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26 Jan

Steel Dynamics benefits from strong non-residential demand

A strong non-residential construction market in the US drove the annual earnings for Fort Wayne, Indiana, steel producer Steel Dynamics' fabrication segment to its highest level in the company's history. As it approaches the upcoming construction season, backlogged orders from contractors have extended outward to several months. In the latest earnings report, the company reported an operating income of $682 million from its steel fabrication…
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