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    SDI Announces Partnership with Aymium to Reduce Emissions

    Written by Brett Linton


    Steel Dynamics Inc. (SDI) announced today the creation of a joint venture with Aymium, a producer of renewable biocarbon products. Operating under the name SDI Biocarbon Solutions, LLC, SDI will hold a 55% stake and Aymium owns the remaining 45%.

    The company plans to create a biocarbon production facility to supply SDI’s electric arc furnace mills with a renewable alternative to fossil-fuel carbon. With an estimated capital investment of $125-150 million, the initial capability is expected to be more than 160,000 metric tons per year. The facility is expected to start operating in late-2023.

    Brett Linton

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    Price on Trade: Milwaukee Framework is a step forward on steel excess capacity

    Members of the Global Forum on Steel Excess Capacity (GFSEC) met in Wisconsin last week and unveiled an updated plan to combat market-distorting excess capacity. The Milwaukee Framework adds color to the 2017 “Berlin Principles.” It is also a positive step in the ongoing battle against global steel market distortions. However, the Framework is only a guidepost. It must be implemented correctly to make an impact as new problems loom.