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23 Jan
19:32

SDI expects growth in 2018

US steel producer Steel Dynamics Inc expects solid overall market growth in 2018, Kallanish gleans from the company’s year-end earnings review. Steel Dynamics recorded net income of $813 million on sales of $9.5 billion in 2017. "In spite of the continuation of elevated levels of steel imports, which were over 15% higher than in 2016, the domestic steel industry benefited in 2017 from an improvement in underlying demand, as the automotive sector re…
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