FORT WAYNE, Ind. (AP) _ Steel Dynamics Inc. (STLD) on Monday reported third-quarter net income of $990.8 million.

On a per-share basis, the Fort Wayne, Indiana-based company said it had profit of $4.85. Earnings, adjusted for non-recurring costs, came to $4.96 per share.

The steel producer and metals recycler posted revenue of $5.09 billion in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $4.99 billion.

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