Steel Dynamics had a strong quarter, generating sales, earnings, and cash flow above market expectations. Sinton is demonstrating considerable operating improvement and has a clear path to profitability in the second quarter of 2023. Its New Millennium Building Systems platform delivered good steel fabrication earnings. Their new aluminum group is investing in flat-rolled aluminum with excellent success. Operating income from their steel business reached $3.1 billion. Despite lower average selli ....

07 Mar 2023
Steel Dynamics, Inc.: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (03/23)

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Steel Dynamics, Inc.: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (03/23)
- Published:
07 Mar 2023 -
Author:
Ishan Majumdar -
Pages:
26 -
Steel Dynamics had a strong quarter, generating sales, earnings, and cash flow above market expectations. Sinton is demonstrating considerable operating improvement and has a clear path to profitability in the second quarter of 2023. Its New Millennium Building Systems platform delivered good steel fabrication earnings. Their new aluminum group is investing in flat-rolled aluminum with excellent success. Operating income from their steel business reached $3.1 billion. Despite lower average selli ....