Steel Dynamics Not Focusing on Acquisitions -- Market Talk

Dow Jones

2025/01/24

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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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. 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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. 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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. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4006":"钢铁","STLD":"Steel Dynamics","BK4588":"碎股","BK4516":"特朗普概念"},"translate_title":"Steel Dynamics不专注于收购——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STLD":1},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 23, 2025 14:36 ET (19:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}