Steel Dynamics Sees 'Meaningfully Higher' 2Q Profitability For Steel Operations -- Company Talk

Dow Jones06-18

Steel Dynamics expects second-quarter earnings per share in the range of $3.51 to $3.55, compared with EPS of $2.01 in the same quarter a year ago and $2.78 in the first quarter. The company said the improvement is driven by the company's steel operations, where average realized selling values increased more than scrap raw material costs. Order activity remains strong, supported by underlying demand and persistently low steel inventories that continue to support favorable pricing conditions. Non-residential construction, energy, automotive, and industrial sectors are leading performance, the company said.

 

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June 17, 2026 16:57 ET (20:57 GMT)

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