Oversupply, Uncertainty

Pinkham, Myra
June 2005
Metal Center News;Jun2005, Vol. 45 Issue 7, p28
Trade Publication
The article focuses on the decline in the beam market due to an oversupply of product and lagging non-residential construction. Demand for structural steel has not been nearly as strong as domestic producers had hoped. Steel Dynamics Inc. is considering the addition of another rolling mill at its structural steel and rail plant in Columbia City, Indiana, to produce lighter structurals and bar shapes. Joe Stratman, vice president and general manager of Nucor-Yamato Steel Co., sees signs of a true recovery in demand, not just inventory building.


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