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    Market Segment

    April 21, 2022

    SDI Modestly Lowers Sinton’s 2022 Production Guidance

    Written by David Schollaert

    Steel Dynamics Inc. (SDI) expects that its new electric-arc furnace sheet mill in Sinton, Texas, will reach a run rate of approximately 80% by the end of the third quarter and over 90% by year-end, company executives said during the quarterly earnings conference call on Thursday.

    SDIThe Fort Wayne, Ind.-based steelmaker has said that it currently expects 2022 shipments from Sinton to be over 1.5 million tons, slightly behind its original goal of 2 million tons.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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