Steel Dynamics Reports Second Quarter 2015 Results

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Steel Dynamics (STLD) Reports In-Line Q2 EPS

July 20, 2015 6:01 PM EDT

Steel Dynamics (NASDAQ: STLD) reported Q2 EPS of $0.22, in-line with the analyst estimate of $0.22. Revenue for the quarter came in at $2.01 billion versus the consensus estimate of $1.98 billion.

"The second quarter 2015 market environment remained extremely challenging for our steel and metals recycling operations," said Mark D. Millett, Chief Executive Officer. "The ongoing flood of steel imports continued to pressure steel product pricing to a greater degree than the benefit... More