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22 Jul
17:28

Pent-up demand is real, says Steel Dynamics

The Covid-19 shutdowns the steel and auto industries endured earlier this year may well have created a stockpile of pent-up demand for the second half of 2020, Kallanish hears from Steel Dynamics Inc ceo Mark Millett.  On the company’s second-quarter conference call with analysts, Millett pointed out that returning flat-rolled capacity will likely be quickly chewed up by large contract buyers in the auto, HVAC and white goods sectors.  “And …
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