17
Jun
17:32
Steel Dynamics guides down second-quarter earnings
Steel Dynamics (SDI) has guided down its second-quarter earnings to $2.64 to $2.68 per diluted share from $3.67/share in Q1, Kallanish learns. In Q2 2023, SDI earned $4.81/share.
The Fort Wayne, Indiana-based steel producer and recycler reports that Q2 profitability from steel operations is expected to be substantially lower than in Q1. SDI notes that its metal recycling volumes were higher in Q2. Additionally, its fabrication operations in Q2 are comparable to Q1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous