15
Mar
19:47
SDI guides Q1 earnings lower y-o-y, shipments improving
Steel Dynamics Inc (SDI) says first-quarter profit will be lower year-on-year, but shipments and financial results are improving sequentially from Q4.
The Fort Wayne, Indiana-based steelmaker and recycler expects to report “meaningfully stronger” profitability quarter-on-quarter, Kallanish discovers in SDI's latest guidance statement.
The momentum is due to “increased shipments and earnings across the platform, driven by the…
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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