Steel Dynamics Plans to Add 4 Coating Lines in Southern & Midwest
Steel Dynamics Coating LinesBekaert

Steel Dynamics Plans to Add 4 Coating Lines in Southern & Midwest

US steel maker Steel Dynamics Inc has provided a strategic update concerning its ongoing and new flat roll steel growth initiatives. SDI President & Chief

US steel maker Steel Dynamics Inc has provided a strategic update concerning its ongoing and new flat roll steel growth initiatives. SDI President & Chief Executive Officer Mr Mark D Millett said “Given the success of our Sinton construction team, we are planning to add two additional value-added flat roll coating lines more quickly than originally planned. The site is yet to be determined but it will be located in the Southern US, to provide Sinton with similar diversification and higher-margin product capabilities as our Butler and Columbus Flat Roll Steel divisions. We also plan to construct two more value-added flat roll coating lines to be located in the Midwest US to further increase the diversification and cash generation capability of our Midwest flat roll steel operations.”

  1. Two Southern US Flat Roll Steel Coating Line Investments - The company plans to invest USD 225 million in two new flat roll steel coating lines to be located in the Southern US to support its Sinton Steel Mill that is planned to begin production in late summer 2021. The lines will be comprised of a 300,000-ton flat roll galvanizing line with Galvalume coating capability and a 240,000-ton paint line. Galvalume products represent the fastest growing flat roll steel market in the United States, primarily serving the metal building industry. Site location selection and engineering specifications are underway. The company currently expects the new Southern US coating lines to begin production in the second half of 2022.

  1. Two Midwest US Flat Roll Steel Coating Line Investments - The company also plans to invest between USD 175 million and USD 200 million in two new flat roll steel coating lines to be located in the Midwest to support its regional flat roll steel operations, providing them with more value-added product diversification to serve customer needs and increase through-cycle cash generation. The lines will be comprised of a 300,000-ton flat roll galvanizing line also with Galvalume coating capability and a 240,000-ton paint line. Site location selection and engineering specifications are underway. The company currently expects the new Midwest coating lines to begin production in the second half of 2022.

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