26
Jan
20:55
Steel Dynamics benefits from strong non-residential demand
A strong non-residential construction market in the US drove the annual earnings for Fort Wayne, Indiana, steel producer Steel Dynamics' fabrication segment to its highest level in the company's history. As it approaches the upcoming construction season, backlogged orders from contractors have extended outward to several months.
In the latest earnings report, the company reported an operating income of $682 million from its steel fabrication…
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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