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23 Jan
22:18

Steel Dynamics posts lower Q4 sales, profit

Steel Dynamics Inc has reported lower fourth-quarter revenue and profit but notes that full-year 2023 sales were its second-highest ever, Kallanish reports.  The Fort Wayne, Indiana-based steelmaker achieved annual net sales of $18.8 billion last year. Mark Millett, ceo, attributes some of the company’s success to demand from multiple segments. “Underlying domestic steel demand was firm throughout 2023 supported by the construction, automotive, i…
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