21
Oct
20:20
Steel Dynamics predicts virus will offset Steelmageddon
Steel Dynamics Inc expects the lingering effects of Covid-19 to somewhat offset the predicted “Steelmageddon” impact of new domestic capacity, Kallanish learns from the company’s third-quarter earnings review.
Originally coined by Bank of America analysts, the term Steelmageddon has been used to describe an influx of new domestic capacity slated to come online between 2020-2022. Much of that new capacity was announced in the wake of record …
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Anonymous
Very good overview of the weekly steel market.
Anonymous