Tag: earnings

Nucor expects first-quarter 2026 earnings to be higher both sequentially and on-year, with its steel mills segment logging the largest increase.

Steel Dynamics Inc. expects a sharp jump in first-quarter earnings, driven by stronger steel and recycling margins, steady fabrication results, and continued progress at its aluminum mill.

Klockner & Co.'s North American business closed 2025 with its strongest fourth quarter on record, even as pricing and currency effects weighed on revenue. The update comes as Worthington Steel moves close to securing control of the German distributor through an ongoing public takeover bid.

Algoma Steel Inc. added to its mounting losses during the fourth quarter. Sales and shipments plummeted as ongoing trade tensions between Canada and the US force the Sault Ste. Marie, Ontario-based steelmaker to reconfigure its entire business model.

Grupo Acerero SA de CV (GASA) reported increasing shipments at the end of 2025 as the steel producer ramps up a new slab mill in north-central Mexico.

Gerdau’s North American operations closed the fourth quarter of 2025 with another solid performance, according to its parent company’s most recent financial report. Supporting the steelmaker are resilient demand in key end-use markets and a continued rebalancing of domestic supply and imports.

Ryerson Holding Corp. posted a loss in the fourth quarter and full-year 2025. But the Chicago-based service center group struck an optimistic tone as it began integrating Olympic Steel and is seeing early signs of a manufacturing rebound.

Ternium SA closed 2025 under pressure from lower steel prices and softer shipments. But the Latin American steelmaker expects both volumes and margins to improve early in 2026 as Mexico’s trade defenses tighten and US tariff uncertainty begins to settle.

Reliance Inc. reported record tons sold in 2025 as the company’s earnings improved in the quarter.

SunCoke Energy is heading into 2026 with a smaller coke footprint, firmer margins, and a fully sold-out book. Contract shifts, market softness, and an alleged breach by a major customer are reshaping the company’s supply position.

Friedman Industries delivered a strong fiscal third quarter, posting sharp gains in sales, shipments, and margins across both its flat-rolled and tubular segments.

Cleveland-Cliffs Inc. continued to bleed red in the final quarter of 2025. But the steelmaker expects profitability to improve in 2026 with a troublesome slab contract behind it and more protections from imports in place.

AZZ Inc. expects steady top-line growth and improved annual earnings, capitalizing on new capacity ramp-up and strong downstream demand.

GrafTech International closed 2025 with firmer sales volumes and significant cost reductions. But the graphite electrode producer remained deep in the red as global oversupply and aggressive competitor pricing continued to pressure realized prices.

ArcelorMittal’s North American operations posted lower sequential results in the fourth quarter. But with operations returning to normal in Mexico, the company expects to see a volume recovery in the first quarter.

SSAB Americas delivered higher shipments and a stronger operating result in the fourth quarter of 2025. The company saw firm demand in key US end markets and a solid finish to the year despite a planned maintenance outage.

Nucor Chair and CEO Leon Topalian is bullish on the outlook for 2026. And noted that the Charlotte, NC-based steelmaker remains in the hunt for M&A opportunities.

Nucor reported higher profits in the fourth quarter on-year, and expects sequential improvements across all segments in the current quarter.

Steel Dynamics Inc. reported higher Q4 profits despite lower contract prices for flat-rolled steel and more outages than usual in the quarter.

Algoma Steel Group Inc. is preparing to report another significant quarterly loss as it winds down its blast furnace operations and ramps up electric-arc furnace steelmaking.

CMC’s earnings jumped in the company's first fiscal quarter of 2026 on strong market conditions in North America.

AZZ Inc. posted record sales in its fiscal third quarter, driven by strong hot-dip galvanizing and coil coating demand tied to infrastructure, energy transition, and data center construction.

Steel Dynamics Inc. expects its fourth-quarter earnings to be weaker than in the previous quarter, albeit still higher than last year. Longer-than-expected mill outages impacted flat-rolled steel volumes in the quarter.

Nucor has guided to lower earnings sequentially in the fourth quarter but higher on-year.

Deere & Company's latest earnings report put a spotlight on the mounting costs of tariffs across the agricultural and heavy machinery sectors.

Flat-rolled metals processor and pipe manufacturer Friedman Industries achieved record sales volume in its fiscal second quarter.

Russel Metals posted mixed financial results in its third-quarter earnings report. The Mississauga, Ontario-based metals processing and distribution company generated Canadian $35 million (US$53.5 million) in net income for Q3'25, representing a 1.4% increase from the same quarter in 2024.

North America continues to anchor Klöckner & Co.’s performance in 2025. The Kloeckner Metals Americas segment delivered robust earnings in the third quarter despite softer steel prices.

Nippon Steel is positioning U.S. Steel as a cornerstone of its global growth strategy, highlighting the US as the most developed and demand-rich market, especially for premium steel products used in the automotive, energy, and infrastructure sectors.

Consolidation of its Calvert operation supported ArcelorMittal's North American operations in the third quarter, despite ongoing Section 232 tariffs and outages at facilities in Mexico.