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21 Jul
20:37

Steel Dynamics continues record profitability in Q2

Unprecedented robust steel shipments have boosted US producer Steel Dynamics' second quarter earnings to a record high, despite falling hot-rolled coil prices. Kallanish understands that the Fort Wayne, Indiana-based earned $1.2 billion on sales totalling $6.2 billion during the second quarter as a result of high demand and a strong performance by the company's steel fabrication division. Steel Dynamics' profitability in the second quarter is…
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