25
Jan
15:55
SDI shipment strength overcomes declining prices
Strong shipment levels drove US steelmaker Steel Dynamics Inc’s (SDI) profits in 2016 despite a dip in year on year pricing levels, Kallanish learns from the company’s year-end earnings review.
SDI posted a 2016 net profit of $382 million on sales of $7.8 billion, up from a loss of $130m on sales of $7.6 billion in 2015.
During 2016, both the company’s steel and fabrication wings reached annual shipping records while average selling prices f…
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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