You would think Keith Busse would be celebrating. In only its second year, his steel minimill, Steel Dynamics Inc., has grown into a profit leader in the industry. Busse, backed by eager investors, is racing to add $350 million in expansions and double his steelmaking capacity. But as he looks toward 1998, he worries. Imports are pouring in at record levels. The strong dollar, combined with feeble markets in Asia, promises more of the same in 1998. "It could be a troubled year," Busse says.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.