Steel Mills
SDI, Nucor, Reliance on Fortune's List of Most Admired Companies
Written by Sandy Williams
February 3, 2021
Steel Dynamics Inc. has been recognized by Fortune as one of the World’s Most Admired Companies in 2021, as well as ranking as the No. 1 best-regarded company in the metals industry.
“We are honored by this recognition,” said Mark D. Millett, SDI president and chief executive officer. “Our recognition is testimony to the extraordinary passion and spirit of excellence exhibited by our teams. It is their drive, innovation, and dedication to each other that propels Steel Dynamics to the highest standard of operational and financial performance. I thank each of them, and remind them, that their health and safety is our number one value and first priority.”
Additionally, 2021 World’s Most Admired Companies recognition was achieved by Nucor Corp. and Reliance Steel & Aluminum, ranking No. 2 and No. 3 in the metals industry, respectively.
The best-regarded companies in 52 industries are rated by executives, directors and analysts in each industry on nine criteria, from investment value and quality of management and products, to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.
Congratulations to the three U.S. steel companies for this recognition and leading the Fortune list in the global metals industry.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Nucor upbeat on progression of flat rolled expansions
Nucor isn’t overly concerned with low utilization rates or an oversupplied market, as its investment strategy is for the long term, executives reminded investors on Tuesday.
Nucor Q3 profit falls sharply on lower steel prices, further drop seen in Q4
Nucor's profits dropped precipitously in the third quarter on lower prices in its steel mills segment as the company expects a continued earnings slide for Q4'24.
Nucor holds HR base price at $720/ton
Nucor is holding its hot-rolled coil consumer spot price at $720/short ton this week.
Nucor commissions SMS group to upgrade Alabama plate mill
Nucor Corp. has commissioned SMS group to upgrade its Tuscaloosa, Ala., plate mill.
SDI presses on with steel, aluminum investments
Steel Dynamics Inc. remains optimistic about its prospects as it ramps up flat-rolled steel operations and prepares for the production of aluminum products next year. Executives from the Fort Wayne, Ind.-based steelmaker provided an update on the company’s operations on a conference call on Thursday held to discuss SDI’s third-quarter earnings results.