appears below. Among recently reporting companies, three achieved better EBITDA per ton in Q3 vs. Q2 and two companies saw a deterioration in financial performance. Improvements were posted by AHMSA, which […]
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