Steel Product Producers
SDI, Wabash link up on 10-year supply deal
Written by David Schollaert
October 1, 2024
Wabash National and Steel Dynamics Inc. (SDI) have signed a 10-year supply agreement that secures “critical steel components” for Wabash’s growing operations, the company said in a press release.
The Lafayette, Ind.-based trailer manufacturer said the deal ensures high-priority capacity and a backup supply of hot-rolled, galvanized, painted steel coils, and steel crossmembers.
“We are excited to formalize our long-standing relationship with Steel Dynamics,” Wabash VP of Global Supply Chain Richard Mansilla said. “This agreement fortifies our supply chain with high-priority capacity during critical demand periods, ensuring our ability to meet customer needs without the constraints often faced by other manufacturers.”
SDI has supplied steel products to Wabash for the past 14 years. The new agreement includes backup supply from multiple SDI facilities.
Further terms were not disclosed.
“Having collaborated for many years, we are pleased to extend our partnership with Wabash through this long-term agreement,” SDI President and COO Barry Schneider said.
“This agreement aligns both of our companies to better serve the future demands of the commercial transportation industry, providing stability to our mutual customers,” he added.
Wabash said it has similar long-term agreements in place with other suppliers, including Rockland Flooring, J.B. Hunt, and Hydro.
David Schollaert
Read more from David SchollaertLatest in Steel Product Producers
Lundgren bids farewell to Radius in CEO transition under new ownership
Tamara L. Lundgren has stepped down as CEO of Radius Recycling as of Sept. 1. She will remain executive chairman through the end of November.
Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!
AISI: Domestic steel production ticks up
US raw steel production ticked up in the week ending on Sept. 6 after a decrease the week before, according to the most recent data from the American Iron and Steel Institute (AISI).
Domestic mill shipments slip in July: AISI
US steel shipments decreased month over month in July, but were up from last year, according to the latest figures from the American Iron and Steel Institute (AISI).
Nippon and USS drop litigation vs. USW and Cliffs
Another chapter of the Great U.S. Steel Buyout of the 2020s melodrama has closed, with all involved parties terminating the litigation disputes between them.