Steel Dynamics Inc.
Latest News
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.
SDI Co-Founder Richard Teets Calls it a Career and Announces March Retirement
17 February 2016 - Steel Dynamics Inc. co-founder and former AIST board president Richard P. Teets Jr. has announced he’ll retire in March, bringing to an end a nearly 40-year steelmaking career and prompting the company to reorganize its management structure.
Steel Dynamics, Mississippi Officials Mark Start of Plant Expansion
25 January 2016 - U.S.-based Steel Dynamics Inc. (SDI) has broken ground on the company’s new paint line and Galvalume production facility at its Columbus, Miss., USA, plant.
AK Steel, Steel Dynamics Expecting Low-Cost Imports to Weigh Down Fourth-Quarter Results
18 December 2015 - AK Steel Corp. said it expects to report a greater-than-anticipated net loss of between 33 cents and 38 cents per share in the fourth quarter, due in part to costs associated with idling its Kentucky blast furnace.
Infrastructure Spending Not a Panacea for Steel Demand, Says SDI Executive
26 October 2015 - Despite a school of thought that says otherwise, an increase in public spending on America's crumbling infrastructure likely won't do much to lift steel demand, according to Steel Dynamics Inc. (SDI) Vice President Christopher A. Graham.
U.S. Trade Commission Pursues Cold Rolled Import Investigation
25 September 2015 - Producers from seven countries appear to be selling hot rolled coil at less than market value, undercutting American producers, the U.S. International Trade Commission (ITC) has ruled.
