Steel Dynamics will construct two new coating lines in the Southern United States in conjunction with its new flat-rolled mill in Sinton, Texas. The lines had been planned by SDI, but the company is moving up the timetable on their construction.

Steel Dynamics targets mid-2021 opening for its 3 million ton flat-rolled steel mill in Texas.

Ferrous85 Co. will install and operate the largest slitting line in North America at Steel Dynamics’ new Sinton, Texas, facility, the company says. Ferrous85 will provide SDI and its customers toll slitting of hot-rolled and hot-rolled pickled and oiled material.

Steel Dynamics, Inc., Fort Wayne, Ind., reported fourth-quarter net sales of $2.6 billion. Sales were up 10.6 percent from the same quarter in 2019, and up 11.6 percent from the prior quarter.

Steel Dynamics President and CEO Mark Millett has been elected chairman of the Steel Manufacturers Association. The SMA is the leading trade group for electric arc furnace steelmaking.

A promising year for the industrial economy was turned on its head by the biggest public health crisis the globe has seen in more than a century.

Paragon Steel, on the campus of Steel Dynamics Inc. in Butler, Ind., is a leading Midwestern distributor and processor of hot-rolled, cold-rolled and coated flat-rolled steel. The facility is adding a new ultra high-strength Braner/Loopco slitting line. The installation will be complete by the end of the first quarter. The new line will be Paragon’s fourth slitting line at the company’s Plant One.

Tex-Isle Inc. will open a new ERW tubular mill in Robstown, Texas, in the third quarter. The facility will be adjacent to Tex-Isle’s existing OCTG heat treating, inspection and threading facility.

Unity Aluminum, Ashland, Ky., has appointed Barry Schneider to its board of directors, effective January 1. Schneider has decades of experience in the metals industry, including mill startups. He serves as senior vice president - Flat Roll Group for Steel Dynamics, Inc.

Steel Dynamics Inc., Fort Wayne, Ind., has made its leadership appointments for the company’s new Southwest-Sinton Flat Roll Steel division and its Columbus operation.

The strong market conditions for steel producers that marked the end of 2020 will soon run headlong into new and returning capacity.

Lehner embraces change on the way to transforming the industry’s oldest business into a model for the next 178 years.

Steel Dynamics Inc., Fort Wayne, Ind., reported net sales of $2.3 billion in the third quarter, bouncing back from the previous quarter but still below the same quarter in 2019. Net sales were down 7.8 percent from third-quarter 2019, but up 11.2 percent from the prior quarter.

Over the course of just six months, Cleveland-Cliffs has become the largest integrated steelmaker in the United States. The steelmaking raw material supplier followed up its earlier acquisition of AK Steel with Monday’s blockbuster $1.4 billion purchase of ArcelorMittal USA’s assets.

Two years ago, the only number that mattered to the North American metal production community was 232. Today, it’s 19.

JM Steel, a JENNMAR affiliate, will expand its footprint outside the Southeast with construction of a facility near Steel Dynamics’ new mill in Sinton, Texas. SDI is building a 3 million-ton mill with “next generation: EAF technology, expected to open in 2021.

Steel Dynamics, Fort Wayne, Ind., reported first-quarter sales of $2.6 billion, a decline of 7.1 percent from the same quarter in 2019. Sales were 8.3 percent higher than the prior quarter.

Steel Dynamics reported net income of $671 million in 2018, well short of the company’s record $1.3 billion in income in 2018. Net sales for the year declined 11 percent to $10.5 billion.