Steel Mills

SDI announces leadership changes in longs, fabrication
Written by Ethan Bernard
April 1, 2024
Steel Dynamics Inc. (SDI) has announced new roles for current executives James Anderson and Chad Bickford.
SDI said James Anderson will take over responsibility and oversight for the company’s long products group, effective May 1.
These operations include the company’s four EAF long product steel mills and several smaller facilities, representing ~5 million short tons of annual steel shipping capability.
Anderson led the company’s steel fabrication business as New Millennium Building Systems’ president since 2019 and as its COO from 2015-19, SDI said. He will continue to report to Barry Schneider, SDI president and COO.
Because Anderson is leaving for a new role, Chad Bickford will take over responsibility and oversight for the company’s steel fabrication group. Since February 2023, Bickford has been responsible for the company’s Butler, Ind., flat-rolled steel mill. He, too, will report to Schneider, SDI said.
“I am excited and pleased to recognize Jim and Chad for their outstanding leadership and positive impact within our company,” SDI Chairman and CEO Mark D. Millett said in a statement on Monday.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Mills

Ternium pushes forward with growth projects despite slump in earnings and Mexican market
Ternium S.A. Fourth quarter ended Dec.31 2024 2023 Change Net sales $3,876 $4,931 -21.4% Net income (loss) $333 $554 -39.9% Per diluted share $1.43 $2.11 -32.2% Full year ended Dec.31 Net sales $17,649 $17,610 0.2% Net income (loss) $174 $986 -82.4% Per diluted share $(0.27) $3.44 -108% (in millions of dollars except per share) While […]

Kestenbaum, Ancora state their case in proxy fight for U.S. Steel
Ancora Holdings is moving forward with its proxy fight to oust U.S. Steel’s leadership and install a new board of directors and Alan Kestenbaum as CEO.
BlueScope shelves midstream facility but still upbeat on US
BlueScope Steel is pulling back on its expansion plans in the US for now but remains optimistic about the North American market.

Japanese PM cites ‘unjust political interference’ in Nippon/USS deal: Report
Japan’s Prime Minister Shigeru Ishiba said on Monday that former President Joe Biden’s decision to block Nippon Steel’s buy of U.S. Steel was “unjust political interference,” according to a report in Reuters. This comes after another Reuters report on Friday saying that President Trump would not object to Nippon taking a minority stake in the […]

Trump says Nippon will ‘invest heavily’ in USS rather than buy it
Nippon Steel has agreed to “invest heavily in U.S. Steel as opposed to own it,” President Donald Trump said on Friday during a press conference with Japanese Prime Minister Shigeru Ishiba. U.S. Steel is “a very important company” and was once “the greatest company in the world”. Of potential foreign ownership of the Pittsburgh-based steelmaker, Trump said, “the concept, psychologically, not good."