Steel News

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.

SDI Ready to Roll on Texas Mill

24 January 2020 - Steel Dynamics Inc. has received the necessary environmental permits for its planned Texas flat roll mill and is ready to begin full construction, chief executive officer Mark Millett said Thursday.

Record Mill Shipments, Strong Sales Contributed to Profitable Year at SDI

23 January 2020 - Despite falling steel prices that marked much of 2019, Steel Dynamics Inc. (SDI) recorded one of its best years ever, posting record shipments and near-record net sales, the company reported Thursday.

Steel Demand Intact, But SDI Expects Lower Q4 Profits

17 December 2019 - Planned outages, lower prices and seasonally lower shipments are likely to offset Steel Dynamics Inc.’s fourth-quarter profits, the company has said.

Spooled Coil Production Begins at SDI Plant

02 December 2019 - A new billet welder and bar spooling line have entered service at Steel Dynamics Inc.’s Columbia City, Ind., USA, mill and are producing spooled coils of up to 5 tons in endless mode.

Fives Wins Equipment Order From Steel Dynamics

28 October 2019 - Steel Dynamics Inc. (SDI) has contracted Fives for a new high-efficiency skinpass mill to be installed at its GalvTech facility in Pittsburgh, Pa., USA.

Nucor, SDI Say Lower Steel Prices Likely to Weigh on Q3 Profits

18 September 2019 - Steel Dynamics Inc. and Nucor Corp. are forecasting lower third-quarter profits on account of declining steel prices.

SMS group Lands Contract for US$1.9 Billion Sheet Mill

24 July 2019 - Steel Dynamics Inc. (SDI) has selected SMS group to build its planned US$1.9 billion flat-rolled mill in Texas, the equipment supplier revealed on Wednesday.

Steel Dynamics Sites Planned Mill in Texas

22 July 2019 - Steel Dynamics Inc. will build its US$1.9 billion flat-roll mill in Sinton, Texas, about 30 miles northwest of the port of Corpus Christi, the company announced Monday.

SDI Wins Tax Break for Mill Site

27 June 2019 - A Texas school board has greenlighted a tax incentive plan for Steel Dynamics Inc., seemingly clearing the way for a final decision on the steelmaker’s planned US$1.8 billion flat-rolled mill.

Millett: Recent Mill Investments Will Help Keep Industry Competitive

18 June 2019 - Steel Dynamics Inc. chief executive Mark Millett swatted down criticisms of the U.S. steel industry’s recent spate of capital investments, saying that revitalizing assets and implementing new technologies is critical to surviving in a global marketplace.

SDI Draws Near to Site Decision on New Sheet Mill

13 June 2019 - The Texas Comptroller’s office has ruled that Steel Dynamic Inc.’s proposed southwest flat-rolled mill qualifies for local tax breaks, a decision that potentially opens the door to an agreement on economic incentives for the mill – and possibly a final decision on its location.

SMS group Moves Toward Completion of SDI Columbus Upgrades

13 May 2019 - SMS group said it expects to begin commissioning several upgrades it is making to a Steel Dynamics Inc. (SDI) sheet mill this summer.

Steel Dynamics Finalizes Buy-In of Galvalume Distributor

07 March 2019 - Steel Dynamics Inc. has finalized its acquisition of a majority stake in a Texas-based distributor of Galvalume.