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18 Sep

Steel Dynamics warns of dip in Q3 earnings

Indiana-based steel producer and metals recycler Steel Dynamics has issued its third-quarter guidance with earnings per diluted share now estimated in a range of $3.46 to 3.50, Kallanish learns. In Q3 2022, diluted-share earnings were $5.03, and in Q2 2023 the result was $4.81. “Third quarter 2023 earnings from the company's metals recycling operations are expected to be lower compared to sequential second-quarter results, based on lower volume and meta…
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