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23 Apr
20:42

Steel Dynamics predicts drop in longs production utilisation

US steel producer Steel Dynamics Inc estimates structural and rail utilisation to drop slightly to the 75-80% range but anticipates a larger decrease in utilisation rates for other long products, Kallanish learns from the company's first-quarter conference call. Steel Dynamics expects to maintain a higher utilisation for structural and rail products due to the order backlog and continued construction says chief financial officer Theresa Wagler. "Across t…
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