A comparison of earnings before interest, taxes, depreciation and amortization (Ebitda)/sales ratios for select steel companies puts OAO Severstal in the top global spot for the past year, followed by Gerdau SA and ArcelorMittal SA. Essar Steel Algoma Inc. leads in North America, followed by Gerdau and ArcelorMittal.
As has been the case for several years, international iron ore suppliers lead in profitability, with BHP iron ore and Rio Tinto iron ore at the forefront, followed by Vale SA, BHP Billiton and Rio Tinto. BHP and Rio Tinto report results on a half-year basis rather than quarterly. Essar Steel Algoma and Severstal financial results for the first quarter of 2012 were not available at press time.

