By Stephen NakrosisMark Millett, chairman and chief executive of Steel Dynamics, said the company expects North American steel consumption will increase in coming years. Millett also said the company expects "demand for lower-carbon emission, U.S. produced steel products coupled with lower imports will support steel pricing." On outlook:"Based on domestic steel fundamentals, we are constructive regarding North American steel market dynamics," Millett said. "We believe this will benefit all of our operating platforms, especially our steel and steel fabrication businesses," he said. Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

Source: Wall Street Journal October 18, 2023 21:49 UTC