Final Thoughts
SDI Taps Schneider as President, COO
February 9, 2023
Steel Dynamics Inc. (SDI) has named Barry T. Schneider to the newly created position of president and COO, effective March 1.
Schneider is a 28-year veteran of the Fort Wayne, Ind.-based steelmaker. He has been senior vice president of its flat-roll steel group since March 2016, where he was responsible for flat-roll steel operations across three steel mills as well as numerous processing and value-added coating lines. Before 2016, Schneider served in various operational and leadership roles within SDI’s steel operations.
In his new role, Schneider will continue his current responsibilities and also assume responsibility of the company’s long products steel group, steel fabrication platform, and metals recycling platform.
“This appointment is in recognition of our ongoing meaningful growth strategy, and the need for continued growth and talent development within our leadership teams,” SDI chairman and CEO Mark D. Millett said in a statement.
Separately, Schneider serves as a director for the Association of Iron & Steel Technology (AIST).
He will continue to report to Millett.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Final Thoughts
Final Thoughts: AMU brings the news
Usually, I write about steel in this column because, well, we’re Steel Market Update. But before I get to steel, I want to give a shoutout to my colleagues at Aluminum Market Update (AMU) – SMU’s new sister publication.
Final Thoughts
If I could change something, it’d be this: Political news would get more boring. And news about steel prices and steel demand would get a little more exciting.
Final Thoughts: Survey says edition
SMU’s latest survey results indicate that steel market participants think sheet prices are at or near a bottom. But most also think there is limited upside once they inflect higher.
Final Thoughts
A recent IIMA meeting in Brazil shows how the US and much of the rest of the world are operating in parallel realities.
Final Thoughts
We moved our pricing momentum indicators from “lower” to “neutral” for all sheet products this week. For those keeping score, we had been at “lower” for six weeks. And I know some of you think we should have been there for even longer.