John Ferriola – Chairman, Chief Executive Officer and President Significant work remains to be done to achieve effective enforcement of US trade laws ” Through the first half of 2017, finished steel imports have increased an estimated 15% compared to … Continued
John Ferriola – Chairman, CEO and President We welcome an investigation into the impact of imported steel on national security ” I have to tell you, we welcome an investigation into the impact of imported steel upon our national security, … Continued
Mark Millet Demand from auto remained steady Demand from the automotive sector remained steady and construction continued to improve. Additionally, the energy-related demand improvement that we discussed on our January conference call actually strengthened further during the quarter. We received … Continued
Nucor’s (NUE) CEO John Ferriola On Q3 2016 Results Pent up earnings power “Consistent with our company’s long history of growing stronger during industry downturns, Nucor has a sizable pent-up earnings power that we are eager to realize for our … Continued
AK Steel Holding (AKS) CEO Roger Newport on Q4 2016 Results Most industry sources are predicting a minor decline in automotive production “As we look at 2017, most industry sources are predicting a minor decline in North American automotive production … Continued
thyssenkrupp’s (TYEKF) CEO Heinrich Hiesinger on Q4 2016 Results Cyclic improvement in Steel Europe, but not an improvement in structural weakness of industry “We have also initiated a comprehensive transformation program at Steel Europe. We do see clear cyclic silver … Continued
ThyssenKrupp’s (TYEKF) CEO Heinrich Hiesinger on Q2 2016 Elevator volume is probably down in China “Yes, really, if you look on the demand in China, if we – let’s say, if you let me start with that first, we clearly … Continued
ArcelorMittal’s (MT) CEO Lakshmi Mittal on Q1 2016 Results Operating environment has improved but China still a threat “Moving to the operating environment, we have clearly seen improvement over the past three to four months. However, China remains a threat, … Continued
Nucor (NUE) CEO John Ferriola said the company aims to be the low cost producer “Anchoring our strategy are Nucor’s five drivers to profitable growth, they are: strengthen our position as a low cost producer; achieve market leadership positions in … Continued
Steel Dynamics (STLD) Mark D. Millett on Q2 2016 Results Supply side dynamics have led to much improved market dynamics in steel industry “The steel platform performed well in the second quarter. 2016 has certainly provided a changing landscape to … Continued