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Steel Dynamics Inc.
Latest News
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.
Steel Dynamics Announces Leadership Appointments in Flat Roll Group
21 December 2020 - Steel Dynamics Inc. (SDI) has announced three executive appointments, including the head of its newest steel mill in Sinton, Texas, USA.
With Flat-Rolled Prices Rising, Nucor, SDI Forecast Higher Q4 Earnings
17 December 2020 - The two major U.S. mini-mill operators are each expecting fourth-quarter earnings to outpace their Q4 2019 results, the companies said on Thursday.
SDI Sees Q3 Profit on Recovering Auto Sector
20 October 2020 - A strong demand recovery led Steel Dynamics Inc. to a profitable third quarter, the Indiana-based steelmaker said on Monday.
American Steel Companies Optimistic About Industry's Future
01 October 2020 - The U.S. steel industry will emerge from the pandemic-driven economic downturn leaner, stronger and all the more technologically capable, several industry leaders said during AIST’s Virtual Town Hall Forum Wednesday morning.
SDI Forecasts Improved Q3 Earnings
23 September 2020 - Steel Dynamics Inc.’s expects to see its third-quarter profits rise on improving market conditions, the company reports.
Morgan Automation Tapped for Water Treatment System Project
03 September 2020 - Steel Dynamics Inc. has contracted Morgan Automation Systems Inc. to automate the water treatment system at its new Sinton, Texas, USA, flat-rolled mill.
Plant Locomotives Rolling To SDI Plant
02 September 2020 - Locomotive rebuilder Motive Power Resources Inc. has shipped the first of four units to Steel Dynamics Inc.’s new Sinton, Texas, USA, facility, reports Railway Age magazine.
Berry Metal Wins SDI Furnace Accessories Contract
19 August 2020 - Berry Metal Co. has been contracted to design and supply the chemical energy package for Steel Dynamics Inc.’s planned flat-rolled mill in Texas.
We’re Ready to Work, Texas Community Tells SDI
17 August 2020 - Steel Dynamics Inc. (SDI) was inundated with job applications this weekend during an open application event in Texas, reports television news station KRIS-6.
Fives: Close Collaboration Allowed for Successful SDI Project
06 August 2020 - In spite of the challenges created by the COVID-19 pandemic, Steel Dynamics Inc.’s (SDI) Mississippi sheet mill coated the first coil on its new galvanizing right on schedule, reports project contractor Fives.
SDI Finalizes Mexican Scrap Acquisition
05 August 2020 - Steel Dynamics Inc. (SDI) has closed on its acquisition of Mexican scrap processor Zimmer S.A. de C.V., a deal that gives it control of 500,000 gross tons of ferrous and non-ferrous scrap annually.
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.
