17
Mar
16:43
SDI expects Q1 boost to shipments, pricing
US steelmaker Steel Dynamics Inc (SDI) anticipates a hefty lift to its bottom line in the first quarter due to steadily improving shipments and pricing, Kallanish reports.
SDI expects its Q1 earnings to be $0.77-0.81/diluted share, up from $0.08/share in Q4 and $0.26/share in Q1 2016.
“First quarter 2017 profitability from the company's steel operations is expected to meaningfully increase in comparison to sequential fourth quarter 2016 results, bas…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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