General Steel Holdings Inc · OTC:GSIH
General Steel — Q3 2013 Earnings Presentation
10 slides from General Steel's earnings presentation, Nov 12, 2013
Slide 1: Third Quarter 2013 Earnings Call Presentation
1 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . Third Quarter 2013 Earnings Call Presentation November 12, 2013
Slide 2: Safe Harbor Statement
2 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . Safe Harbor Statement This presentation (including the financial projections and any subsequent questions and answers) contains statements that are forward - looking
Slide 3: Agenda
3 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . Operational A chievements Review Agenda China Steel Industry Review Third Quarter 2013 Highlights Henry Yu, Chief Executive Officer John Chen, Chief Financial Officer
Slide 4: Third Quarter 2013 Highlights
4 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . x Enhanced production costs with the introduction of two continuous - rolling rebar production lines x Improved operational efficiency through benchmarking program x
Slide 5: China Steel Industry Review
5 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . China Steel Industry Review Improving momentum* » Stabilized pricing environment in 2H 2013 » Improved profitability around the sector: ▪ 9M 2013 net margin of 0.41%
Slide 6: Positive Yield from Benchmarking Programs
6 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . Positive Yield from Benchmarking Programs » Unit production cost of rebar, steel billet and pig iron, improved by approx . 14 . 7 % , 14 . 8 % and 15 . 9 % YoY x Aver
Slide 7: Additional Savings in Finance Expense
7 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . Additional Savings in Finance Expense Achieved significant additional savings • Optimized short - term loan structure enabled 31 . 7 % YoY savings on interest expense
Slide 8: 3Q 2013 Financial Summary
8 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . 1,360 1,239 37 18 3Q 2012 3Q 2013 Other Subsidiaries Longmen Joint Venture Items 3Q 2013 3Q 2012 Y - o - Y% Total Sales Volume (Thousands MT) 1,257 1,397 - 10.0% ASP
Slide 9: Balance Sheet Summary
9 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . Balance Sheet Summary AS OF (USD 1,000) September 30, 2013 December 31, 2012 Assets: Cash and Restricted Cash $467,872 $369,887 Accounts Receivable $11,829 $21,661 No
Slide 10: Q&A
10 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. third quarter 2013 earnings c all . 10 Q&A Jenny Wang Joyce Sung General Steel Holdings, Inc. General Steel Holdings, Inc. Tel: + 86 - 10 - 5775 - 7691 +1 - 347 - 534 - 1435 Email: jenny.wang@gshi - st
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