June 17 (Reuters) - Steel Dynamics STLD.O expects to take a $16 million hit from asset write-downs tied to the planned relocation of an aluminum recycling facility, it said on Wednesday.

Shares of the company fell 3% in extended trading.

• The company forecasts second-quarter profit of between $3.51 and $3.55 per share.

• U.S. steel imports stayed near multi-year lows amid tariffs and other trade measures, while onshoring in manufacturing and a shift toward regional supply chains continued to underpin demand.

• The company said second-quarter earnings from its steel fabrication operations are expected to be slightly below sequentially, as stronger shipments and steady pricing are offset by higher raw material costs.

• The steel fabrication business involves converting steel into finished products for construction and industrial use, providing higher-value, downstream revenue but with exposure to raw material costs and demand cycles.

• The Fort Wayne, Indiana-based company's first-quarter profit per share was $2.78, compared with $1.44 a year earlier.

• The company plans to release its second quarter results on July 20.