Subsidiary

SDI Lafarga Copperworks

Overview

Entry-level position that assists in all functions of receiving and scrap bay.

Responsibilities

Unload trucks of scrap metal and raw material
Assist in coordination of receiving activities
Unload shipments of parts and supplies
Sort incoming scrap metal
Perform routine inventories of products

Qualifications

Ability to make critical decisions
Must be detail oriented
Ability to make quick decisions in fast-paced, team-oriented work environment
Possess a self-starter quality for seeking input and details from resources
Solid mechanical aptitude and a desire to problem solve
Ability to identify and resolve problems in a timely manner
Able to deal with frequent change, delays, or unexpected events
Must have good math skills, as well as oral and written communication skills
Must be able to lift 75 pounds
Possess a willingness to work in cold/hot outside conditions as well as hot inside conditions

Steel Dynamics, Inc., and all affiliated entities are equal opportunity employers.

About the company

Steel Dynamics uses a circular manufacturing model to produce steel from recycled scrap in electric arc furnaces, feeding its mills through its metals recycling operations. Its products include steel for construction, automotive, and energy, structural steel fabrication, and aluminum flat-rolled products for sustainable beverage cans. The company differentiates itself through vertical integration of recycling and steelmaking, a diversified mix of steel, recycled metals, and fabricated components, and by expanding into aluminum can materials. Its goal is to lower carbon emissions, raise recycled content, and grow market share in both traditional steel markets and sustainable material applications.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Fort Wayne, Indiana

Founded

1993

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Simplify's Take

What believers are saying

July 20, 2026 Q2 sales hit $6.1 billion, with $534 million net income.
Record 3.7 million-ton steel shipments and higher spreads lifted steel operating income 30%.
August 4, 2026 CEO succession preserved continuity while Theresa Wagler deepened operating control.

What critics are saying

Aluminum startup losses were $33 million in Q2 2026, despite a 48% improvement.
Steel pricing strength depends on tariffs; a policy reversal would quickly compress margins.
A sustained aluminum ramp failure and steel cycle downturn would trap capital in low-return assets.

What makes Steel Dynamics unique

Steel Dynamics runs scrap-fed EAF mills, recycling metals into lower-carbon steel across America.
August 4, 2026 CEO succession preserved continuity while Theresa Wagler deepened operating control.
The Columbus, Mississippi aluminum platform ties recycled content to beverage-can and auto customers.

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Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Paid Vacation
Flexible Work Hours
Performance Bonus
Profit Sharing
Professional Development Budget

Company News

Recycling Today

Oct 20th, 2026

SDI promotions include new sustainability EVP.

SDI promotions include new sustainability EVP. The recycled-content metals producer has promoted Jeff Hansen to senior vice president of environmental sustainability and energy. Published October 20, 2026 Steel Dynamics Inc. (SDI), Fort Wayne, Indiana, has announced six promotions within its executive staff it says have been made in support of continued long-term growth and operational excellence. The company, which makes recycled-content steel and aluminum and operates the Omni network of metals recycling facilities, says three of the promotions took place this Oct. 1, while the other three will be effective Nov. 1, 2026. Among the three that took effect Oct. 1, 2026, Jeff Hansen has been promoted to senior vice president of environmental sustainability and energy at SDI. Since 2021, Hansen has been responsible for the company's strategy concerning environmental sustainability, decarbonization objectives and related capital investments, including oversight of the company's new renewable biocarbon production facility, according to SDI. He will retain those responsibilities, with additional influence over the company's overall energy strategy, says the firm. Hansen joined the company in 1997 and has held various operational and management roles. Also promoted earlier this month were Chad Bickford, who now is senior vice president of steel fabrication, and William T. (Tommy) Scruggs, now serving as senior vice president of flat-rolled commercial and processing.

Simply Wall St

Sep 5th, 2026

Steel Dynamics stock and the onshore Low Carbon Steel shift.

