Tuesday, September 15, 2009

Positive Outlook for Steel Dynamics Third Quarter

Greater Fort Wayne Chamber of Commerce member Steel Dynamics, Inc. recently announced that third quarter earnings are expected to be higher than first anticipated. They expect the range to be 20 cents to 25 cents per share, an estimate up from the original 10 cents to 20 cents estimate. The outlook for the fourth quarter is still uncertain but Steel Dynamic's production and processing facilities are ready to react to increased demand whenever it may come.

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