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01 Feb
16:05

Steel Dynamics buys majority share of United Steel

US steel producer Steel Dynamics Inc has bought a 75% interest in coated sheet supplier United Steel Supply for $134 million, Kallanish understands. United Steel Supply provides Galvalume products for the roofing and siding industries. Steel Dynamics retains the option to purchase the remaining 25% of the company at a future date. "United Steel Supply provides an exciting opportunity to expand our painted Galvalume value chain, by affording us with a bet…
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