Earnings
Nucor expects slimmer profits in early 2025
While Nucor expects to earn less than half of what it did the prior quarter, U.S. Steel anticipates losing money this quarter.
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Greif CEO says Q1 results highlight ‘resilience’ of new business model
The company’s first-quarter net income is down significantly, but CEO Ole Rosgaard says implementing the new model amid “multiple headwinds” demonstrates a willingness to invest in the future while managing the present.
Befesa remains profitable, increases revenue in 2024
Metals production byproducts recycler nets $53 million in 2024 and credits positive zinc pricing environment.
GFL‘s 2024 results ‘exceed expectations’
The company reported a fourth quarter revenue of $1.98 billion.
Cascades looks to mitigate tariff risk
During a Feb. 20 earnings call, CEO Hugues Simon said the company is implementing “a variety of initiatives” to mitigate its tariff risk, including raw material sourcing and reallocating production.
Sims’ late 2024 earnings decline from 1 year earlier
Recycling company’s CEO calls it “a strong performance against a challenging market.”
Cleveland-Cliffs loses $700M in 2024
CEO cites sluggish domestic auto sector for lack of demand for American steel.
Gerdau Q4 results show drop-off in business
The global steelmaker remained profitable, but its shipments and earnings declined in last year’s fourth quarter compared with the prior three months.
Century Aluminum sees record production at Sebree, Kentucky, smelter
In its year-end financial report, the company notes net sales of $2.2 billion and the highest annual production volume at its Sebree, Kentucky, plant over the past five years.
Ternium reports Q4 loss but maintains 2024 profitability
Steelmaker with operations in Latin America expects improved margins and stable-to-recovering shipment volumes in 2025.
Hydro grows postconsumer scrap use in 2024
The company says it has reached its 2025 decarbonization targets as well as key milestones on its path to its 2030 and 2050 targets.
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