Jan 22 (Reuters) - Steel Dynamics ( STLD ) on Wednesday

reported lower-than-expected quarterly revenue, as higher

imports of flat rolled steel pressured domestic prices.

Steel Dynamics ( STLD ) CEO Mark Millett said steel imports of

certain products, most notably coated flat rolled steels,

increased "significantly" in 2024, upsetting the supply and

demand balance.

"We do expect to see unfairly traded steel imports decline

in 2025, based on the recent corrosion resistant flat rolled

steel trade case we initiated in late 2024," he added.

Revenue for the reported quarter fell nearly 9% to $3.87

billion, falling short of analysts' estimates of $3.96 billion,

according to data compiled by LSEG.

The Indiana-based steel producer reported a profit of $1.36

per share for the quarter ended Dec. 31, compared with $2.61 a

year earlier.

Analysts were expecting an adjusted profit of $1.28 per

share.

Revenue in Steel Dynamics' ( STLD ) fabrication segment fell nearly

24% to $396.2 million from a year earlier.