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
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