Steel Dynamics (FRA:SD5) Reserves - Probable (K) : 0.00 (As of . 20)

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What is Steel Dynamics Reserves - Probable (K)?

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for Steel Dynamics's Reserves - Probable (K) or its related term are showing as below:

FRA:SD5's Reserves - Probable (K) is not ranked ^*
in the Steel industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

Steel Dynamics Reserves - Probable (K) Historical Data

The historical data trend for Steel Dynamics's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Steel Dynamics Reserves - Probable (K) Chart

Steel Dynamics (FRA:SD5) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

Steel Dynamics Reserves - Probable (K) Related Terms

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Steel Dynamics (FRA:SD5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Dynamics Inc (FRA:SD5) » Definitions » Reserves - Probable (K)

Comparable Companies

Traded in Other Exchanges

STLD:USA STLD:Mexico 1STLD:Italy

Address

7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804

Website

https://www.steeldynamics.com

Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, and steel fabrication operations. It generates maximum revenue from the steel operations segment.

Steel Dynamics (FRA:SD5) Headlines

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