Steel Dynamics Provides Second Quarter 2024 Earnings Guidance

FORT WAYNE, Ind., June 17, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter 2024 earnings guidance in the range of $2.64 to $2.68 per diluted share. Comparatively, the company's sequential first quarter 2024 earnings were $3.67 per diluted share, and prior year second quarter earnings were $4.81 per diluted share.Second quarter 2024 profitability from the company's steel operations are expected to be meaningfully lower than sequential first quarter results, based on ...