23
Jul
23:17
Steel Dynamics posts Q2 profit of $362 million
US steel producer Steel Dynamics Inc earned $362 million during the second quarter - more than double its Q2 2017 income of $154m.
Steel Dynamics posted revenues of $3.1 billion in Q2, up from $2.4 billion in Q2 2017, Kallanish notes.
"During the second quarter, we saw improved demand and product pricing across the entire steel platform, resulting in record quarterly steel shipments and significant margin expansion," says ceo Mark Millett. "Whi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous