Steel Dynamics Halted (STLD)

Steel Dynamics

is halted, and will resume trading at 4:45 p.m., after the company lowered its third quarter guidance. The company now expects earnings of 5 to 10 cents per share, significantly down from its second quarter earnings of 22 cents per share. Steel Dynamics finished the day up 6 cents to close at $1.59, a gain of 0.4%.