Steel Dynamics reported Q3 EPS of $5.26, missing the $5.48 consensus, while revenue of $6.51B topped estimates. Shares dropped 6.5% in after-hours trading. The company shipped 3.8M tons at an average price of $1,400/ton, up $102 from Q2. CEO Mark Millett cited improving steel prices, steady demand, and historically low imports. He expects demand growth from infrastructure, manufacturing, energy, and AI data centers in 2027.
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