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Gerdau (GGB) reported 3Q EBITDA of R$1.033B, below the Street’s R$1.218B, and 2Q’s R$1.244B due to weaker performance from the North America, Specialty Steel and …more
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Vale generated adjusted 3Q EBITDA of $4.28B, well short of the Street’s $4.76B and 2Q’s $5.5B. Management attributed the lower EBITDA sequentially mainly to declining …more
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Commercial Metals (CMC) reported AugQ earnings of $0.26/share, which adjusted to $0.21/share excluding non-recurring items, below the Street’s $0.28/share …more
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Quick on the heels of US Steel’s leading sheet price hike yesterday, AK Steel followed with a $40/ton hike of its own, and we expect others to make similar moves in the next few …more
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