Steel dynamics provides second quarter 2020 earnings guidance

Steel dynamics provides second quarter 2020 earnings guidance.sees q2 2020 adjusted earnings per share $0.40 to $0.44 excluding items.sees q2 2020 earnings per share $0.29 to $0.33.q2 earnings per share view $0.26 -- refinitiv ibes data.additional financing costs related to co's june 2020 refinancing activities of approximately $25 million, or $0.08 per diluted share.steel dynamics - q2 2020 earnings are expected to be significantly lower than our sequential q1.anticipates steel and recycled scrap volumes will improve.steel dynamics - construction related steel demand has been steadier than industrial manufacturing throughout q2.steel dynamics - co's metals recycling operations are expected to record an operating loss for q2 2020.q2 2020 earnings from co's steel fabrication operations are expected to be on pace with strong sequential q1 results.metals recycling operations are expected to record an operating loss for q2 2020.steel dynamics - as states begin to reopen, steel consuming businesses resume operations, anticipates steel & recycled scrap volumes will improve.q2 2020 earnings from co's steel operations is expected to be significantly lower than sequential q1 results.steel dynamics - at this time, has not seen widespread project delays or cancellations.
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