Steel Products

SDI Announces Management Changes
Written by Becca Moczygemba
October 17, 2023
Steel Dynamics, Inc. (SDI) announced changes to its management team in a press release on Tuesday.
The steelmaker said that Christopher Graham will take the place as SVP of the flat-roll group. Graham will also remain the interim leader for the long products steel group until a replacement is announced.
Graham has been with the Fort Wayne, Ind.-based steel maker since 1994. He will continue to report to Barry Schneider, president and COO, the release said.
“The increased scope and complexity within our flat-roll steel group will benefit from Chris’ operational and cultural guidance as we continue to differentiate ourselves and grow this platform,” Mark D. Millett, chairman and CEO, said in the release.
Richard Poinsatte joined SDI in 2000, and has been promoted to SVP and treasurer for finance, business development, and risk. Previously, He joined SDI in 2000 and since 2008 Poinsatte was responsible for SDI’s treasury, risk, and legal applications.
He will continue to report to Theresa Wagler, SDI CFO and EVP, according to the release.
Additionally, Angela Reeve has been named VP of Steel Dynamics – human resources. Joining the company in 1995, she most recently served as human resources director.
Christopher Gionti has been named VP of Steel Dynamics and GM of the structural and rail steel division. Gionti joined SDI in 1998 and has served as SDI’s rail steel division GM since 2014, and will continue in this role as well.
Likewise, Daniel Keown joined SDI in 1998 and has been named VP of Steel Dynamics and GM of the Columbus flat-roll steel division. Since 2021 he has been in the GM of Columbus position in Mississippi, and will also continue in this role.
“Their passion and spirit of excellence reflect the foundational principles of Steel Dynamics. They embody our culture of safety, performance, innovation – and always place our people first,” Millett said. “They have each been key contributors to our success.”

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products

Rig count: US, Canada counts edge up as weather cools down
Active rotary rigs in the US and Canada are up for the second consecutive week, according to Baker Hughes.

Heating and cooling equipment shipments fall with season change in October
October saw domestic heating and cooling equipment shipments drop for a second consecutive month, according to the latest data released from the Air Conditioning, Heating, and Refrigeration Institute (AHRI).

CRU: More aluminum producers prioritize decarbonization: Industry shift towards sustainability
The LME Aluminum 3-month price is moving up again on the morning of Dec. 8 and was last seen trading at $2,157 per metric ton. The way the price increased first thing in the morning suggests a support may have finally been found, but resistance could hit quickly at $2,200 /metric ton. SHFE cash was […]

SMU survey: Direction of mill lead times mixed on holiday season lull
Movements in lead times were mixed in SMU’s check of the market this week – a reflection of the seasonal dip in ordering that is typically seen during the winter holiday season.

Steel shipments bounce back in October
American steel mills sent out more tons of steel in October than the previous month, according to the latest monthly data from the American Iron and Steel Institute (AISI). Domestic mills shipped 7,346,373 net tons in October, up 1.3% from the 7,252,942 tons sent out in September. Shipments were also up 1.9% compared to the […]