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Steel Dynamics Expects $2 Billion in Capex for 2024

Steel Dynamics Expects $2 Billion in Capex for 2024

January 25, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Steel Dynamics Incorporated (NASDAQ:STLD) (Fort Wayne, Indiana) recently highlighted its growth efforts, which include $2 billion in capital investment in 2024, of which $1.4 billion is allocated to aluminum-related projects. The company recorded $1.7 billion in capital investment in 2023. Industrial Info is tracking $2.9 billion worth of projects from Steel Dynamics.