21
Apr
18:04
Steel Dynamics identifies strong market demand in earnings
Steel Dynamics credits its metals recycling business and the demand for steel as drivers of its first quarter earnings. The company posted net income of $644.33 million on sales of $4.89 billion, Kallanish understands.
“Steel producer lead times have extended as steel demand is strong. The automotive, non-residential construction, energy, and industrial sectors continue to lead demand. Operating income from our metals recycling platform increased over three…
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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