Steel Mills
SDI, Nucor, Reliance on Fortune's List of Most Admired Companies
Written by Sandy Williams
February 3, 2021
Steel Dynamics Inc. has been recognized by Fortune as one of the World’s Most Admired Companies in 2021, as well as ranking as the No. 1 best-regarded company in the metals industry.
“We are honored by this recognition,” said Mark D. Millett, SDI president and chief executive officer. “Our recognition is testimony to the extraordinary passion and spirit of excellence exhibited by our teams. It is their drive, innovation, and dedication to each other that propels Steel Dynamics to the highest standard of operational and financial performance. I thank each of them, and remind them, that their health and safety is our number one value and first priority.”
Additionally, 2021 World’s Most Admired Companies recognition was achieved by Nucor Corp. and Reliance Steel & Aluminum, ranking No. 2 and No. 3 in the metals industry, respectively.
The best-regarded companies in 52 industries are rated by executives, directors and analysts in each industry on nine criteria, from investment value and quality of management and products, to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.
Congratulations to the three U.S. steel companies for this recognition and leading the Fortune list in the global metals industry.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Algoma fires up EAF steelmaking with first arc
Algoma Steel reached a milestone in its transformation from blast furnace to electric arc furnace (EAF) steelmaking, with its Unit One EAF achieving its first steel production this week.
Nucor holds HR list price at $910/ton
Nucor is keeping its list price for spot hot-rolled coil unchanged after last week’s shortened holiday week.
Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.
Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.
Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.