19
Apr
20:30
Steel Dynamics expects rosy 2018
US steel producer Steel Dynamics Inc (SDI) remains optimistic about the industry’s prospects in 2018, an opinion bolstered by the company’s first quarter profits, Kallanish reports.
SDI posted a net profit of $228 million on sales of $2.6 billion in Q1, up from a profit of $201m on sales of $2.4 billion in Q1 2017.
“During the first quarter, we saw improved demand and product pricing across the entire steel platform,” says ceo Mark Mil…
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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