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Closing Bell: Fire in the hole! Stocks plummet on Powell speech 8/26/22

Closing Bell

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The Steel Dynamics Company Is a Great Place to Be

With unit labor costs rising so dramatically, in productivity down, we think people are going to continue to spend on the cloud. A c i o report done by r b c says 80 ix % are going to increase theirpo they're spending on soft ware. Steel dynamics is an interesting company because it does have a digital component, but more importantly, it has an e s g component. And so we like the company. We think, we think it's a great place to be for the next three to five years.

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