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15 Sep
13:43

Steel Dynamics says Q3 will be another record

US steel producer Steel Dynamics Inc (SDI) expects yet another record quarter in Q3, Kallanish reports.  SDI anticipates earnings of $4.78-4.82/diluted share, up from $3.32/diluted share ($702 million) in Q2. In Q3 2020, the company earned $0.47/diluted share ($100m).  “Third quarter 2021 profitability from the company's steel operations is expected to be meaningfully higher than second quarter results setting a new quarterly record, driven by…
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