Steel Dynamics stock and the onshore Low Carbon Steel shift. September 05, 2026 Hyundai Steel and POSCO just committed $5.8b to a low carbon steel mill in Louisiana, which quietly reshapes who supplies the metal that goes into North American cars. That kind of onshore shift can create winners and leave others on the sidelines. This article walks through three stocks linked to this news, how their exposure might help or hurt, and what that could mean for your portfolio decisions. The three stocks covered below are just a starting sample. The full screen surfaced 7 more companies with equally compelling low carbon and auto steel narratives that are not included in this article. If you want to identify potential leaders for this onshore shift, head straight to the North American Low-Carbon Steel & Auto Buyers screener. Overview: Steel Dynamics is a U.S. steel producer and metal recycler that uses scrap-fed electric arc furnaces to supply lower carbon flat rolled and long steel products to construction, automotive, manufacturing and other industrial customers, with an integrated recycling and fabrication footprint across the country. It also produces non residential building components and recycled aluminum sheet, giving buyers of domestic and automotive grade steel and aluminum a vertically linked supplier. Operations: Steel Dynamics generates about US$14.7b of revenue from Steel Operations, US$4.5b from Metals Recycling, US$1.7b from Other activities, US$1.5b from Steel Fabrication and just over US$1.0b from Aluminum, with roughly US$19.2b of its US$20.5b total revenue earned in the United States. Market Cap: US$35.3b Steel Dynamics provides direct exposure to U.S. lower carbon, onshore steel at scale, with its scrap based EAF mills and recycling network closely aligned to automakers and industrial customers that are under rising emissions pressure. Recent earnings strength, tariff support and analyst interest indicate that the market is paying attention. At the same time, the stock still carries typical steel cycle risks related to construction and auto demand, as well as capital spending on new aluminum and decarbonization projects that could affect cash flow if execution slips. For investors watching Hyundai and POSCO commit billions to U.S. green steel, Steel Dynamics is already positioned in that same current. The balance between these opportunities and risks is where the core investment debate begins. Steel Dynamics appears to be a pure play on low carbon, onshore steel, but the real story may be how its earnings mix and investment plans line up for the next phase. Get the 2 key rewards and 1 important warning sign Overview: Ferroglobe produces silicon metal and manganese based alloys that are essential ingredients in steelmaking and aluminum, feeding into construction, auto, solar and electronics supply chains, which ties it indirectly into the push for more domestic and potentially lower carbon steel production in North America. Market Cap: US$846.5 million Ferroglobe provides exposure to the alloy side of the low carbon steel story, rather than the mills themselves. The company supplies silicon and manganese products used to clean up and strengthen steel, which becomes more important as North American producers invest in electric furnaces and onshore capacity. There is a clear tension here. Trade protections and potential antidumping actions can support pricing and local volumes, yet the business has a history of losses and relies heavily on policy and disciplined global supply to improve margins. Alongside this, the company has provided small but ongoing shareholder returns through dividends and buybacks, and it has planned U.S. expansion projects. Overall, this is a stock where the potential upside depends on how confidently investors view the interaction of policy, supply discipline and profitability. Ferroglobe sits where policy, pricing power and U.S. expansion plans intersect, yet the market may not be pricing that mix with much confidence. See how the analysis report for Ferroglobe reframes the risk reward story right at the alloy level. Overview: POSCO Holdings is a Korean integrated steel producer that manufactures and trades a wide range of steel products for auto, construction and industrial customers, while also expanding into battery materials and energy related businesses. Alongside its core steel operations, the company is building positions in secondary battery materials, eco friendly infrastructure and energy solutions across global markets. Operations: POSCO Holdings generates most of its revenue from Steel at ₩59,912,489 million and Eco Friendly Infrastructure Sector (Trade) at ₩44,664,483 million, with smaller contributions from Eco Friendly Infrastructure Sector (Erection) at ₩6,990,477 million, Eco Friendly Infrastructure (Logistics, Etc.) at ₩3,858,420 million, Materials of Secondary Battery at ₩3,675,548 million and Other at ₩1,657,165 million, offset by a segment adjustment of ₩48,145,920 million. Market Cap: ₩25.5 trillion POSCO Holdings gives you a different angle on the North American low carbon and auto steel story because it is a global integrated producer that is building EAF and hydrogen based HyREX technology at home. The company is also using a new U.S. electric furnace project with Hyundai to work around steep tariffs that have capped its direct exports to the region at about 2% of volume. That mix of green steel investment, a growing battery materials arm and active debt and portfolio management could matter if lithium, EV demand and premium steel grades gain traction. Investors still have to weigh trade barriers, capital intensive projects and historically low returns on equity. The key consideration is how much of that transition is already reflected in POSCO Holdings valuation and earnings trajectory. POSCO Holdings is working to bring together green steel, U.S. capacity and battery materials into a single narrative, but the key question is how that combination might reshape growth. See the analyst forecasts for POSCO Holdings to gauge where expectations could be out of sync. Seeking alternatives before the crowd moves. Fresh ideas do not stay under the radar for long. Once momentum builds, prices can move fast and ideal entry points can pass by quickly. Consider researching opportunities early. * Identify cash rich compounding opportunities before others focus on them by running the list of solid balance sheet and fundamentals (52 results) while the data still feels fresh and less followed. * Explore potential income opportunities by scanning for resilient high yield payers through the 11 dividend fortresses while prices and yields still reflect today's conditions. * Evaluate possible energy infrastructure ideas by filtering specialist operators with the 91 nuclear energy infrastructure stocks while this theme remains less widely discussed. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. New: manage all your stock Portfolios in one place. - Connect an unlimited number of Portfolios and see your total in one currency - Be alerted to new Warning Signs or Risks via email or mobile - Track the Fair Value of your stocks Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

