Steel Dynamics Scales New Heights On Record Results
Steel Dynamics Scores Record Results On Strong DemandSteel Dynamics (NASDAQ:STLD) share prices have been scaling new heights on demand and pricing expectations along with the company’s efforts to expand to meet that demand. The Q1 results not only confirm those expectations but indicate the business is even healthier than the analysts were predicting. The company was able to post record results for all metrics that count despite a $100 per ton decline in price for flat roll steel. The key takeaway is that business is good, earnings are good, demand is good, the outlook is good, expansions are ...