Steel Mills
January 22, 2019
Steel Dynamics Posts Record Year
Written by Sandy Williams
Steel Dynamics is excited about its recently announced plans for a new steel mill in the Southwest. After an outstanding year, breaking records for shipments, sales, net income and cash flow, CEO Mark Millett is looking forward to filling a steel void in the southwestern U.S. and Mexico.
Steel Dynamics hopes to announce a site for the new mill within eight weeks and to begin construction this year once permits are secured. Sixty percent of production from the 3-million-ton mill will be directed to the four-state region of Texas, Oklahoma, Arkansas and Louisiana, and 40 percent to Mexico.
