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20 Oct
19:19

SDI has confidence in US auto, non-res demand growth

Despite some weakness in key steel-consuming sectors, overall demand is steady, says Steel Dynamics Inc (SDI). On a conference call 20 October with analysts, ceo Mark Millett said energy, mining, heavy equipment and agriculture are weak, but those sectors are being partially offset by gains in automotive and non-residential construction. “I wouldn’t say [demand] is robust or phenomenal, but it certainly hasn’t deteriorated by any great degre…
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