Final Thoughts
SDI Taps Schneider as President, COO
February 9, 2023
Steel Dynamics Inc. (SDI) has named Barry T. Schneider to the newly created position of president and COO, effective March 1.
Schneider is a 28-year veteran of the Fort Wayne, Ind.-based steelmaker. He has been senior vice president of its flat-roll steel group since March 2016, where he was responsible for flat-roll steel operations across three steel mills as well as numerous processing and value-added coating lines. Before 2016, Schneider served in various operational and leadership roles within SDI’s steel operations.
In his new role, Schneider will continue his current responsibilities and also assume responsibility of the company’s long products steel group, steel fabrication platform, and metals recycling platform.
“This appointment is in recognition of our ongoing meaningful growth strategy, and the need for continued growth and talent development within our leadership teams,” SDI chairman and CEO Mark D. Millett said in a statement.
Separately, Schneider serves as a director for the Association of Iron & Steel Technology (AIST).
He will continue to report to Millett.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Final Thoughts
Final Thoughts
It’s once again A Tale of Two Cities in the steel market. Some are almost euphoric about Trump’s victory. Others, some rather bearish, are more focused on the day-to-day market between now and Inauguration Day on Jan. 20.
Final Thoughts
One of the perhaps unintentional perks of being a trade journalist is the opportunity to travel and cover an array of industry conferences and events. Some I've attended have been at fun locations, like Palm Springs and Tampa, Fla. Others have been in more practical locations, like SMU’s Steel Summit in Atlanta and American Iron and Steel Institute (AISI) and Steel Manufacturers Association (SMA) meetings in Washington, D.C.
Final Thoughts
t this point in the game I think what we can say about Nippon Steel’s proposed buy of Pittsburgh-based U.S. Steel is that it will go through, it won’t go through, or the outcome will be something new and completely unexpected. Then again, I’m probably still missing a few options.
Final Thoughts
President-elect Donald Trump continues to send shockwaves through the political establishment (again). And steel markets and ferrous scrap markets continue to be, well, anything but shocking. As the French writer Jean-Baptiste Alphonse Karr wrote in 1849, "The more things change, the more they stay the same." (I thought the quote might have been Yankees catcher Yogi Berra in 1949. Google taught me something new today.)
Final Thoughts
President-elect Donald Trump will officially retake the White House on Jan. 20. I’ve been getting questions about how his administration’s policies might reshape the steel industry and domestic manufacturing. I covered the tumult and norm busting of Trump's first term: Section 232, Section 301, USMCA - and that's just on the trade policy side of things. It's safe to say that we'll have no shortage of news in 2025 when it comes to trade and tariffs.