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18 Sep
11:44

Steel Dynamics to record improved third-quarter profit

US steel producer Steel Dynamics Inc anticipates an on-quarter uptick in its third-quarter earnings, though they will remain far below their year-ago levels, Kallanish learns from a company statement.  Steel Dynamics expects to earn $0.42-0.46/diluted share in Q3, up from $0.36/share ($75 million) in Q2 but down from $0.69/share ($151m) in Q3 2019.  The company’s quarterly costs associated with the construction of its new flat-rolled mill in Sinto…
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