SDI announces Q4 and FY 2011 results for Ferrous Resources
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Sunday, 29 Jan 2012
This segment principally includes the company's metals recycling operations (OmniSource Corporation), a liquid pig iron production facility (Iron Dynamics), and the company's Minnesota operations, which currently primarily includes an iron nugget manufacturing facility (Mesabi Nugget, which is 81% company owned).
| Item | Q4 '11 | Q4 '10 | Change |
| Segment Net Sales | 907,025 | 769,682 | 17.8 |
| % of External Net Sales | 32% | 35% | NA |
| Operating income | -6,508 | -4,363 | 49.2 |
In USD
| Item | FY '11 | FY '10 | Change |
| Segment Net Sales | 4152568.0 | 3,179,032 | 30.6 |
| % of External Net Sales | 0.4 | 35% | NA |
| Operating income | 54723.0 | 52,693 | 3.9 |
In USD
Metals Recycling
| Item | Q4 '11 | Q4 '10 | Change |
| Net Sales | 856,481 | 735,753 | 16.4 |
| % of External Net Sales | 32% | 35% | NA |
| Operating Income | 15,715 | 8,916 | 76.3 |
| Ferrous Shipments (gross tons) | 1,314,588 | 1,237,677 | 6.2 |
| % Shipments to Company Steel Mills | 44% | 42% | NA |
| Nonferrous Shipments (pounds) | 255,137 | 229,881 | 11.0 |
| Unrealized Hedging Gains | -2,659 | -6,871 | -61.3 |
In USD
| Item | FY '11 | FY '10 | Change |
| Net Sales | 3940693.0 | 3,048,284 | 29.3 |
| % of External Net Sales | 0.4% | 35% | NA |
| Operating Income | 94543.0 | 98,685 | -4.2 |
| Ferrous Shipments (gross tons) | 5,879,729 | 5,179,812 | 13.5 |
| % Shipments to Company Steel Mills | 43% | 42% | 2.4 |
| Nonferrous Shipments (pounds) | 1,066,648 | 961,288 | 11.0 |
| Unrealized Hedging Gains | 3,768 | -1,874 | -301.1 |
In USD
