SDI’s Sinton Galvanizing Line to Start in August
Galvanizing Line SMS

SDI’s Sinton Galvanizing Line to Start in August

US steel maker Steel Dynamics Inc Chairman & Chief Executive Officer Mr Mark D Millett in quarterly financial report issued an update

US steel maker Steel Dynamics Inc Chairman & Chief Executive Officer Mr Mark D Millett in quarterly financial report issued an update on the progress of the company’s new EAF flat roll mill in Sinton in Texas. He said “We and our customers continue to be extremely excited about our Sinton Texas EAF Flat Roll Steel Mill investment. It represents transformational competitively-advantaged strategic growth, with associated long-term value creation for all of our stakeholders. We are currently hot-commissioning the value-added paint line, and we expect the galvanizing line to be operational next month. The entire Sinton team is doing a tremendous job. Due to the excessive heavy rains in Texas, actual steel production will be delayed and is now planned to start mid fourth quarter 2021. Based on current plans, we believe shipments from Sinton could be in the range of 100,000 tons during the remainder of 2021 and between 2.2 million tons to 2.4 million tons in 2022.”

He added “"We also plan to invest approximately USD 450-500 million in four additional value-added flat roll steel coating lines comprised of two paint lines and two galvanizing lines with Galvalume coating capability, a set of which will be located in the Southern US to provide Sinton with the same diversification and higher-margin product capabilities as our two existing flat roll steel divisions. The other two lines will be located in the Midwest to support growing coated flat roll steel demand and to further increase the diversification and cash generation capacity of our existing Midwest operations. Based on current estimates, we believe these four lines will likely begin operating sometime in the second half of 2022.”

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