Steel Dynamics Inc.
Latest News
SDI Has Heart Set on US$231 Million Expansion to Indiana Facility
03 August 2021 - Steel Dynamics Inc. (SDI) is seeking to pump US$231 million into improvements to its Heartland operations in Terre Haute, Ind., USA, reports the Tribune-Star newspaper.
Bad Weather Delays SDI Mill Construction
21 July 2021 - Heavy rains and flooding in southeastern Texas have forced Steel Dynamics Inc. (SDI) to delay the planned start of steelmaking at its new flat-rolled mill.
SDI Posts Another Record Quarter: 'We Can't Make Enough Steel'
20 July 2021 - Steel Dynamics Inc. posted a record second quarter on Monday and said it potentially could do even better in the three months ahead.
SDI Sets 2050 Carbon Neutrality Goal
07 July 2021 - Steel Dynamics Inc. (SDI) has joined the list of steel producers pledging carbon neutrality, announcing Wednesday that it hopes to achieve the goal by 2050.
Polytec Lands Order for Caster Manipulator
01 July 2021 - Steel Dynamics Inc.'s structural and rail division has ordered what will be its first fully automated manipulator from robotics and automation specialist Polytec.
Tubemaker to Set Up Mill at SDI Site
07 June 2021 - Bull Moose Tube Co. has announced plans to build a 350,000-ton pipe and tube mill on the campus of a new flat-rolled steel mill in Texas.
SDI’s Mark Millett Named Board Chairman
24 May 2021 - Steel Dynamics Inc. president and chief executive Mark D. Millett can now add board chairman to his title.
SDI Wins Permit for Texas Mill
21 May 2021 - Steel Dynamics Inc. (SDI) has received the wastewater discharge permit for its Sinton, Texas, flat-rolled mill, reports the (Corpus Christi, Texas) Caller Times newspaper.
SDI Reports Record Q1 Profit, Prepares to Start Parts of Texas Mill
22 April 2021 - Steel Dynamics Inc. (SDI) is reiterating expectations that it will start process lines at its new flat-rolled mill late this spring.
SDI to Build Four New Paint, Galvanizing Lines
15 April 2021 - Steel Dynamics Inc. (SDI) on Thursday revealed plans to build four new flat-rolled coating lines in the U.S., representing an investment of at least US$400 million.
SDI Reaches Agreement on Wastewater Permit Objections
25 March 2021 - Steel Dynamics Inc. (SDI) and an environmental group have reached a deal that should lead to approval of a wastewater discharge permit for the steelmaker’s under-construction flat-rolled mill in Texas, reports the Bloomberg news service.
SDI Thinks a Record Quarter Is in the Offing
18 March 2021 - Steel Dynamics Inc. said it potentially could post a record profit in the first quarter as strong demand and rising prices boost its bottom line.
SDI Promotes Four Veteran Managers
17 March 2021 - Steel Dynamics Inc. (SDI) has promoted the general manager of its Butler, Ind., USA, flat-rolled operation to vice president and given another longtime manager additional responsibilities.
Toll Processor To Set Up Shop in SDI Mill
19 February 2021 - Toll processor Ferrous85" Co. will install and operate a slitting at Steel Dynamics Inc.’s Sinton, Texas, USA, sheet mill, the company has announced.
First Coils at New SDI Mill Expected This Summer
02 February 2021 - Steel Dynamics Inc.’s (SDI) new flat-rolled mill remains on track for a summertime start-up, but some operations could begin as soon as this spring.
Steel Dynamics’ Q4 Profits Increase
28 January 2021 - Steel Dynamics Inc. (SDI) saw its fourth-quarter earnings climb to US$188 million on near-record steel shipments and rising prices and is looking for the positive momentum to continue going into the new year.
Steel Dynamics Announces Leadership Appointments in Flat Roll Group
21 December 2020 - Steel Dynamics Inc. (SDI) has announced three executive appointments, including the head of its newest steel mill in Sinton, Texas, USA.
With Flat-Rolled Prices Rising, Nucor, SDI Forecast Higher Q4 Earnings
17 December 2020 - The two major U.S. mini-mill operators are each expecting fourth-quarter earnings to outpace their Q4 2019 results, the companies said on Thursday.
SDI Sees Q3 Profit on Recovering Auto Sector
20 October 2020 - A strong demand recovery led Steel Dynamics Inc. to a profitable third quarter, the Indiana-based steelmaker said on Monday.
American Steel Companies Optimistic About Industry's Future
01 October 2020 - The U.S. steel industry will emerge from the pandemic-driven economic downturn leaner, stronger and all the more technologically capable, several industry leaders said during AIST’s Virtual Town Hall Forum Wednesday morning.
