19
Oct
19:34
SDI continues investments, posts record quarterly results
Steel Dynamics Inc is continuing to invest in its operations as the steelmaker posts record quarterly earnings results, Kallanish reports.
In its third quarter earnings results, SDI reveals it is investing $500 million to build four new coating lines - two at its flatrolled mill in Terre Haute, Indiana, and two at its new mill in Sinton, Texas. It expects the two paint lines and two galvanizing lines to begin operating in mid-2023.
SDI expects its new $1.9 billi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous