Steel Mills

SDI's Millett wins Korf/Iverson Steel Vision Award
Written by Ethan Bernard
June 18, 2024
Steel Dynamics Inc.’s (SDI’s) top executive, Mark D. Millett, has received the 2024 Willy Korf/Ken Iverson Steel Vision Award.
The award honors leaders who have made noteworthy contributions to the steel industry, while at the same time promoting goodwill and integrity.
“Mark has driven meaningful innovation and growth in the steel industry throughout his career, and has led transformational strategic growth at Steel Dynamics,” Theresa E. Wagler, SDI EVP and CFO, said in a statement on Tuesday.
Millett co-founded Steel Dynamics in 1993. He has been CEO since January 2012 and was named chairman of the board in May 2021.
He has helped guide SDI to its current status “as a leading industrial metals solutions company with over 12,000 team members,” the company said.
“We are incredibly proud of him and this peer recognition regarding his industry contributions,” Wagler added.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Mills

ArcelorMittal to start building electrical steel mill in Alabama this year
ArcelorMittal announced on Thursday that it will begin the construction of its new $1.2-billion electrical steel mill in Alabama later this year. The steelmaker said it is proceeding with plans to build the new mill near its existing AM/NS joint venture in Calvert, Ala. The ArcelorMittal Calvert plant will have an annealing pickling line, cold-rolling […]

AISI: US steel shipments rise in December
Domestic steel shipments increased month over month and year on year in December, according to the latest data from the American Iron and Steel Institute (AISI). US steel mills shipped 7,145,016 short tons (st) in December, up 0.9% from 7,082,921 st in December 2023 and 6.6% higher than 6,702,557 st in November 2024. For the full-year […]

Cliffs, USW cite First Amendment in USS/Nippon litigation; seek case dismissal
The union says the suit is "a frivolous and unsubstantiated attack on our union simply for exercising our First Amendment rights."

AISI: Weekly raw steel output ticks higher
The volume of raw steel produced by US mills slightly increased last week, according to American Iron and Steel Institute (AISI) data. Last week’s production rate represents the second-highest level recorded this year.

Opening briefs filed in Nippon/USS lawsuit vs. US government
Together, Nippon Steel, Nippon Steel North America, and U.S. Steel announced the filing of their opening brief in their litigation to invalidate the government’s decision to block their announced merger. The brief lays out “how President Biden made a predetermined decision for political reasons, not national security, causing CFIUS to engage in a sham review […]