STLD

Steel Dynamics Announces Leadership Appointments

Retrieved on: 
Monday, April 1, 2024
Grove City College, STLD, Metal, Partner (business rank), Steel, University, MBA, Steel Dynamics, Ohio University, Safety, Marketing, Engineering, EAF, Management

FORT WAYNE, Ind., April 1, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced leadership appointments for James Anderson and Chad Bickford.

Key Points: 
  • FORT WAYNE, Ind., April 1, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced leadership appointments for James Anderson and Chad Bickford.
  • Additionally, the Steel Fabrication Group will benefit from Chad's detailed steel fabrication operational experience, coupled with his recent leadership positions within our steel operations.
  • Mr. Bickford will also report to Barry Schneider, as a Vice President of Steel Dynamics for the Steel Fabrication Group.
  • Prior to joining the company's steel operations, Mr. Bickford held increasing leadership roles within New Millennium since 2003, gaining broad-based commercial, operational, and strategic leadership experience within the company's steel fabrication platform.

Gulf Inland Logistics Park Sells 55 Acres to OmniSource, a Subsidiary of Steel Dynamics Inc.

Retrieved on: 
Tuesday, November 7, 2023
Other Manufacturing, Other Transport, Textiles, Trucking, Steel, Rail, Transport, Chemicals, Plastics, Manufacturing, Logistics, Supply Chain Management, Gulf Coast of the United States, Metal, United, City, STLD, Collection, Rail freight transport, Recycling

Gulf Inland Logistics Park , a 2,400-acre rail-served industrial park developed by Liberty Development Partners, today announced that OmniSource LLC, a wholly owned subsidiary of Steel Dynamics, Inc (NASDAQ: STLD), has acquired a 55-acre, rail-served tract within Gulf Inland Logistics Park to expand its metals recycling operations along the Gulf Coast.

Key Points: 
  • Gulf Inland Logistics Park , a 2,400-acre rail-served industrial park developed by Liberty Development Partners, today announced that OmniSource LLC, a wholly owned subsidiary of Steel Dynamics, Inc (NASDAQ: STLD), has acquired a 55-acre, rail-served tract within Gulf Inland Logistics Park to expand its metals recycling operations along the Gulf Coast.
  • “OmniSource, a prominent player in North America's scrap and secondary metals industry, has found a strategic home in Gulf Inland Logistics Park,” said Marcus Goering, Principal at Liberty Development Partners.
  • “Gulf Inland Logistics Park's strategic proximity to Houston and its direct connectivity to key road and rail networks make it the perfect site for our latest metals recycling facility,” remarked Miguel Alvarez President at OmniSource.
  • Also currently under construction, Rolke Road will stretch 7,000 feet from Highway 90 to the entrance of Gulf Inland Logistics Park.

Steel Dynamics Announces Leadership Appointments

Retrieved on: 
Tuesday, October 17, 2023
Senior, Western Governors University, MBA, Engineering, Indiana Wesleyan University, Chemical engineering, Risk, Culture, University of Saint Francis (Indiana), Steel Dynamics, Safety, University, Rose–Hulman Institute of Technology, Growth, Steel, Science, STLD, Structure, Treasurer, Business development, EAF, Management

Mr. Graham has been with Steel Dynamics since 1994, holding various operational and leadership roles within both the steel fabrication and steel operations, and was part of the teams that constructed the Butler Flat Roll and Structural and Rail steel mills.

Key Points: 
  • Mr. Graham has been with Steel Dynamics since 1994, holding various operational and leadership roles within both the steel fabrication and steel operations, and was part of the teams that constructed the Butler Flat Roll and Structural and Rail steel mills.
  • Christopher Gionti has been promoted to Vice President of Steel Dynamics in recognition of his contributions to the company's operations and leadership.
  • Mr. Gionti joined Steel Dynamics in 1998 as a plant mechanical engineer at the company's Butler Flat Roll Steel Division and progressively grew in leadership responsibilities, including manager roles at the company's Engineered Bar Products Steel Division and as an operations manager within the company's flat rolled steel processing operations.
  • Mr. Keown joined Steel Dynamics in 1998 as a process engineer at the company's Butler Flat Roll Steel Division and progressively grew in leadership responsibilities, including leading the company's Engineered Bar Products Steel Division as its General Manager from 2014 to 2021.

Steel Dynamics Provides Third Quarter 2023 Earnings Guidance

Retrieved on: 
Monday, September 18, 2023
STLD, Steel, Video game, Warehouse

FORT WAYNE, Ind., Sept. 18, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided third quarter 2023 earnings guidance in the range of $3.46 to $3.50 per diluted share.

Key Points: 
  • FORT WAYNE, Ind., Sept. 18, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided third quarter 2023 earnings guidance in the range of $3.46 to $3.50 per diluted share.
  • Comparatively, the company's sequential second quarter 2023 earnings were $4.81 per diluted share, and prior year third quarter earnings were $5.03 per diluted share.
  • Third quarter 2023 profitability from the company's steel operations is expected to be significantly lower than sequential second quarter results, based on metal spread contraction as lower realized flat rolled steel pricing more than offset lower scrap costs.
  • Third quarter 2023 earnings from the company's metals recycling operations are expected to be lower compared to sequential second quarter results, based on lower volume and metal spread compression as pricing declined throughout the quarter.

