22
Jul
21:29
Steel Dynamics reveals capital investment plans moving forward
US steel producer Steel Dynamics has revealed its capital investments strategy moving forward into the second half of the fiscal year, Kallanish reports.
In its Q2 earning conference call, the company revealed that its capital investments for the remainder of the year will be $800-850 million. The company's new steel mill under construction in Texas represents $700-750m of that range.
In addition, the company estimated its capital investments for the full yea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous