April 25, 2016
First quarter earnings season is underway and we have data for CMC, Nucor and Steel Dynamics. Steel Dynamics leads the pack so far with EBITDA per ton of $97, up from $62 in Q4 2015. CMC, which reported earnings for the quarter ended Feb 2016, had EBITDA per ton of $83, down from $96 last […]
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March 16, 2016
Gerdau and AHMSA released final 2015 financial results recently. Gerdau reported EBITDA per ton of $53 in Q4, down from $62 in Q3. AHMSA’s EBITDA per ton improved in Q4 to $7, up from a $10 loss in Q3. All the companies tracked in the Nerds of Steel earnings spreadsheet have now reported 2015 results. […]
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