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16 Jun
13:36

Steel Dynamics anticipates record second quarter earnings

Steel Dynamics Inc expects to set a new earnings record in the second quarter, Kallanish learns from a company release.  In Q2, SDI expects to make $3.26-3.30/diluted share. In Q2 2020, the company made $0.36/share, or $75 million.  The company attributes the expected record earnings to “strong underlying steel demand and significant metal spread expansion across the entire platform, but most pronounced within the flat roll steel operations.&rdquo…
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