1436 ET - With a new steel mill still ramping up in southern Texas and an aluminum rolling plant under construction in Mississippi, Steel Dynamics CEO Mark Millett says he doesn't have much of an appetite for acquisitions. "If one were to make sense, then maybe we would look at it. But nothing imminent, right this time," Millett told analysts during a conference call. Steel Dynamics' rivals Cleveland-Cliffs and Nucor are considering a bid for U.S. Steel, people familiar with the matter said last week, after the federal government's decision earlier this month to block Nippon Steel's purchase of US Steel. (robert.tita@wsj.com)
(END) Dow Jones Newswires
January 23, 2025 14:36 ET (19:36 GMT)
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