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Steel Dynamics Inc.
Latest News
SDI Reports Profitable Q4, Begins Commissioning of Aluminum Plant
23 January 2025 - Steel Dynamics Inc. (SDI) posted a fourth-quarter profit of US$1.36 per diluted share and said it expects to see healthy demand in the year ahead.
SDI Guides to Lower Q4 Earnings
17 December 2024 - Steel Dynamics Inc. (SDI) expects to see its fourth-quarter profits fall partly on account of lower average prices for its mills and an unplanned outage at its Butler, Ind., USA, facility.
Steel Dynamics Recognized by U.S. EPA
30 October 2024 - Steel Dynamics Inc. (SDI) has received a ranking from the U.S. Environmental Protection Agency's (EPA) Green Power Partnership after recently joining the program, the company has said.
SDI Announces Science-Based CO2 Intensity Targets
10 October 2024 - Steel Dynamics Inc. will look to reduce the CO2 intensity of its hot-rolled steel by 15% over the next six years under new science-based goals it has set as part of its participation in the Global Steel Climate Council.
U.S. Flat-Rolled Producers Lodge Dumping Complaint Over Corrosion-Resistant Sheet
09 September 2024 - Several U.S. steel producers and the United Steelworkers union have filed dumping complaints with the Commerce Department over imports of corrosion-resistant steel from several countries.
ABB Tapped for SDI Heartland Substation Improvements
29 July 2024 - Steel Dynamics Inc. (SDI) recently contracted to ABB to modernize an 18-breaker substation serving the steelmaker’s Heartland facility in Terre Haute, Ind., USA.
ABB Tapped for SDI Heartland Substation Improvements
29 July 2024 - Steel Dynamics Inc. (SDI) recently contracted to ABB to modernize an 18-breaker substation serving the steelmaker’s Heartland facility in Terre Haute, Ind., USA.
SDI Prepares to Start New Processing Lines
25 January 2024 - Steel Dynamics Inc. (SDI) has completed construction of its four new paint and galvanizing lines and expects to commission them sometime before the end of March, the company’s chief executive officer has said.
SDI Forecasts Lower Q4 Earnings
15 December 2023 - Steel Dynamics Inc. expects its fourth-quarter earnings to fall around 27% from last year on lower realized flat-rolled prices.
Steel Dynamics Reports Third-Quarter 2023 Results
19 October 2023 - The company yesterday reported its third-quarter 2023 financial results, which saw net sales of US$4.6 billion.
Steel Dynamics Announces Changes to Leadership Lineup
18 October 2023 - Steel Dynamics Inc. yesterday announced promotions for Christopher Graham, Richard Poinsatte, Angela Reeve, Christopher Gionti and Daniel Keown.
Mercedes-Benz Chooses SDI for Low-CO2 Steel
19 September 2023 - Steel Dynamics Inc. (SDI) will provide more than 50,000 metric tons of reduced-CO2 steel to Mercedes-Benz’s plant in Alabama under a newly signed procurement agreement, the automaker has announced.
New Agreement Advances SDI Decarbonization Plans
31 July 2023 - Steel Dynamics Inc. (SDI) will buy electricity from a Texas wind farm when it begins operating in 2024, the steelmaker has announced.
Steel Dynamics Inc. Reports Q2 Profit
20 July 2023 - Wider metal spreads and steady demand contributed to a US$812 million quarterly profit for Steel Dynamics Inc. (SDI), the company said Wednesday.
CEC Lands Engineering Contract for Steel Dynamics' Aluminum Mill
26 April 2023 - Steel Dynamics Inc. has awarded an engineering contract to Pittsburgh-based Civil & Environmental Consultants Inc. (CEC) for the steelmaker’s planned aluminum facilities.
Steel Dynamics Sees Healthy Steel Demand, Expects Profitable Q1
15 March 2023 - Steel Dynamics Inc.'s first-quarter earnings are likely to dip roughly 3%, but the company says demand in its steel, scrap and fabricated products businesses remains strong.
SDI Turns to Longtime Technology Partner for Aluminum Mill Build
09 March 2023 - Steel Dynamics Inc. has contracted SMS group to build its planned aluminum sheet mill, the plant engineer has announced.
SDI's Heart is in Steel, But Its Mind is on Aluminum
08 March 2023 - Steel Dynamics Inc. (SDI) broke ground Tuesday on its planned aluminum flat-rolled mill in Columbus, Miss., USA, a transformative project that will create a new line of business for the steelmaker and provide new source of domestically manufactured aluminum.
Steel Dynamics Executive Named Chief Operating Officer
09 February 2023 - Steel Dynamics Inc. (SDI) veteran and AIST board member Barry T. Schneider has been promoted to president and chief operating officer, the company announced on Thursday.
SDI Achieves Record Profitability in 2022
25 January 2023 - 2022 was a banner year for Steel Dynamics Inc. as the U.S. steelmaker posted record net sales, profits and shipments.
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