Earnings & Finance

Financial announcements from the world's steelmakers.

Latest News

SMS group Incoming Orders Reach 10-Year High

23 June 2022 - Mill equipment manufacturer SMS group said its order intake rose to its highest level in a decade, reaching EU3.5 billion in fiscal 2021.

Commercial Metals Company Forecasts Healthy Steel Demand

20 June 2022 - Fears of a recession to the contrary, Commercial Metals Company (CMC) executives said demand for rebar and other construction steels appears healthy.

U. S. Steel Expects Strong Q2

17 June 2022 - United States Steel Corporation expects to report second-quarter EBITDA of approximately US$1.6 billion, a new second-quarter record, the company said Thursday.

Steel Dynamics Expects a Record Q2

16 June 2022 - Steel Dynamics Inc. said it expects to report another record quarter later this summer, driven in part by strong steel demand and profitability at its steel mills.

Nucor Sees Another Earnings Record on the Horizon

15 June 2022 - Strong steel demand is expected to propel Nucor to its highest quarterly earnings yet, the company said on Wednesday.

ArcelorMittal Rallies Around Ukrainian Employees, Posts Q1 Profit

05 May 2022 - ArcelorMittal has evacuated approximately 1,000 people in Ukraine and, along with its employees, have donated more than US$7 million to support those affected by the war, the company said on Thursday.

U. S. Steel Sees NGO Line Start in 2023, Record Q1 Results

02 May 2022 - United States Steel Corporation’s planned electrical steel line is on schedule and already is generating interest among customers, chief executive David Burritt has said.

Cleveland-Cliffs Reports First-Quarter Earnings Results

25 April 2022 - Cleveland-Cliffs Inc. on Friday reported first-quarter 2022 net income of US$1.50 per diluted share, up from US$0.07 per diluted share in the first quarter of 2021.

Nucor Records Its Most Profitable First Quarter to Date

21 April 2022 - The company announced today it had achieved consolidated net earnings of US$7.67 per diluted share for the first quarter of this year, making it the most profitable first quarter in the company's history.

Record First Quarter for Steel Dynamics

21 April 2022 - The steelmaker announced its first-quarter 2022 results yesterday of US$5.71 per diluted share, up from US$2.03 per diluted share in the first quarter of 2021.

U. S. Steel Provides First Quarter Earnings Guidance

21 March 2022 - United States Steel Corporation last week provided earnings guidance for the first quarter 2022 with adjusted diluted earnings per share expected in the range of US$2.96 to US$3.00.

Nucor, SDI Share Q1 2022 Earnings Guidance

17 March 2022 - Both companies reported strong quarters throughout 2021 and in Q1 of 2022, they are expecting a quarter similar to their last quarters in 2021.

Commercial Metals Company Reports Record Second Quarter Earnings

17 March 2022 - Commercial Metals Company (CMC) earned US$383.3 million in revenue on net sales of US$2 billion in its fiscal second quarter, its second-best performance in the company’s history, according to an official press release.

Cleveland-Cliffs Reports Q4 and Full-Year 2021 Earnings

11 February 2022 - Cleveland-Cliffs Inc. today announced its 2021 full-year earnings of US$5.36 per diluted share, compared to a net loss in 2020 of $0.32 per diluted share. Fourth-quarter net income was US$1.69 per diluted share, compared to US$0.14 per diluted share for the same period in 2020.