15
Mar
20:32
Steel Dynamics expects diminished earnings in Q1
Fort Wayne, Indiana-based steel producer Steel Dynamics expects the profitability of its steel operations to be stronger in the first quarter of this year due to an overall increase in shipments offsetting diminished sales prices. However, Kallanish understands that the company's earnings are expected to be lower sequentially during the quarter due to start up costs for its Texas flat roll mill.
Steel pricing has strengthened in the US during the first qu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous