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20 Oct
19:52

SDI bullish on fabrication as backlog pushes out

Steel Dynamics Inc is incredibly bullish on the performance of its steel fabrication segment, as labour shortages delay customer projects and push its backlog out to historic levels. In its third quarter earnings conference call monitored by Kallanish, company executives report quoting and order activity continue to be very strong, resulting in “another record order backlog at levels considerably higher than historic peaks.” “Our backlog is even…
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