Earnings & Finance
Financial announcements from the world's steelmakers.
Latest News
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.
U. S. Steel Reports Q4 and 2021 Annual Earnings
28 January 2022 - United States Steel Corporation president and chief executive David B. Burritt said the organization is a “fundamentally different company from a year ago” as it reports record earnings in 2021.
Record Earnings on the Books for Nucor
27 January 2022 - Nucor Corp. today announced higher-than-expected earnings for the quarter ending 31 December 2021.
SDI Chalks Up Record Quarterly and Annual Earnings
25 January 2022 - The steelmaker announced record quarterly and annual earnings in its steel, steel fabrication and metals recycling segments in a press release yesterday.
CMC Reports Record First-Quarter Results
11 January 2022 - Commercial Metals Company (CMC) yesterday announced financial results for its fiscal first quarter ending 30 November 2021, which included record core EBITDA levels for the third consecutive month.
Another Record Quarter Expected for SDI
17 December 2021 - Steel Dynamics Inc. (SDI) provided earnings guidance yesterday for the fourth quarter of 2021 ranging from US$5.46 to US$5.50 per diluted share.
Nucor Anticipates Another Record Quarter
15 December 2021 - In a press release today, Nucor Corp. issued guidance for its fourth quarter ending 31 December 2021, which it expects to be the highest in the company’s history.
Cleveland-Cliffs Announces Record Third-Quarter Results
22 October 2021 - The company today reported consolidated revenues of US$6 billion and net income of US$1.3 billion for the quarter ending 30 September 2021.
Nucor Reports Record Quarter, Expects Another
21 October 2021 - Nucor Corp. has reported record earnings in each consecutive quarter in 2021, and the company announced today it expects the same for the fourth quarter and possibly into 2022, citing strong demand and higher average selling prices.
SDI Reports Record Third Quarter
20 October 2021 - In an investors call earlier this week, Steel Dynamics Inc. (SDI) chairman and chief executive Mark Millett said the company saw third-quarter net sales of a record US$5.1 billion and net earnings of US$991 million.
SAIL Ready for Expansion, Says Chairman
29 September 2021 - Steel Authority of India Ltd. (SAIL) chairman Soma Mondal on Tuesday said the company is ready to move to the next phase of expansion, according to reports.
U. S. Steel Anticipates Strong Third Quarter
20 September 2021 - United States Steel Corporation has provided guidance for the third quarter of 2021, which the company calls a “quarter of records,” according to a press release.
Nucor Expects Record Third-Quarter Earnings
16 September 2021 - In announcing guidance for its third quarter, Nucor Corp. today said its earnings are expected to be the highest quarterly earnings in the company’s history.
SDI Sees Another Profitable Quarter on the Horizon
15 September 2021 - Steel Dynamics Inc. (SDI) is forecasting a record third quarter, driven again by strong demand and elevated prices.