New flat-rolled capacity has ‘high hurdle’ to clear: Teets

May 07, 2014 | 09:32 AM | Michael Cowden

Tags  Steel Dynamics, Richard Teets, new capacity, flat-rolled, Big River Steel, steel, Michael Cowden

INDIANAPOLIS — Adding flat-rolled steel capacity in the United States presents big risks as well as potential rewards, according to a Steel Dynamics Inc. (SDI) executive.

Potential investors or builders have to weigh a host of factors, including not only current market conditions and capacity utilization but also past cycles to see whether any proposed venture is likely to prove profitable, said Richard P. Teets Jr.,....

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