Steel Dynamics Blames Imports for Second-Quarter 2015 Profit Tumble, Sees Better Market in Second Half

SUGAR LAND--July 22, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Steel Dynamics Incorporated (NASDAQ:STLD) (Fort Wayne, Indiana), a leading U.S. steel producer and metals recycler, cited an import-dominated U.S. steel market as the main culprit behind the company's sharp decline in profits for second-quarter 2015, despite growing domestic demand and lower scrap metal costs. Industrial Info is tracking $151.5 million in active projects involving Steel Dynamics.

Within this article: Details on Steel Dynamics' quarter and projects, including two projects at a steel minimill in Indiana.