Steel Dynamics Appoints Jennifer Hamann to the Company's Board of Directors

Retrieved on: 
Friday, September 15, 2023
Union Pacific Corporation, University, Senior, Union Pacific Railroad, Marketing, UNP, Audit committee, Knowledge, STLD, Kansas City Southern (company), Transport, Steel, NYSE, University of Nebraska Press, Management, Finance

FORT WAYNE, Ind., Sept. 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS:STLD) today announced that its Board of Directors has appointed Jennifer L. Hamann to the Company's Board of Directors.

Key Points: 
  • FORT WAYNE, Ind., Sept. 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS:STLD) today announced that its Board of Directors has appointed Jennifer L. Hamann to the Company's Board of Directors.
  • Ms. Hamann, age 56, will serve as an independent director and participate as a member of the Company's Audit Committee.
  • Among numerous strong leaderships characteristics and logistics expertise, Ms. Hamann brings a diversified background to the Steel Dynamics Board.
  • Ms. Hamann earned an M.B.A. in business administration and a bachelor's degree in finance from the University of Nebraska.

Steel Dynamics is a Proud Supporter of The Steel Climate Standard to Reduce Greenhouse Gas Emissions

Retrieved on: 
Thursday, August 3, 2023
Carbon accounting, Silent Scope 2, GHG, Carbon, Sustainability, Standard, Investment, Steel Dynamics, Geography, STLD, GSCC, Steel, Renewable energy

FORT WAYNE, Ind., Aug. 3, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced that the company supports The Steel Climate Standard.

Key Points: 
  • FORT WAYNE, Ind., Aug. 3, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced that the company supports The Steel Climate Standard.
  • The Steel Climate Standard was published today by the Global Steel Climate Council (GSCC) to provide a technology-agnostic global standard to measure and report steel product greenhouse gas (GHG) emissions and provide a science-based target-setting framework to enable the industry to reduce carbon emissions.
  • "We are proud to be a founding member of the Global Steel Climate Council," said Mark D. Millett, Chairman and Chief Executive Officer.
  • "The Steel Climate Standard is a simple and understandable benchmark for reducing the steel industry's greenhouse gas emissions," said Jeff Hansen, Vice President Environmental Sustainability and GSCC Board Member.

Steel Dynamics Accelerates Progress Towards Decarbonization Goals with Renewable Energy

Retrieved on: 
Monday, July 31, 2023
NextEra Energy Resources, ERCOT, Silent Scope 2, Electricity, Steel, Carbon, Wind, Steel Dynamics, STLD, NextEra Energy, Renewable energy

This project marks significant progress toward the company's decarbonization goals.

Key Points: 
  • This project marks significant progress toward the company's decarbonization goals.
  • "As one of North America's largest steel producers and its largest metals recycler, we are excited to be collaborating with NextEra Energy Resources, the world's largest generator of renewable energy from the wind and sun, to place new renewable energy onto the ERCOT power grid," stated Mark D. Millett, Chairman and Chief Executive Officer of Steel Dynamics.
  • Steel Dynamics was advised on the agreement by Schneider Electric Energy and Sustainability Services, who assisted the company in its project selection and negotiations.
  • "Large energy consumers, such as Steel Dynamics, are well suited to benefit from the development of large renewable energy projects," stated Rebecca Kujawa, President and Chief Executive Officer of NextEra Energy Resources.

Steel Dynamics Named One of America's Best Employers for Women by Forbes

Retrieved on: 
Friday, July 28, 2023
Steel Dynamics, Growth, Statista, STLD, Woman, Steel, Nursing

FORT WAYNE, Ind., July 28, 2023 /PRNewswire/ -- Forbes named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of America's Best Employers for Women for 2023.

Key Points: 
  • FORT WAYNE, Ind., July 28, 2023 /PRNewswire/ -- Forbes named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of America's Best Employers for Women for 2023.
  • Steel Dynamics was the only steel producer receiving this designation.
  • Forbes partnered with Statista to compile the list of America's Best Employers for Women.
  • Forbes' America's Best Employers for Women list and details on the selection methodology are available at: https://www.forbes.com/lists/best-employers-women .

Steel Dynamics Announces Second Quarter 2023 Cash Dividend

Retrieved on: 
Monday, May 15, 2023
STLD, Steel, Holding company

FORT WAYNE, Ind., May 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.425 per common share.

Key Points: 
  • FORT WAYNE, Ind., May 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.425 per common share.
  • The dividend is payable to shareholders of record at the close of business on June 30, 2023 and is payable on or about July 14, 2023.

Steel Dynamics is a Proud Supporter of The Steel Climate Standard to Reduce Greenhouse Gas Emissions

Retrieved on: 
Wednesday, April 26, 2023
Carbon accounting, Silent Scope 2, GHG, Carbon, Sustainability, Organization, Investment, Steel Dynamics, Geography, STLD, GSCC, Steel, Renewable energy

FORT WAYNE, Ind., April 26, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company supports The Steel Climate Standard.

Key Points: 
  • FORT WAYNE, Ind., April 26, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company supports The Steel Climate Standard.
  • The Steel Climate Standard was published by the Global Steel Climate Council (GSCC) to provide a technology-agnostic global standard to measure and report steel product greenhouse gas (GHG) emissions and provide a science-based target-setting framework to enable the industry to reduce carbon emissions.
  • In publishing its standard, the GSCC invited interested organizations to review The Steel Climate Standard and submit comments, which are due by May 17, 2023.
  • "We are proud to be a founding member of the Global Steel Climate Council," said Mark D. Millett, Chairman and Chief Executive Officer.