steel demand that the already bullish executive didn’t anticipate back in February.“I was optimistic two weeks ago, but what I learned the last couple weeks is the extent of the end market demand," Stelco Chief Executive Officer Alan Kestenbaum said Tuesday in a phone interview. “It’s there, and I think we’re going to see a historic rebound here as people get out and start living again."Also Read | How citizen data led India’s Covid battleIt’s a more exuberant tone for the CEO of the Hamilton, Ontario-based steelmaker, who was already upbeat about demand during the company’s Feb.
18 earnings call. Kestenbaum credits his revised outlook to better visibility on upcoming US car sales and a pickup in oil drilling.Automobile sales will start.