17
Oct
17:23
SDI remains upbeat regarding year-end steel demand
US steel producer Steel Dynamics Inc is cautiously optimistic regarding steel demand and pricing for the balance of the year after a difficult third quarter, Kallanish reports.
Steel Dynamics earned $151 million on sales of $2.5 billion during the quarter, down from net income of $398m on sales of $3.2 billion in Q3 2018.
“The team delivered a solid third quarter performance in a challenging steel pricing environment, as average steel pricing declined i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous