Steel Dynamics Inc.

Latest News

SDI Optimistic for 2014 as It Reports 2013 Results

28 January 2014 - Steel Dynamics, Inc. announced fourth quarter net income of US$55 million on net sales of US$1.9 billion.

SMA Names New Leadership on Board of Directors

27 January 2014 - The Steel Manufacturers Association (SMA) Board of Directors announced that Richard Teets, Jr., executive vice president for steelmaking and president and COO of steel operations for Steel Dynamics, Inc., has been named chairman of the SMA Board of Directors for 2014–2015.

SDI Appoints New Board Member

20 December 2013 - Steel Dynamics, Inc. announced that Bradley S. Seaman has been appointed to its Board of Directors as an independent director, to fill a vacancy created by the untimely death on 18 October 2013 of board member James A. Trethewey.

Steel Dynamics Provides Fourth Quarter 2013 Earnings Guidance

18 December 2013 - Steel Dynamics Inc. provided fourth quarter earnings guidance, also commenting on current and expected future market conditions.

SDI Receives MCA Chairman's Award

12 December 2013 - Steel Dynamics Inc. and one of its customers, Metal Sales Manufacturing Corp. of Louisville, were among the metals-related companies to receive the Metal Construction Association’s (MCA) 2013 Chairman’s Award for Overall Excellence during this year’s Metalcon International convention in Atlanta.

SDI to Add Siemens Electrode Control System to Roanoke EAF

27 November 2013 - Steel Dynamics, Inc. (SDI) selects Siemens Metals Technologies to supply the Simetal Simelt AC electrode control system for its electric arc furnace (EAF) in Roanoke, Va.

SDI Optimistic as Demand for High-Quality Steel Continues to Improve

17 October 2013 - Steel Dynamics, Inc. (SDI) announced its earnings results for the third quarter of 2013 and also provided an outlook for the remainder of the year.

Steel Dynamics Provides Third Quarter Earnings Guidance

18 September 2013 - As it reported its earnings guidance for the third quarter of 2013, Steel Dynamics Inc. noted that increased profitability from the company's sheet operations is related to both higher volume and metal spread.

Steel Dynamics Provides Third Quarter Earnings Guidance

Steel Dynamics Remains Optimistic Despite Challenging Second Quarter

18 July 2013 - Steel Dynamics, Inc. said slower anticipated economic growth in China, suppressed economic growth in Europe, persistent uncertainty in the domestic economy, and domestic oversupply created a challenging quarter as it reported its second quarter earnings results.

Steel Dynamics Inc. Provides Second Quarter 2013 Earnings Guidance

18 June 2013 - Steel Dynamics, Inc. says persistent uncertainty in the domestic economic environment continues to hold consumer confidence at bay and influence customer buying patterns, but still believes second quarter steel shipments will be slightly higher than in the first quarter of the year.

Steel Dynamics, Inc. Announces Management Appointments

06 May 2013 - Steel Dynamics, Inc. announced two senior level management appointments.

Steel Dynamics Posts Solid Results in Difficult Market Environment in 1Q13

22 April 2013 - As it reported its first quarter earnings results, Steel Dynamics Inc. said the quarter was challenging from a market perspective, as customer confidence and buying patterns continued to be impacted by global economic uncertainty,

Steel Dynamics Subsidiary Recognized by General Motors as a 2012 Supplier of the Year

03 April 2013 - Steel Dynamics, Inc. announced that General Motors recognized one of the company's subsidiaries, Superior Aluminum Alloys LLC, as one of its best global automotive suppliers on Wednesday, 13 March 2013 during its 21st annual Supplier of the Year awards ceremony.

Steel Dynamics Provides First Quarter 2013 Earnings Guidance

19 March 2013 - Steel Dynamics, Inc. provided first quarter earnings guidance, noting that steel shipments are expected to be fairly flat in comparison to the fourth quarter of 2012, as decreases in galvanized sheet volume are expected to be offset by increased long product shipments.

SDI Announces John Nolan Will Lead New Product Development Initiative

06 March 2013 - Steel Dynamics, Inc. announced that John Nolan, vice president and general manager of the company's Structural and Rail Division, has been appointed to the newly created corporate level position of vice president – product development.

SDI Roanoke Bar Division Announces Price Decrease

22 February 2013 - Steel Dynamics Roanoke Bar Division announced it was decreasing the price of all products, except reinforcing bar, effective with shipments 15 February 2013.

SDI Optimistic for 2013 as it Reports Results for Challenging 2012

29 January 2013 - Despite a challenging fourth quarter and full-year 2012, Steel Dynamics Inc. is optimistic regarding the next year as demand for high-quality steel has not abated and market sectors continue to build momentum.

Steel Dynamics Inc. Provides Fourth Quarter 2012 Earnings Guidance

18 December 2012 - Steel Dyanamics Inc. expects fourth quarter overall steel shipments to be fairly flat in comparison to the third quarter, as increases in sheet volume are expected to be somewhat offset by decreased bar shipments as customers continue to maintain tight control over inventory.