Steel Dynamics Inc.
Latest News
Steel Dynamics Inc. Announces Leadership Changes
04 August 2026 - Steel Dynamics Inc. (SDI) announced Theresa Wagler has been approved to become its new president and chief executive officer as Mark Millett retires from chief executive officer and transitions to executive chairman of the board of directors, among other leadership changes.
SDI’s Aluminum Dynamics Moves Closer to Reaching Production Capacity
22 July 2026 - Steel Dynamics Inc. (SDI) has begun commissioning the last of three cold mills serving its new aluminum business, unshackling the operation’s ability to achieve nameplate capacity.
Sustained Steel Demand Fuels SDI’s Q2 Profits
21 July 2026 - Steel Dynamics Inc.’s (SDI’s) second-quarter profits surged on higher steel prices and healthy demand, the steel and aluminum manufacturer reported Monday.
Millett: SDI is Receiving Warm Welcome from Aluminum Buyers
17 June 2026 - Not only are customers accepting Steel Dynamics Inc.’s aluminum, they are embracing it, the company’s chief executive officer said Wednesday.
Steel Dynamics Taps SMS group for Process Automation Modernization
28 May 2026 - SMS group announced it has been selected by Steel Dynamics Inc. (SDI) to modernize the process automation system at its hot strip mill in Buter, Ind., USA.
SDI's Aluminum Dynamics Ramping Up Production
23 April 2026 - Steel Dynamics Inc. is speeding through the ramp-up of its new aluminum sheet business, with the rolling the rolling mill projected to achieve a 90% monthly capacity utilization rate by year’s end.
Steel Dynamics: Richard P. Teets Jr., Gabriel L. Shaheen to Retire From Board of Directors
01 April 2026 - Steel Dynamics Inc. (SDI) announced its co-founder and past AIST president Richard P. Teets Jr., and Gabriel L. Shaheen will retire from its board of directors, effective 6 May 2026 as of the 2026 Annual Meeting of Shareholders.
BlueScope Opens Door to Discuss Takeover Proposal From SGH, Steel Dynamics
26 February 2026 - BlueScope has asked for further clarification on the takeover proposal from SGH Ltd. and Steel Dynamics Inc., providing a basis on which the company would be willing to discuss further.
SGH, Steel Dynamics Submit Another Takeover Proposal to Buy Out BlueScope
18 February 2026 - Australian steelmaker BlueScope Steel Ltd. is reviewing a revised, US$11 billion cash takeover offer from Steel Dynamics Inc. and partner SGH Ltd.
Millett: SDI Would Maximize Value of BlueScope’s North American Business
28 January 2026 - Steel Dynamics Inc. (SDI)’s offer to buy BlueScope Steel’s North American business was not an opportunistic attempt to gobble up assets on the cheap, but rather an honest and sincere proposal to unlock value and grow the operation, SDI chairman Mark Millett has said.
BlueScope Rejects Takeover Bid From SGH, Steel Dynamics
07 January 2026 - Australia's BlueScope Steel Ltd. has rejected a takeover bid from a consortium that includes SGH Ltd. and Steel Dynamics Inc.
BlueScope Confirms Receipt of Bid to Acquire All Shares
05 January 2026 - BlueScope has confirmed it received an unsolicited bid from an Australian and U.S. consortium to purchase all shares in BlueScope for US$30.00 cash per share.
SDI Taps OmniSource VP to Lead Scrap Unit
11 November 2025 - Steel Dynamics Inc. has promoted Matt Bell to president of OmniSource, the steelmaker’s metals recycling platform, the company has announced.
SDI Becomes Latest Steelmaker to Add Branded Green Steel to Portfolio
27 October 2025 - Steel Dynamics Inc. (SDI) has launched a line of lower-CO₂ steels designed to support customers in meeting their sustainability goals.
SDI: Solid Demand, and Greater Contribution From Texas Mill, Drive Record Q3 Shipments
22 October 2025 - Steel Dynamics Inc. (SDI) reported record third-quarter steel shipments and began shipping biocarbon from its new facility in Mississippi, the company has reported.
Steel Dynamics to Fully Acquire New Process Steel
19 August 2025 - After acquiring a minority stake in its largest flat-rolled customer more than three years ago, Steel Dynamics Inc. is buying the remaining equity interest in the business, the steelmaker said on Tuesday.
SDI Foundation Pledges US$2 Million to Pellegrino Student Design Center
25 June 2025 - Trine University announced it has received a US$2 million pledge from the Steel Dynamics Foundation Inc. for its new John and Mary Pellegrino Student Design Center.
Steel Dynamics Rolls its First Aluminum Coils
17 June 2025 - Steel Dynamics Inc.’s new aluminum business reached a milestone over the weekend, rolling its first hot coils on Sunday.
Steel Dynamics Announces Leadership Changes
12 May 2025 - Steel Dynamics Inc. announced Miguel Alvarez will take responsibility and oversight for its aluminum operations while Glenn Pushis will retire from his role but continue to provide consulting services, effective 1 October 2025.
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.
