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16 Dec
19:09

SDI anticipates another record-setting quarter

Steel Dynamics Inc expects to report another record quarter when it releases its finalised fourth quarter results next month. The US steelmaker has provided to its shareholders Q4 earnings guidance of $5.46-5.50/diluted share – this would be another record quarterly performance, Kallanish understands. In Q3, its earnings were a record $4.85/share, with net income of $1 billion. In Q4 2020, SDI’s earnings per share were just $0.89. Steel demand in the …
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