Steel Dynamics Forges Ahead with Mississippi Paint Line Project, Sees Improved U.S. Market as Imports Fall

SUGAR LAND--July 21, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Steel Dynamics Incorporated (NASDAQ:STLD) (Fort Wayne, Indiana) is proceeding with plans to complete a major addition in first-quarter 2017 at its site in Columbus, Mississippi, amid much improved market conditions in the U.S. The leading steel producer expects capital expenditures for 2016 to be roughly $225 million, down from an earlier forecast of $250 million to $300 million.

Within this article: Details of additions to Steel Dynamics' Columbus, Mississippi, facility.