Steel Mills
SMA Board Elects SDI CEO Millett as Chairman
Written by Michael Cowden
January 28, 2021
Steel Dynamics Inc. President and CEO Mark Millett has been elected to serve as board chairman of the Steel Manufacturers Association for the lobbying group’s 2021-22 term.
“The SMA is uniquely positioned to represent electric arc furnace steel producers, who over the last 30 years have emerged as the dominant force in North American steelmaking with the lowest CO2 emissions in the world,” Millett said in a statement.
A co-founder of SDI, Millett has been on the steelmaker’s board of directors since its inception in 1993. And SDI has grown rapidly under his watch, mostly recently with the construction of a new flat-rolled steel mill in Sinton, Texas.
“I am pleased to have one of our industry’s most respected leaders at the helm of an organization that supports safe and sustainable steelmaking,” SMA President Philip K. Bell said. “We have a tremendous story to share, and I am glad Mark is here to help tell it.”
Millett takes up the baton from Nucor COO David Sumoski, SMA’s prior board chairman.
SMA’s board also elected Charter Manufacturing President and COO Bob Venable as vice chairman and Sterling Steel President Kevin Mullen as treasurer.
Based in Washington, D.C., the SMA represents the U.S. EAF steelmaking industry, which accounts for approximately 70% of domestic steel output.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
USW seeks clarity on plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.
Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.
ArcelorMittal Mexico to import from sister mills as it works to resume DRI production
ArcelorMittal has partially restarted operations at its direct reduction plant in Lazaro Cardenas, Michoacan. An explosion on Aug. 18 rocked the massive steelworks on Mexico’s Pacific coast, impacting production of direct-reduced iron (DRI).
Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!
AISI: Domestic steel production ticks up
US raw steel production ticked up in the week ending on Sept. 6 after a decrease the week before, according to the most recent data from the American Iron and Steel Institute (AISI).