ScrapMonster

Aug 5th, 2026

Steel Dynamics announces CEO succession, Theresa Wagler to Lead from 2027.

Steel Dynamics announces CEO succession, Theresa Wagler to Lead from 2027. The leadership changes, unanimously approved by the company's board of directors, are part of a long-term succession plan designed to ensure continuity as Steel Dynamics continues to expand its global metals business. Discover more Shredded auto scrap Buy scrap requests * Theresa E. Wagler has been named President and CEO of Steel Dynamics, effective January 1, 2027, replacing co-founder Mark D. Millett. * Millett will retire as CEO and assume the role of Executive Chairman, while Richard A. Poinsatte will become Executive Vice President and CFO. * The company also announced new senior leadership appointments effective September 1, 2026, to support its continued growth strategy. SEATTLE (Scrap Monster): Steel Dynamics has announced a major leadership transition. It named Theresa E. Wagler as its next President and Chief Executive Officer, effective January 1, 2027. Alongside, long-time CEO and company co-founder Mark D. Millett will retire from the role and become Executive Chairman of the board. Sell scrap offers The leadership changes, unanimously approved by the company's board of directors, are part of a long-term succession plan designed to ensure continuity as Steel Dynamics continues to expand its global metals business. A company news release said that Wagler has been appointed to the company's board of directors with immediate effect. As part of the transition, Richard A. Poinsatte, currently Executive Vice President and Treasurer, will succeed Wagler as Executive Vice President and Chief Financial Officer on January 1, 2027. Wagler joined Steel Dynamics in 1998. She has served as Executive Vice President, Chief Financial Officer and Corporate Secretary since 2007. Wagler has played a critical role in guiding Steel Dynamics through more than three decades of growth, transforming it into one of the world's leading metals solutions companies. Wagler's extensive experience and leadership will help drive the company's next phase of growth and value creation, noted Kenneth Cornew, Lead Independent Director. Steel Dynamics also announced several senior leadership appointments effective September 1, 2026, aimed at supporting future growth. YOU MAY ALSO BE INTERESTED IN: Discover more Bras/Bronze scrap Aluminum scrap prices Poll. Which leadership change is most significant for Steel Dynamics' future? Frequently asked questions. * Who will become the next CEO of Steel Dynamics? * Why is Steel Dynamics changing its leadership? * What role will Mark D. Millett take after stepping down as CEO?

