SDI forecasts higher earnings for 3d qtr.

Sep 18, 2013 | 04:38 PM | Catherine Ngai

Tags  steel, Steel Dynamics, SDI, sheet, long products, earnings guidance, OmniSource, Catherine Ngai

NEW YORK — Steel Dynamics Inc. (SDI) expects higher earnings in the third quarter marked by increased margins in its sheet division, higher volumes in its long products sector and strong end markets, the company said Sept. 17.

The Fort Wayne, Ind.-based producer issued a third-quarter earnings guidance of 21 to 26 cents per diluted share compared with second-quarter earnings of 13 cents per diluted share and 6 cents per diluted share in the same period last year.....

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