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Steel Dynamics Inc.

Latest News

SDI Forecasts Improved Q3 Earnings

23 September 2020 - Steel Dynamics Inc.’s expects to see its third-quarter profits rise on improving market conditions, the company reports. 

Morgan Automation Tapped for Water Treatment System Project

03 September 2020 - Steel Dynamics Inc. has contracted Morgan Automation Systems Inc. to automate the water treatment system at its new Sinton, Texas, USA, flat-rolled mill. 

Plant Locomotives Rolling To SDI Plant

02 September 2020 - Locomotive rebuilder Motive Power Resources Inc. has shipped the first of four units to Steel Dynamics Inc.’s new Sinton, Texas, USA, facility, reports Railway Age magazine. 

Berry Metal Wins SDI Furnace Accessories Contract

19 August 2020 - Berry Metal Co. has been contracted to design and supply the chemical energy package for Steel Dynamics Inc.’s planned flat-rolled mill in Texas. 

We’re Ready to Work, Texas Community Tells SDI

17 August 2020 - Steel Dynamics Inc. (SDI) was inundated with job applications this weekend during an open application event in Texas, reports television news station KRIS-6.

Fives: Close Collaboration Allowed for Successful SDI Project 

06 August 2020 - In spite of the challenges created by the COVID-19 pandemic, Steel Dynamics Inc.’s (SDI) Mississippi sheet mill coated the first coil on its new galvanizing right on schedule, reports project contractor Fives. 

SDI Finalizes Mexican Scrap Acquisition 

05 August 2020 - Steel Dynamics Inc. (SDI) has closed on its acquisition of Mexican scrap processor Zimmer S.A. de C.V., a deal that gives it control of 500,000 gross tons of ferrous and non-ferrous scrap annually. 

Steel Dynamics Reports Q2 Profit

22 July 2020 - Despite the economic turmoil caused by the COVID-19 pandemic, Steel Dynamics Inc. (SDI) finished the second quarter in the black and expects demand to improve in the second half of the year, the steelmaker said Tuesday. 

Construction on New Mill Proceeding Well, SDI Says

22 July 2020 - Steel Dynamics Inc. (SDI) is continuing to plan for a mid-2021 start of its new flat-rolled mill in Texas and is staffing up the facility.  Speaking during the company’s second-quarter earnings call, SDI chief executive Mark Millett said construction is proceeding extremely well. 

Air Liquide Plans US$100M Investment to Support SDI Mill 

09 July 2020 - Air Liquide will invest more than US$100 million in new equipment and pipelines to support a long-term supply agreement with Steel Dynamics Inc.’s (SDI) Texas flat-rolled mill, the industrial gases distributor said Tuesday. 

SDI Issues Q2 Guidance

19 June 2020 - Steel Dynamics Inc. (SDI) expects to report second-quarter earnings in the range of 29 cents to 33 cents per share, but is looking for business to improve as steel-consuming businesses resume operations.  

IAC Secures Ancillary Equipment Order From New SDI Mill 

18 June 2020 - Kansas-based Industrial Accessories Co. (IAC) recently was awarded contracts to install certain ancillary components of Steel Dynamics Inc.’s new flat-rolled mill in Texas. 

SMS group Wins Caster Maintenance Contract

09 June 2020 - Steel Dynamics Inc. (SDI) has awarded SMS group a multi-year caster maintenance contract for its new flat-rolled facility in Sinton, Texas, USA.

The Systems Group Lands Order Related to New SDI Mill

01 June 2020 - Electric arc furnace (EAF) equipment manufacturer Systems Spray-Cooled, a division of The Systems Group, will help equip a new flat-rolled mill being built in Texas. 

Steel Processor Setting Up Shop at New SDI Mill

21 May 2020 - Steel processor JM Steel has unveiled a plan to build a facility at Steel Dynamics Inc.’s new flat roll mill in Sinton, Texas, USA. 

SDI: No Changes Yet to Texas Mill Construction Schedule

21 April 2020 - Steel Dynamics Inc. (SDI) said it continues to aim for a mid-2021 start-up of its new Texas sheet mill, but will re-evaluate that goal as the year progresses.  

Schenk Vision Lands Order for Inspection System for SDI Mill 

16 April 2020 - Steel Dynamics Inc. has chosen Schenk Vision to equip production lines at its new Texas sheet mill with a surface inspection and surface analysis system. 

Nucor, SDI Off to Solid 2020 Start, But Coronavirus Consequences Loom

19 March 2020 - Impacts from the coronavirus have so far been minimal, but Nucor and Steel Dynamics said Thursday that they each expect to see fallout further down the road.  

SDI Deepens Its Scrap Stream for Texas Mill 

02 March 2020 - Steel Dynamics Inc. is locking up additional scrap supply to feed its planned flat-rolled mill in Texas, announcing Monday that it is acquiring a Monterrey, Mexico-based scrap processor. 

Schenk Vision Bags Order from SDI Texas Mill

06 February 2020 - Steel Dynamics Inc. has contracted German inspection systems maker Schenk Vision to outfit its planned Texas flat-rolled mill with a surface inspection and analysis system. 

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