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
What's going to be the next big thing in steel?
Final Thoughts
Based on the amount of ‘out of office’ replies we’ve been receiving and the results of this week’s steel buyers’ survey, those pesky summer doldrums have arrived for the steel industry.
Final Thoughts
Maybe some of this uncertainty will get ironed out ahead of Liberation Day tariffs resetting higher rates on July 9. But if I had to place a wager, it would be on more drama and last-minute brinksmanship - whether it comes to the Liberation Day tariffs or the various Section 232s that are in the works.
Final Thoughts
What should you keep your eye on, considering the latest geopolitical events?
Final Thoughts
Not many people in the North American steel market had direct US involvement in another Middle East conflict on their bingo card. Prices weren't expected to shoot higher unless something unexpected happened. That unexpected something has now happened. And there is talk of oil at $100 per barrel. What does that mean for steel?