Steel Dynamics Inc.
Latest News
SDI Reports Record Third Quarter
20 October 2021 - In an investors call earlier this week, Steel Dynamics Inc. (SDI) chairman and chief executive Mark Millett said the company saw third-quarter net sales of a record US$5.1 billion and net earnings of US$991 million.
SDI to Acquire Minority Interest in New Process Steel
18 October 2021 - Steel Dynamics Inc. (SDI) announced in a press release that it has entered into an agreement to acquire a 45% minority interest in Houston, Texas, USA-based metals solutions provider New Process Steel L.P.
Steel Dynamics Secures Tax Break for Heartland Expansion
15 September 2021 - Local officials in Indiana have approved an economic incentive for a potential Steel Dynamics Inc. (SDI) expansion in the state, the Tribune-Star newspaper reports.
SDI Sees Another Profitable Quarter on the Horizon
15 September 2021 - Steel Dynamics Inc. (SDI) is forecasting a record third quarter, driven again by strong demand and elevated prices.
SDI Has Heart Set on US$231 Million Expansion to Indiana Facility
03 August 2021 - Steel Dynamics Inc. (SDI) is seeking to pump US$231 million into improvements to its Heartland operations in Terre Haute, Ind., USA, reports the Tribune-Star newspaper.
Bad Weather Delays SDI Mill Construction
21 July 2021 - Heavy rains and flooding in southeastern Texas have forced Steel Dynamics Inc. (SDI) to delay the planned start of steelmaking at its new flat-rolled mill.
SDI Posts Another Record Quarter: 'We Can't Make Enough Steel'
20 July 2021 - Steel Dynamics Inc. posted a record second quarter on Monday and said it potentially could do even better in the three months ahead.
SDI Sets 2050 Carbon Neutrality Goal
07 July 2021 - Steel Dynamics Inc. (SDI) has joined the list of steel producers pledging carbon neutrality, announcing Wednesday that it hopes to achieve the goal by 2050.
Polytec Lands Order for Caster Manipulator
01 July 2021 - Steel Dynamics Inc.'s structural and rail division has ordered what will be its first fully automated manipulator from robotics and automation specialist Polytec.
Tubemaker to Set Up Mill at SDI Site
07 June 2021 - Bull Moose Tube Co. has announced plans to build a 350,000-ton pipe and tube mill on the campus of a new flat-rolled steel mill in Texas.
SDI’s Mark Millett Named Board Chairman
24 May 2021 - Steel Dynamics Inc. president and chief executive Mark D. Millett can now add board chairman to his title.
SDI Wins Permit for Texas Mill
21 May 2021 - Steel Dynamics Inc. (SDI) has received the wastewater discharge permit for its Sinton, Texas, flat-rolled mill, reports the (Corpus Christi, Texas) Caller Times newspaper.
SDI Reports Record Q1 Profit, Prepares to Start Parts of Texas Mill
22 April 2021 - Steel Dynamics Inc. (SDI) is reiterating expectations that it will start process lines at its new flat-rolled mill late this spring.
SDI to Build Four New Paint, Galvanizing Lines
15 April 2021 - Steel Dynamics Inc. (SDI) on Thursday revealed plans to build four new flat-rolled coating lines in the U.S., representing an investment of at least US$400 million.
SDI Reaches Agreement on Wastewater Permit Objections
25 March 2021 - Steel Dynamics Inc. (SDI) and an environmental group have reached a deal that should lead to approval of a wastewater discharge permit for the steelmaker’s under-construction flat-rolled mill in Texas, reports the Bloomberg news service.
SDI Thinks a Record Quarter Is in the Offing
18 March 2021 - Steel Dynamics Inc. said it potentially could post a record profit in the first quarter as strong demand and rising prices boost its bottom line.
SDI Promotes Four Veteran Managers
17 March 2021 - Steel Dynamics Inc. (SDI) has promoted the general manager of its Butler, Ind., USA, flat-rolled operation to vice president and given another longtime manager additional responsibilities.
Toll Processor To Set Up Shop in SDI Mill
19 February 2021 - Toll processor Ferrous85" Co. will install and operate a slitting at Steel Dynamics Inc.’s Sinton, Texas, USA, sheet mill, the company has announced.
First Coils at New SDI Mill Expected This Summer
02 February 2021 - Steel Dynamics Inc.’s (SDI) new flat-rolled mill remains on track for a summertime start-up, but some operations could begin as soon as this spring.
Steel Dynamics’ Q4 Profits Increase
28 January 2021 - Steel Dynamics Inc. (SDI) saw its fourth-quarter earnings climb to US$188 million on near-record steel shipments and rising prices and is looking for the positive momentum to continue going into the new year.