Steel Dynamics articles & resources on Made-in-China.com

Steel Dynamics Inc Announced Monday Third Quarter 2014 Net Sales of $2.3 Billion

Oct 23, 2014

Steel Dynamics, Inc. announced Monday third quarter 2014 net sales of $2.3 billion and net income of $91 million, or $0.38 per diluted share, which includes the negative impact of approximately $0.09 per diluted share related to acquisition ...

Tags: SDI, Income, Energy

Severstal Has Entered Into Separate Definitive Transaction Agreements

Aug 13, 2014

Russian steelmaker Severstal has announced that it has entered into separate definitive transaction agreements to sell its Severstal Columbus and Severstal Dearborn subsidiaries, collectively known as Severstal North America, to US ...

Tags: Severstal, Asset, Energy

Severstal Agreed to Install a Continuous Emissions Monitoring System

Aug 12, 2014

Local news reported Tuesday that the Mississippi Commission of Environmental Quality fined Severstal North America’s Columbus steel mill $135,000 due to the company's pollution control monitors not functioning properly after the plant ...

Tags: Severstal Columbus Fined, Malfunction, Pollution Control Monitors

DRI Output Increased by Two Million Tons or 2.8 Percent Year on Year

Jun 13, 2014

In 2013, the world's direct reduction iron (DRI) output increased by two million tons or 2.8 percent year on year to a record 75.2 million tons, even though two key producing countries, India and Venezuela, saw significant declines in ...

Tags: DRI Capacity, Steel

Cold-Rolled Coil Pricing Increased in The US as Buyers and Sellers Reported Higher Offers

May 4, 2014

Cold-rolled coil pricing increased in the US on Tuesday as buyers and sellers reported higher offers and transactions. "I have not heard of anyone quoting below $800/st for CRC and more have been between $810-820/st. Everything that I am ...

Tags: CRC Prices, cold-rolled

WSD: in The Next Six Months Global Scrap Prices Will Decline

Apr 25, 2014

Speaking on behalf of World Steel Dynamics (WSD) at SteelHome's 10th Steel Development Strategy Conference held recently in Shanghai, Wu Wenzheng, president of SteelHome, said that WSD's global steel output forecast for 2014 is 1.61 billion ...

Tags: Scrap Prices, Steel

Steel Dynamics, Inc. Announced Wednesday First Quarter Net Income of $39 Million

Apr 21, 2014

Steel Dynamics, Inc. announced Wednesday first quarter net income of $39 million, or $0.17 per diluted share, on net sales of $1.8 billion. By comparison, prior year first quarter net income was $48 million, or $0.21 per diluted share, on ...

Tags: Steel Dynamics, Midwest steel

Steel Dynamics Inc. Announced Tuesday Weak Guidance for The First Quarter of 2014

Mar 21, 2014

Steel Dynamics Inc. announced Tuesday weak guidance for the first quarter of 2014, citing harsh winter weather that resulted in higher energy costs, transportation difficulties, and decreased production and shipments. The company expects ...

Tags: Steel Dynamics, metal

Steel Dynamics, Inc. Announced Tuesday Fourth Quarter Net Income of $55 Million

Feb 8, 2014

Steel Dynamics, Inc. announced Tuesday fourth quarter net income of $55 million, or $0.24 per diluted share, on net sales of $1.9 billion. By comparison, prior year fourth quarter net income was $61 million, or $0.27 per diluted share, on ...

Tags: metals recycling operations, ferrous metal margins

SDI Provided Fourth Quarter Earnings Guidance

Dec 20, 2013

Steel Dynamics, Inc. provided fourth quarter earnings guidance Tuesday in the range of $0.21 to $0.25 per diluted share. The estimate compares to $0.25 per diluted share reported for the third quarter 2013 and $0.27 per diluted share ...

Tags: steel, metallurgy

The US Steelmaker Nucor Announced to Raise Its Rebar Prices by US$10/short Ton

Dec 5, 2013

It's reported that the US steelmaker Nucor announced to raise its rebar prices by US$10/short ton for new orders, effective immediately. Besides, Steel Dynamics Inc. (SDI) also increased its rebar prices by US$10/short ton as well. It's ...

Tags: Rebar, Nucor Hikes

Nucor and Steel Dynamics Are Pushing $10/St Price Increases

Dec 5, 2013

Nucor and Steel Dynamics are pushing $10/st price increases for rebar effective immediately with new orders, the companies said in letters to customers Monday and Tuesday, respectively. Both said orders confirmed December 2 would be ...

Tags: Nucor, Steel Dynamics

SEOUL Signed a Memorandum of Understanding with POSCO

Nov 15, 2013

SEOUL, South Korea, Nov. 13, 2013 /PRNewswire/ -- Basic Element, one of Russia's leading diversified business groups, En+ Group, Russia's leading mining, metals and energy group, have signed a Memorandum of Understanding (MoU) with POSCO, a ...

Tags: POSCO, metal, power, construction, Russia, Oleg

US Steelmaker Nucor Is Raising Rebar Prices by $10/St

Nov 11, 2013

US steelmaker Nucor said late Tuesday that it is raising rebar prices by $10/st. The increase is half that announced Friday by competitor Gerdau Long Steel North America, raising questions in the market about whether the earlier increase ...

Tags: steelmaker, rebar, steel, ferrous shredded scrap, raw material

Steel Dynamics Announced Third Quarter Net Income of $57 Million

Oct 21, 2013

Steel Dynamics, Inc. announced Wednesday third quarter net income of $57 million, or $0.25 per diluted share, on net sales of $1.9 billion, compared to Q3 2012 net income of$13 million, or $0.06 per diluted share, on net sales of $1.7 ...

Tags: Metallurgy, Mineral, Energy, steel

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