Steel Mills
July 21, 2015
Steel Dynamics Optimistic on Steel Pricing for H2
Written by Sandy Williams
Steel Dynamics expressed concern about imports during the company’s second quarter earnings call.
“On the trade front, we’re pleased the ITC has confirmed the flood of unfairly traded imports of corrosion-resistant sheets deal has materially reduced our shipments, pricing and profitability. I believe in fair trade, but the U.S. has become a dumping ground for world excess steel capacity. We are confident that such actions will create a more positive pricing environment for us going into the second half.”
