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Steel Dynamics Inc.
Latest News
SDI Starts Up New Paint Line at Mississippi Sheet Mill
21 December 2016 - Steel Dynamics Inc. has finished installing a new continuous paint line at its Mississippi sheet plant and coated its first coil there, according to the vendor on the project.
SMS group Wins Caster Maintenance Contract
09 November 2016 - Gerdau Ouro Branco has awarded SMS group a three-year contract for maintenance services, the mill equipment maker has announced.
Danieli Tapped for Upgrades to SDI Galvanizing Line
04 November 2016 - Danieli Fata Hunter has won two contracts for upgrades to the No. 1 galvanizing line at Steel Dynamics Inc.’s Butler, Ind., sheet mill.
U.S. Producers Materially Injured by Dumped Rebar , Says Trade Commission
03 November 2016 - U.S. producers appear to have been harmed by dumped rebar from Japan, Taiwan and Turkey, the U.S. International Trade Commission said in a preliminary ruling on Thursday.
Steel Dynamics Forecasts Rising Q3 Profits
20 September 2016 - U.S.-based Steel Dynamics Inc. said it expects to double its third-quarter per-share profit due to a widening gap between average steel prices and scrap costs.
Steel Dynamics Acquires Scrap Yards in Tennessee, Mississippi
15 August 2016 - Metals recycler Sims Metal Management Ltd. has divested certain scrap yards in the eastern United States, selling them to Steel Dynamics Inc. for an undisclosed amount, according to reports.
Commerce Department Sets Duties on Hot Rolled Coil Imports
08 August 2016 - The U.S. Commerce Department will impose anti-dumping duties of between 3.7 and 34.3 percent on hot rolled coil from seven countries, the department has announced.
Steel Dynamics Completes US$114M Vulcan Acquisition
02 August 2016 - Steel Dynamics Inc. has finalized its acquisition of threaded rod manufacturer Vulcan Threaded Products Inc., the company has announced.
Commerce Department Clears the Way for Anti-Dumping Duties on Cold Rolled Steel
22 July 2016 - The U.S. Commerce Department has set final anti-dumping margins of between 1 percent and 35.4 percent on cold rolled steel from five countries – Brazil, Korea, Russia, India and the United Kingdom.
SDI Looks for New Paint Line to Start in Early 2017; Wins Quality Certification for Premium Rail
19 July 2016 - Construction of a new paint line at Steel Dynamics Inc.’s Columbus, Miss., plant is on budget and on schedule, chief executive Mark Millet said on Tuesday.
Improving Flat Rolled Market Lifts Profits at Steel Dynamics
18 July 2016 - Steel Dynamics Inc. saw its second-quarter profits more than double due in part to improving conditions in the flat rolled sector, the company said on Monday.
Steel Dynamics Expands SBQ Finishing Capabilities Through US$126M Deal
30 June 2016 - U.S.-based Steel Dynamics Inc. is acquiring America’s largest maker of threaded rod for US$126 million, the company announced on Thursday.
U.S. Trade Commission Upholds Duties on Corrosion-Resistant Steel
27 June 2016 - The U.S. International Trade Commission has affirmed that domestic producers are being harmed by imports of corrosion-resistant steel from five countries, including China.
U.S. Cold Rolled Producers Injured by Imports, U.S. Trade Commission Finds
22 June 2016 - American producers have been harmed by unfairly traded imports of cold rolled sheet from China and Japan, the U.S. International Trade Commission ruled on Wednesday.
Steel Dynamics Expects Profitable Second Quarter on Improvements in Flat Rolled Market
13 June 2016 - U.S.-based Steel Dynamics Inc. expects to nearly double its second-quarter profits over the first quarter due to better metal spreads and increased shipments, the company said on Monday.
Steel Manufacturers Association Announces Winners of Safety, Innovation Awards
27 April 2016 - The Steel Manufacturers Association has named Gerdau’s Midlothian, Texas, plant as the recipient of the Don B. Daily SMA Achievement in Safety, its highest safety award.
Improvements in Flat Rolled Market Help Boost Steel Dynamics' Q1 Profits
21 April 2016 - U.S.-based Steel Dynamics Inc. doubled its first-quarter profits on greater shipments and improving market conditions, especially in its flat rolled business, the company reported Thursday.
The Techs Engineer Named ASTM Committee Chair
15 April 2016 - Margaret A. Farabaugh, a technical services engineer for hot-dipped galvanizer The Techs, has been named chairperson of ASTM international committee A05 on metallic-coated iron and steel products, the standards maker has announced.
Steel of West Virginia Awarded Specialty Manufacturing Certification
08 April 2016 - Maritime standards maker Lloyds Register has certified Steel of West Virginia Inc. as a producer of steel “bulb flats,” a specialty product used in shipbuilding, the company has announced.
Steel Dynamics Sees Some Market Improvement, And Profitability
16 March 2016 - U.S.-based Steel Dynamics Inc. said some market aspects have improved and expects to report first-quarter earnings of between 22 and 26 cents per diluted share, exceeding analysts’ estimates.
