Quarterly Financial Report
Thursday | 22 November, 2012 | 11:05 am

Q3 2012 quarterly financial report

By Houlihan Lokey

December 2012 - During the third quarter, the domestic steel market’s recovery slowed down slightly. Financial analysts noted an increase in M&A market transaction volume, although announced transaction values fell. Steel prices decreased on lower volumes across the board, while global macroeconomic concerns and tight pricing sustained uncertainty for steel producers. Domestic steel producers’ utilization rate decreased to an average of 73.4 percent. Domestic crude steel production decreased to 24.3 million tons, a decline of 0.8 percent from 24.5 million tons during the same period last year. For the 12th quarter in a row, the U.S. economy grew, with real GDP at 2.0 percent as compared to 1.3 percent in the second quarter. China’s economy continued to slow in the third quarter of 2012, achieving GDP growth of 7.4 percent, well below its growth of 9.1 percent in the second quarter of 2011.

To view the full report, click here

current-box-latest-issue-red-mm  
MM-Cover-0415-digitalemail

vert-current-linewhiteAPRIL 2015

BALANCED INVESTING

- Safety
- Toll Processing
- Inventory
- Investment Banking


> READ THIS
MONTH'S ISSUE

Midwest-MM-home-ad-5

Advertisement

Modern Metals on Twitter

Banner

Industry Partners

Alloy Bar Products

Executive Search Services

Sawing Technology

Stainless, Nickel, Aluminum, Pipe, Tube & Bar

Sierra Alloys Leadership Search Group Advanced Machine & Engineering Prudential Stainless & Alloys, L.P.

Aluminum

Investment Banking

Amada Machine Tools America, Inc.

Steel

Channel Alloys Brown Gibbons Lang & Company Cosen Saws Central Steel Service, Inc.
Kaiser Aluminum

Laser Cutting Machines

HE&M Saw Pacesetter Steel Service, Inc.
Sapa Extrusions North America Trumpf Hydmech Parker Steel Co.

Bar

Laser Technology

Klingelhofer Corporation Steel Dynamics
Gerdau Special Steel North America Amada America, Inc. Lenox Summit Steel Corporation

CNC Cutting (Plasma, Waterjet, Laser, Router)

LVD Strippit Marvel Manufacturing

Steel Service Center

Multicam Inc. Mazak Optonics Corp. Sawblade.com Samuel, Son & Co., Limited

CNC Machinery

Mitsubishi Laser-MC Machinery Systems, Inc.

Service Centers

Thickness Gauges

Voortman Corporation Vytek Admiral Steel Advanced Gauging Technologies

Coated Coil

Material Handling

North American Steel Alliance

Titanium

Centria Coating Services Combilift USA Reliance Steel & Aluminum Company TSI Titanium
Metal Coaters Samuel Strapping Systems United Performance Metals

Tooling

Coil Processing

Steel Storage Systems Inc.

Software

Carlson Tool & Manufacturing Corp.
Alcos Machinery Inc. The Caldwell Group, Inc. Compusource Corporation

Tube & Pipe

ANDRITZ Herr-Voss Stamco Inc.

Perforated & Expanded Metal

Enmark Systems, Inc. Independence Tube Corp.
Bradbury Group McNichols Co.

Stainless Steel

Tube Mill Equipment & Machinery

Braner USA

Plate

Rolled Alloys ASMAG USA, Inc.
Butech Bliss Allor Manufacturing Inc. Scan Tube/Nebetco Stainless

Welding

Delta Steel Technologies Churchill Steel Plate Ltd Stainless Sales Corporation Koike Aronson
Red Bud Industries Ranger Steel Venus Stainless NA

Welding & Cutting

Copper & Brass

Portable Analytical Instruments

Stainless Steel Service Center

American Torch Tip
Christy Metals Inc. Thermo Scientific Portable Analytical Instruments Comprinox

 

Farmer's Copper

 

 

 

National Bronze & Metals

 

 

 

TrendPublishing

twitter facebook linkedin rss

 

MM-0415-brandingcovers