18
Mar
11:09
Steel Dynamics anticipates record first quarter
Steel Dynamics Inc (SDI) may break a quarterly earnings record in the first quarter, Kallanish learns from company guidance.
SDI expects to earn $1.88-1.92/diluted share in Q1 - or 1.94-1.98/share if the $0.06/share ($18 million) associated with its Sinton, Texas, flat-rolled mill construction is discounted.
By comparison, SDI earned $0.88/share in Q1 2020 - or $187m.
“First quarter 2021 profitability from the company's steel operatio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous