• Skip to main content

    Market Segment

    January 25, 2022

    SDI Sinton to Hit Full Capacity in late 2H, Expansion 'Likely Is Unlikely': CEO

    Written by Michael Cowden

    Steel Dynamics Inc. (SDI) expects that its new electric-arc furnace sheet mill in Sinton, Texas, will reach a run rate close to its rated capacity in the second half of the year, the company’s top executive said.

    “We are anticipating the final piece of the jigsaw to be put in place here in the next few days, if not the next week or so,” SDI President and CEO Mark Millett said on a quarterly earnings conference call on Tuesday.

    Michael Cowden

    Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

    Read more from Michael Cowden

    Latest in Market Segment