Steel Dynamics Inc.
Latest News
Nucor, SDI Report Hefty Q3 Profits
18 October 2018 - America’s two biggest electric arc furnace producers each saw third-quarter profits rise on higher prices and shipments, they reported on Thursday.
SMA Presents Awards for Safety, Environmental Stewardship and Community Involvement
08 October 2018 - The Steel Manufacturers Association has recognized a Steel Dynamics Inc. employee for his on-going efforts to improve the industry’s safety.
Nucor, Steel Dynamics Expect Q3 Earnings Growth
18 September 2018 - Nucor Corp. and Steel Dynamics Inc. are forecasting higher third-quarter earnings on continued strength in demand, the steelmakers have said.
Steel Dynamics Takes the Keys to Closed Bar Mill, Eyes November Restart
18 September 2018 - Steel Dynamics Inc. has finalized its acquisition of shuttered Kentucky Electric Steel for US$5 million and plans to reopen the facility in November.
Steel Dynamics Working on Deal for Idled Mill in Kentucky
24 July 2018 - Steel Dynamics Inc. is planning to acquire a shuttered bar mill in Kentucky, chief executive Mark Millett said Tuesday.
Steel Dynamics Closes on Acquisition of Sheet Processing Facility
02 July 2018 - Steel Dynamics Inc. has finalized its acquisition of the former Heartland Steel sheet processing plant from Companhia Siderurgica Nacional.
Steel Dynamics Plans New Galvanizing Line for Mississippi Sheet Mill
28 June 2018 - Steel Dynamics Inc. plans to add a third galvanizing line to its Columbus, Miss., USA, sheet plant and make US$90 million to US$100 million in other improvements there.
SDI Expands Flat-Rolled Operation Through US$400 Million Acquisition
15 May 2018 - Steel Dynamics Inc. said it will acquire Companhia Siderurgica Nacional’s (CSN) coil processing operation in Terre Haute, Ind., USA, for US$400 million in cash.
Indiana Steelmaker Expects Increase in Q1 Earnings
19 March 2018 - Steel Dynamics Inc. is forecasting first-quarter earnings of between 88 and 92 cents per diluted share, up nearly 10% over the same quarter last year.
Steel Dynamics Had a Great Year. Here's Why.
23 January 2018 - Steel Dynamics Inc. had a banner year in 2017 as the company set new records for steel shipments, sales and safety, it said on Tuesday.
Danieli Lands Expanded Order from Steel Dynamics
16 January 2018 - Danieli said it has won a follow-on order for a water treatment plant at Steel Dynamics Inc.’s Columbia City, Ind., USA, bar mill.
Steel Imports, Refinancing Mute Steel Dynamics' Q3 Profits
19 October 2017 - Third-quarter profits at Steel Dynamics Inc. slipped 2.5% on costs associated with debt refinancing and competition from imports, which limited price increases, the company announced Thursday.
Steel Dynamics' Third-Quarter Earnings Expected to Miss Forecast
20 September 2017 - Steel Dynamics Inc. said it expects to report third-quarter earnings of between 61 cents and 65 cents per share, missing analysts’ expectations.
Steel Dynamics Orders Danieli Spooler Line
17 August 2017 - Danieli has won a contract to install spooled bar equipment at Steel Dynamics Inc.’s Columbia City, Ind., USA, structural and rail mill.
Steel Dynamics Takes One to the Snout
21 July 2017 - A bad line component forced Steel Dynamics Inc.’s (SDI) new Galvalume and paint lines to go down in the second quarter, contributing to an estimated US$30 million impact on earnings, SDI chief executive Mark Millett said on Thursday.
Higher Steel Prices Boost Q2 Profits at Steel Dynamics
20 July 2017 - Steel Dynamics Inc. saw its second-quarter profits rise 8.5% on higher average prices for its steel.
Steel Dynamics to Add Rebar Capabilities to Indiana Mill
05 July 2017 - U.S.-based Steel Dynamics Inc. plans to add a US$75 million rebar line to its structural and rail mill in Columbia City, Ind., the steelmaker announced on Wednesday.
Steel Dynamics' Co-Founder Recognized for Steel Industry Contributions
26 May 2017 - Steel Dynamics Inc. (SDI) co-founder Richard P. Teets has received the Steel Manufacturers Association’s Iverson-Selig Award in recognition of his decades of service and contributions to the electric arc furnace industry.
Steel Dynamics Sees Increase in Demand, Profits
20 April 2017 - Improving steel demand and rising prices allowed Steel Dynamics Inc. to more than double its first-quarter profits, the company said on Wednesday.
SDI Expects Q1 Earnings to Rise Sharply
20 March 2017 - Steel Dynamics Inc. is forecasting a significant improvement in its first-quarter earnings on rising shipments and expanding spreads.
