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Steel Dynamics (STLD) Stock Is Gaining Today on Heavy Volume Despite Weak Earnings Guidance

2015-03-18 18:21:56| Steel - Topix.net

For the first quarter, the company expects adjusted earnings in a range of between 8 cents to 12 cents per share, below the 22 cents analysts are expecting. However, the company added that in the first quarter, domestic steel product pricing declined to levels that are now globally competitive.

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