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Steel Dynamics Inc.
Latest News
Steel Dynamics Reports Q2 Profit
22 July 2020 - Despite the economic turmoil caused by the COVID-19 pandemic, Steel Dynamics Inc. (SDI) finished the second quarter in the black and expects demand to improve in the second half of the year, the steelmaker said Tuesday.
Construction on New Mill Proceeding Well, SDI Says
22 July 2020 - Steel Dynamics Inc. (SDI) is continuing to plan for a mid-2021 start of its new flat-rolled mill in Texas and is staffing up the facility. Speaking during the company’s second-quarter earnings call, SDI chief executive Mark Millett said construction is proceeding extremely well.
Air Liquide Plans US$100M Investment to Support SDI Mill
09 July 2020 - Air Liquide will invest more than US$100 million in new equipment and pipelines to support a long-term supply agreement with Steel Dynamics Inc.’s (SDI) Texas flat-rolled mill, the industrial gases distributor said Tuesday.
SDI Issues Q2 Guidance
19 June 2020 - Steel Dynamics Inc. (SDI) expects to report second-quarter earnings in the range of 29 cents to 33 cents per share, but is looking for business to improve as steel-consuming businesses resume operations.
IAC Secures Ancillary Equipment Order From New SDI Mill
18 June 2020 - Kansas-based Industrial Accessories Co. (IAC) recently was awarded contracts to install certain ancillary components of Steel Dynamics Inc.’s new flat-rolled mill in Texas.
SMS group Wins Caster Maintenance Contract
09 June 2020 - Steel Dynamics Inc. (SDI) has awarded SMS group a multi-year caster maintenance contract for its new flat-rolled facility in Sinton, Texas, USA.
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.
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