SDI expects lower earnings in 2d quarter
Jun 19, 2013 | 03:09 PM
| Daniel Fitzgerald
NEW YORK Steel Dynamics Inc. (SDI) expects to post lower earnings for the second quarter, with a compression in profit margins offsetting increased sales volumes.
The Fort Wayne, Ind.-based company provided a second-quarter earnings guidance in a range of 10 to 14 cents per diluted share, down from 21 cents in the first three months of this year and 20 cents in the second quarter of 2012.....
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