No.21
5/22/2025
S&P Global Ratings has revised its outlook for Steel Dynamics Inc. (SDI) from stable to positive, affirming its ’BBB’ issuer credit rating. The revised outlook is based on the company’s steady financial performance and decreased project risk as it nears the completion of its recent construction spending cycle.
SDI is close to completing a $2.7 billion, 650,000-ton aluminum rolling mill and continues to increase utilization and production at its new electric arc furnace (EAF) rolling mill and value-added coating lines in Sinton, Texas.
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