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Steel Dynamics Finishes Rough Year with Strong Results, Cheery Outlook for Market

Steel Dynamics Finishes Rough Year with Strong Results, Cheery Outlook for Market

Steel Dynamics Finishes Rough Year with Strong Results, Cheery Outlook for Market

Author: William Ploch | Published: January 26, 2021
Industry Segment: Metals & Minerals  |  Word Count: 658 Words
Attachment: SteelDyn4Q20

SUGAR LAND--January 27, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Steel Dynamics Incorporated (NASDAQ:STLD) (Fort Wayne, Indiana) has some good news for the U.S. steel market: The company believes steel consumption will grow and prices will strengthen in 2021. The steel producer's fourth-quarter revenues jumped more than 10% from the same period in 2019, propelled by strong demand and tight supply dynamics. Industrial Info is tracking nearly $2 billion worth of active projects from Steel Dynamics.

Within this article: Details on some of Steel Dynamics' highest-valued projects, including a flat-rolled steel mill in Texas that is set to wrap up later this year.

Other companies featured: Tex-Isle Supply Incorporated

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