The company anticipates its fourth-quarter earnings to be in the range of US$7.65 to US$7.75 per diluted share, according to the official press release.
 
“Steel mills segment earnings in the fourth quarter of 2021 remain robust and are expected to be comparable to the third quarter of 2021 despite lower volumes caused by year-end seasonality,” the company said.
 
The company said it expects increased earnings in the fourth quarter due to strong demand in non-residential construction markets.
 
Read the full press release here.