Steel dynamics reports q4 earnings per share $0.56

Steel dynamics reports fourth quarter and annual 2019 results.q4 earnings per share $0.56.q4 sales $2.4 billion versus refinitiv ibes estimate of $2.34 billion.q4 earnings per share estimate $0.55 -- refinitiv ibes data.q4 adjusted earnings per share $0.62 excluding items.steel dynamics - 2019 was challenged with high customer steel inventories, as many customers purchased beyond normal demand levels in 2018.believe recent & possible trade actions could have a significant positive impact for co.steel dynamics- "believe n.american steel consumption will experience modest growth ".plans to commence operations at texas facility mid-year 2021.steel dynamics - looking ahead, steel customer inventory levels have moderated.steel dynamics - fabrication platform has order backlog that is even stronger entering 2020 than it was at this time last year.steel dynamics- q4 average external product selling price for co's steel operations decreased $45 sequentially to $764 per ton.
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