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Article: Steel Dynamics Issues Statement Regarding Industry Consolidation Activity.
- Article from:
- PR Newswire
- Article date:
- April 26, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FORT WAYNE, Ind., April 26 /PRNewswire-FirstCall/ -- Steel Dynamics, Inc. today issued a statement to clarify its position regarding recent consolidation activity in the U.S. metals industry. In response to inquiries and comments recently made in the press regarding M&A activity, SDI stated that it is not currently in talks concerning, nor does it have any immediate plans to involve itself in, any of the potential primary-steelmaking consolidation transactions that have recently been the focus of interest in the financial press.
"SDI is a growth company that has always prudently evaluated growth opportunities whether they are organic or by acquisition," said ...