SDI Flat Rolled Shipments Drop by 20% in Q1
Steel Dynamics Inc. reported high levels of steel import and customer inventory reduced shipments for first quarter resulting in a 44 percent drop in consolidated operating income compared to fourth quarter. SDI adjusted net income was $40 million for first quarter 2015 with $2 billion in net sales. The adjusted income excludes $17 million in […] The post SDI Flat Rolled Shipments Drop by 20% in Q1 appeared first on Steel Market Update.