Steel Mills

SDI CEO Mark Millet Named “Steelmaker of the Year”
Written by Sandy Williams
May 10, 2014
Mark Millet, president and chief executive officer of Steel Dynamics Inc. has been named “Steelmaker of the Year” by the Association for Iron & Steel Technology (AIST). The award is presented annually to recognize notable leaders for their impact on the steel industry.
Millet also received the AIST William T. Hogan SJ Lecture Award for his paper “Making Money in the Steel Industry is Not a Mystery,” which he presented as the keynote address at the AIST Tech 2014 conference.
“It is both gratifying and humbling to receive such an award when it is at the discretion of one’s peers. In his book, “Outliers,” Malcolm Gladwell highlights that success is more often than not born of a discrete, unique opportunity. I have been blessed, since my life has been full of opportunity, from a wonderful family, to wonderful friends and partners, and a fulfilling career,” said Millet at the AIST conference.
Millet has been president and CEO of SDI since January 2012. As one of the co-founders of SDI, he held a variety of senior management positions at the company as well as serving on the board of directors since the inception of the company in 1993. Prior to the formation of SDI, Millett was employed by Nucor Corp. for 12 years, serving in key technical and management roles He earned a bachelor’s degree with honors in metallurgy from the University of Surrey, England.
Previous recipients of the prestigious Steelmaker of the Year award include Lakshmi Mittal, John Ferriola and Ken Iverson.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Cliffs highlights auto recovery, slab contract exit while still bleeding red
Cleveland-Cliffs Inc. pointed to signs of recovery in its third-quarter earnings report on Monday. Improved automotive volumes and a better product mix drove sequential gains, but the steelmaker’s financials continue to bled red.

CMC Q4 profits rise on improved market conditions
CMC reported higher net earnings in its fiscal fourth quarter on "better market conditions" across its segments.

AISI: Raw steel production drops to multi-month low
After being historically strong for more than four months, US raw steel production fell for a second week.

U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.

August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.