July 24, 2009
On Thursday, July 23, 2009, Steel Dynamics hosted a conference call in which Steel Dynamics management announced a loss of $0.08 per diluted share for the second quarter of 2009. This was a narrower loss than was expected in mid-June due to a change in…
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July 23, 2009
Nucor and Steel Dynamics just reported Q2 2009 earnings. The Nucor announcement can be found here and Steel Dynamics’ announcement is here. Both companies improved relative to Q1, which looks like it may have been the bottom for steel industry profitability. Steel Dynamics posted positive EBITDA per ton of $46 in Q2, much improved from [...]
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