20
Jul
21:38
Steel Dynamics performance boosts credit rating
A strong second-quarter performance for Fort Wayne, Indiana-based US producer Steel Dynamics has led to its credit consideration being upgraded by global analytics firm Moody’s. Kallanish notes the company earned $812 million on net sales of approximately $5.1 billion during Q2.
Steel Dynamics shipped 3.2 million short tons of steel products in Q2. It achieved an average selling price of $1,257/short ton in Q2, marking a sequential increase of $177…
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Anonymous
Very good overview of the weekly steel market.
Anonymous