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Performance and outlook: progress and retreat.

Publication: Metal Center News
Publication Date: 01-DEC-03
Format: Online - approximately 744 words
Delivery: Immediate Online Access
Full Article Title: Performance and outlook: progress and retreat.(Metal Industry News)

Article Excerpt
Recent financial reports from a handful of North American steelmakers show improved performance for some, continuing struggles for others.

SDI--In the third quarter, Steel Dynamics Inc. made progress on four growth projects, which are expected to increase steel shipments and enrich the company's product mix throughout 2004.

Most significant is the new Bar Products Division minimill in Pittsboro, Ind., which will add an estimated 500,000 to 600,000 tons to SDI's annual capacity. After receiving its construction permit early in September, facility modifications and construction began to allow the mill to produce a wide range of bar products, including special-bar-quality, merchant shapes and rebar. SBQ production is expected to begin in...

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