Company/Division name | Steel Dynamics Inc. |
Parent company | Steel Dynamics Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2021 |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | steel |
What non-domestic negative factors made offshoring less attractive? | Tariffs |
What domestic positive factors made reshoring more attractive? | Higher productivity, Proximity to customers/market, Other, import replacement; rising domestic demand |