Quartz Business Media Ltd

Aug 5th, 2026

Steel Dynamics names next CEO.

Steel Dynamics names next CEO. Published 5th August, 2026 by Pete Downham Steel Dynamics has announced that its current Executive Vice President, Theresa E. Wagler, will become the company's President and CEO, effective 1 January 2027. Current CEO, Mark D. Millet will retire as CEO and transition to Executive Chairman of the Board of Directors. Kenneth Cornew, Steel Dynamics' lead independent director, said: "On behalf of the board of directors, I want to thank Mark for his exceptional leadership and contributions to the global industry and to the outstanding company he co-founded over 30 years ago. "Under Mark's leadership, the company has gone through a period of unprecedented transformational growth, while strengthening Steel Dynamics entrepreneurial culture, strategic positioning, and opportunity for continued long-term success. We are thankful to have him transition into the role of Executive Chairman in the new year." Wagler has served as the Executive Vice President, Chief Financial Officer, and Corporate Secretary since May 2007, with the decision to promote her unanimously approved by the board. Cornew continued: "Steel Times International congratulate Theresa on her appointment as President and CEO. Theresa has served as Executive Vice President and CFO since 2007 and has been an integral part of the strategy and leadership of the company since joining Steel Dynamics 28 years ago. "She is disciplined, strategic, and a highly respected leader with a deep understanding of Steel Dynamics' culture, strategy, and businesses. This appointment reflects our confidence in her ability to lead the company forward into its next chapter of growth and value creation for our teams, customers, and shareholders." Pete Downham. Content assistant. Pete Downham is a content assistant for Aluminium International Today, Steel Times International and Furnaces International. Downham is an NCTJ-accredited journalist, with an MA in Journalism from Kingston University. Since completing his studies, he has featured in an assortment of news and sport publications.

Fort Wayne Business Weekly

Aug 4th, 2026

Aug. 4: Theresa E. Wagler to become Steel Dynamics' president and CEO; Mark D. Millett to become executive chairman.

