Steel Dynamics posts net income of $48.2M

Apr 17, 2013 | 06:37 PM | Anne Riley

Tags  SDI, Fort Wayne, Mark Millet, construction, OmniSource, The Techs, scrap, steel

NEW YORK — Steel Dynamics Inc. posted first-quarter net income of more than $48.2 million, up 5.6 percent from nearly $45.7 million in the same period last year but down 20.4 percent from $60.6 million in the final three months of 2012.

The Fort Wayne, Ind.-based steel producer said late April 17 that the first quarter remained "challenging" as global economic uncertainty affected customer confidence and buying patterns. ....

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