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Steel Dynamics Revises Second Quarter Outlook.

Publication: PR Newswire
Publication Date: 01-JUN-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
FORT WAYNE, Ind., June 1 /PRNewswire-FirstCall/ -- Steel Dynamics, Inc. today revised its outlook for the second quarter. Continued soft demand coupled with the unforeseen significant drop in scrap prices for delivery in May and June and the resulting drop in contract and spot pricing for finished steel products in June has caused the company's expected second quarter results to moderately decrease from its early second quarter estimate...

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