Steel Mills
Management Promotions at Steel Dynamics
Written by Sandy Williams
March 16, 2021
Steel Dynamics Inc. announced several management promotions. Named to Vice President were Jordan Breiner and William T. Scruggs, while current Vice Presidents Jeff Hansen and Richard Poinsatte will take on additional responsibilities for the Indiana-based steelmaker.
Breiner has been promoted to Vice President of Steel Dynamics in addition to his role as General Manager of the Butler Flat Roll Division. Breiner has led the Butler division since June 2014 and was named General Manager in 2017. He first joined SDI in 1997 as a metallurgist and has progressed through greater responsibilities as the flat roll operations grew.
Scruggs will add Vice President of Steel Dynamics to his role as Commercial General Manager of the Flat Roll Steel Group. Scruggs has been with SDI since 2003 and was named General Manger in August 2015.
Jeff Hansen, Vice President of Steel Dynamics – Human Resources, Health and Safety, will have Environmental Sustainability added to his title. Hansen, promoted as Vice-President in 2014, will now also be responsible for SDI’s strategy concerning environmental sustainability and climate-related matters.
Richard Poinsatte, Vice President and Treasurer of Steel Dynamics – Finance, Business Development and Risk, will have additional oversight regarding SDI’s long-term growth strategy and its relations with government and trade associations. Poinsatte joined Steel Dynamics in 2000 as CFO for one of the company joint venture businesses in steel fabrication and since 2008 has been responsible for the company’s treasury, risk and legal applications.
“I am excited and pleased to recognize these four individuals for their outstanding leadership and positive impact within our company,” said CEO Mark Millett. “Their passion and spirit of excellence reflect the foundational principles of Steel Dynamics. They embody our culture of safety, performance, innovation–and always putting our people first. They have each been key contributors to our success and strategic growth.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Government seeks extension in USS-Nippon lawsuit as talks continue
The government said it hopes to reach an agreement with the two companies outside of the courts, according to a filing last week.
Toyota Tsusho America to acquire Radius Recycling for $1.34 billion
The companies said Thursday that Radius shareholders will receive $30 per share in cash upon the deal’s closing, which is expected in the second half of this year.
Algoma resumes steel shipments to US, sees opportunity in tariffs
Algoma Steel has resumed shipments to the US, effective Friday, March 14. And the Canadian steelmaker sees a potential opportunity with the current tariff situation.
Algoma posts narrower Q4 loss, braces for tariff impact as US shipments pause
Algoma Steel's net loss narrowed in the fourth quarter vs. a year earlier amid economic uncertainty and tariff-related issues.
Evraz NA refutes report it falsified tests on plate for US military
Employees at Evraz North America, a subsidiary of Russia's Evraz plc, reportedly falsified quality control test results on armored plate for military vehicles. Evraz NA denies the claims.