Tag: earnings

Steel Dynamics Inc.’s third-quarter profits jumped year over year as the company saw “record” quarterly steel shipments

Cleveland-Cliffs Inc. pointed to signs of recovery in its third-quarter earnings report on Monday. Improved automotive volumes and a better product mix drove sequential gains, but the steelmaker’s financials continue to bled red.

AZZ Inc. delivered steady results in its fiscal second quarter. While infrastructure-heavy work buoyed its Metal Coatings segment, its Precoat Metals business navigated softer building markets and tariff-driven uncertainty.

Worthington Enterprises’ consumer and construction-facing businesses delivered a confident opening act to fiscal 2026. But the story is nuanced — especially where tariffs, volumes, and HVAC demand intersect.

Nucor's third-quarter earnings will be down quarter-over-quarter, but still higher than a year earlier.

Steel Dynamics Inc. is bullish heading into the close of the third quarter, with all three of its operating segments tracking higher.

Australia-based global recycler Sims Ltd. has a rosy long-term outlook, while the company said tariffs are supporting US demand for ferrous scrap.

North Star BlueScope said it is optimistic that US tariffs will bolster selling prices and tighten the spread the Australia-based steel maker suffered in 2025.

Russel Metals posted its strongest quarterly revenue in three years, fueled by higher steel prices, steady demand, and near-record shipments across its service center network.

Nippon Steel earnings take hit from buy of U.S. Steel.

Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.

Canada’s Algoma Steel saw a sharp loss in the second quarter amid a continued challenging market environment and “tariff uncertainties.”

SunCoke Energy reported a steep year-on-year drop in second-quarter earnings, weighed down by weaker coke sales and logistics volumes. Still, the company reaffirmed its full-year outlook and moved closer to acquiring Phoenix Global.

Ryerson’s earnings slumped in the second quarter amid “recessed” demand.

GrafTech International attributed its second-quarter net loss to a non-cash tax expense and lower weighted average realized prices.

Nucor reported a sharp sequential rebound in the second quarter, buoyed by improved pricing and strong shipments. But the steelmaker is bracing for a modest slowdown in the months ahead.

Reliance Inc. reported record second-quarter tonnages, with 1.62 million tons sold in the second quarter of 2025, a 4% increase year over year (y/y).

SDI profits slipped in second quarter amid trade policy volatility.

Tariff threats on Brazil aren't just hitting steel products. Aluminum is also feeling the heat.

Algoma Steel expects a narrower sequential loss in the second quarter, but the company continues to be impacted by the US tariff situation.

AZZ Inc. posted record earnings for the first quarter of its 2026 fiscal year on the back of strong infrastructure-related demand and improved operating performance.

Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

CMC entered the back half of its fiscal year with improving steel margins, steady rebar demand, and confidence in long-term construction fundamentals

Higher prices are boosting the performance of Nucor’s steel mills segment in the current quarter, the company said on Wednesday.

The future of two projects supported in part by funding through the Department of Energy remains uncertain.

With so much happening in the news cycle, we want to make it easier. Here are highlights of what’s happened and a few things to keep an eye on this upcoming week.

Ryerson's net loss shrinks in first quarter.

U.S. Steel CEO praised the company’s resilience, “despite the seasonally low results driven by annual mining logistics constraints in our North American Flat-Rolled segment and lagging spot prices.”

Canada’s Algoma Steel swung to a loss in the first quarter amid "market challenges," and the company now expects first steel production from its first EAF in the second quarter.

The steelmaker now expects the new steel slab mill in Pesquería will begin operations by Q4’26.