Steel Mills

SMA Board Elects SDI CEO Millett as Chairman

January 28, 2021

Steel Dynamics Inc. President and CEO Mark Millett has been elected to serve as board chairman of the Steel Manufacturers Association for the lobbying group’s 2021-22 term.

“The SMA is uniquely positioned to represent electric arc furnace steel producers, who over the last 30 years have emerged as the dominant force in North American steelmaking with the lowest CO₂ emissions in the world,” Millett said in a statement.

EAF Sparks A co-founder of SDI, Millett has been on the steelmaker’s board of directors since its inception in 1993. And SDI has grown rapidly under his watch, mostly recently with the construction of a new flat-rolled steel mill in Sinton, Texas.

“I am pleased to have one of our industry’s most respected leaders at the helm of an organization that supports safe and sustainable steelmaking,” SMA President Philip K. Bell said. “We have a tremendous story to share, and I am glad Mark is here to help tell it.”

Millett takes up the baton from Nucor COO David Sumoski, SMA’s prior board chairman.

SMA’s board also elected Charter Manufacturing President and COO Bob Venable as vice chairman and Sterling Steel President Kevin Mullen as treasurer.

Based in Washington, D.C., the SMA represents the U.S. EAF steelmaking industry, which accounts for approximately 70% of domestic steel output.

By Michael Cowden, Michael@SteelMarketUpdate.com

Michael Cowden

Michael Cowden is managing editor for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.