Steel Dynamics, Inc. said in a conference call with investors and analysts it expects to sell some 180,000-200,000 mt of steel in Mexico.
According to the company’s CEO, Mark Millett, it’s been a “booming time for steel” in the bordering nation.
“Obviously that is an incredibly—well it's boom time for steel,” he said.
“A couple weeks ago I spent some time down there and … the growth there it's unimaginable. We’re going to sell 180,000 mt-200,000 mt of product in Mexico this year,” the executive said, adding the company’s aim is to “move that up” to “somewhere between 400,000 mt to 500,000 mt.”
“The advent of our paint line coming online in the first quarter will certainly help and facilitate that. But we're well on a way there or already,” he said, while answering a question from an analyst.