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18 Oct
20:29

Steel Dynamics sees steel strength lasting into 2019

US-based Steel Dynamics expects the domestic industry to continue strong through year-end, based on its third-quarter profit levels, Kallanish reports. Steel dynamics earned $398 million on sales of $3.2 billion in Q3, up from $153m on sales of $2.4 billion in Q3 2017. “Our strong financial performance was the result of record steel shipments, average steel selling price improvement, and resulting metal spread expansion across our steel operations,&rdqu…
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