Steel Dynamics Fortifies Low-Carbon, Recycling Efforts

October 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Steel Dynamics Incorporated (NASDAQ:STLD) (Fort Wayne, Indiana) enjoyed steady demand for its products in third-quarter 2024, which partly offset the effects of slumping steel prices. The company is building out its low-carbon and material-recycling capacity as the steelmaking sector adopts more environmentally friendly tactics. Industrial Info is tracking more than $2.6 billion worth of active and proposed projects from Steel Dynamics, about $2.3 billion of which is attributed to projects under construction.