Steel Mills
December 20, 2022
SDI To Join S&P 500 Index
Written by Becca Moczygemba
Steel Dynamics Inc. (SDI) is joining the S&P 500® index. The addition goes into effect prior to market opening on Thursday, Dec. 22.
SDI was founded in 1993 and began producing steel in 1996 at its first mill in Butler, Ind. The steelmaker’s most recent facility in Sinton, Texas, was constructed in 2021. The Texas mill has the capacity to produce 3 million short tons per year, and increased SDI’s production capacity by 25%.