Aug. 4: Theresa E. Wagler to become Steel Dynamics' president and CEO; Mark D. Millett to become executive chairman. * From staff reports * Aug 4, 2026 Updated 23 hrs ago * 0 FORT WAYNE - Steel Dynamics, Inc. on Aug. 4 announced that the company's board of directors unanimously approved that effective Jan. 1 Theresa E. Wagler will become the company's president and chief executive officer upon Mark D. Millett's concurrent retirement as CEO and transition to executive chairman of the board of directors. Wagler will become a member of the Steel Dynamics' board of directors effective immediately. Aug. 4's announcement "reflects the culmination of a thoughtful and comprehensive succession planning process and supports continuity as Steel Dynamics continues to advance its strategy as a world leading metals solutions company," SDI announced. "On behalf of the board of directors, I want to thank Mark for his exceptional leadership and contributions to the global industry and to the outstanding company he co-founded over 30 years ago," Kenneth Cornew, the company's lead independent director, said in the announcement. "Under Mark's leadership the company has gone through a period of unprecedented transformational growth, while strengthening Steel Dynamics entrepreneurial culture, strategic positioning, and opportunity for continued long-term success. We are thankful to have him transition into the role of Executive Chairman in the new year. "We congratulate Theresa on her appointment as president and CEO," continued Cornew. "Theresa has served as executive vice president and CFO since 2007 and has been an integral part of the strategy and leadership of the company since joining Steel Dynamics 28 years ago. She is disciplined, strategic, and a highly respected leader with a deep understanding of Steel Dynamics' culture, strategy, and businesses. This appointment reflects our confidence in her ability to lead the company forward into its next chapter of growth and value creation for our teams, customers, and shareholders." She is responsible for and oversees the areas of accounting and taxation, treasury, risk management, legal, cybersecurity, human resources, companywide decarbonization strategy, and strategic business development, as well as, financial planning and analysis, investor relations, and corporate communications. Before joining Steel Dynamics, Wagler was a certified public accountant with Ernst & Young LLP. She graduated from Taylor University with a bachelor's degree in accounting and systems analysis. In addition, she serves as a director, a member of the audit committee, and chairperson of the compensation committee for CF Industries Holdings, Inc., a public company. She also serves as a trustee for Trine University and a director for the Metals Service Center Institute. "Theresa's appointment recognizes her leadership as the company has grown," Millett said in the announcement. "We have worked together for decades, and she has played a pivotal role in our success. Theresa has earned the full confidence of the board and the leadership team, and I am proud and excited to transition the role of chief executive officer to her." Richard A. Poinsatte, the company's executive vice president and treasurer, will succeed Wagler as the company's executive vice president and chief financial officer on Jan. 1. Poinsatte was appointed senior vice president in October 2023, and as treasurer is responsible for the areas of treasury, legal, business development, cybersecurity, business development, and risk management. Poinsatte joined Steel Dynamics in 2000, as the chief financial officer of one of the company's joint venture businesses, which is now part of the steel fabrication platform. During his time, he has held positions of increasing responsibility, including the operating position of general manager of the company's Florida steel fabrication plant. Since 2008, he served as treasurer and has been responsible for the company's treasury strategy, investment portfolio, risk management, and legal applications, along with numerous other companywide financial applications. Prior to joining Steel Dynamics, Poinsatte was a certified public accountant with Ernst & Young LLP. He earned a Bachelor of Business Administration with a concentration in accounting from the University of Notre Dame. In addition, Poinsatte serves as the chairman of the board of trustees for the University of Saint Francis. Additionally, in support of the company's long-term growth, succession plan, and talent development, the following senior leadership changes are taking place effective Sept. 1: Barry Schneider, executive vice president and chief technology officer. Schneider will be assuming the new strategic growth role of executive vice president and chief technology officer. The company is adding this executive leadership role to drive product and technology development, process innovation, and capitalize on the company's continued decarbonization journey. In this new role, Schneider will also assume oversight of the company's decarbonization strategy and continue to have companywide oversight of safety and information technology. Mr. Schneider has been with Steel Dynamics since the beginning, holding various leadership roles within the entire organization. Miguel Alvarez, executive vice president and chief operating officer aluminum flat rolled products and metals recycling operations. In addition to his current oversight of the company's new strategic aluminum investments, Alvarez will assume executive oversight of the company's metals recycling business, with Matt Bell, vice president of metals recycling, continuing to lead the platform, reporting directly to Alvarez. Alvarez joined the company in 2019 as senior vice president, Southwest U.S. and Mexico to support the company's steel and metals recycling growth strategy in that region. Subsequently, he was promoted to lead the company's metals recycling platform from March 2022 to October 2025. James Anderson, executive vice president and chief operating officer Construction Products Operations. In addition to his current oversight of the company's long products steel group, Anderson will assume executive oversight of the company's steel fabrication business, with Chad Bickford, vice president of Steel Fabrication, continuing to lead the platform, reporting directly to Anderson. Anderson joined SDI in 2007, as a principal of an acquired flat rolled steel galvanizing company. Subsequently, he was promoted to lead the company's steel fabrication business from 2015 to 2024, where he successfully diversified and grew the business. Christopher Graham, executive vice president and chief operating officer Flat Rolled Steel Operations. Graham has been promoted in recognition of the scale of the company's flat rolled steel operations and continued associated product diversification and growth opportunities, as well as his leadership contributions to the company overall, especially within the discipline of maintaining the company's performance-driven, entrepreneurial culture. Graham has been with Steel Dynamics since the beginning, holding various leadership roles within the steel and steel fabrication operations.

Steel Dynamics

Receiving Utility - Copperworks

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