Steel Dynamics (STLD) Appoints New Leadership for Key Steel Groups

Steel Dynamics, Inc. has announced leadership appointments for James Anderson and Chad Bickford. As of May 1, 2024, James Anderson will assume responsibility and oversight for the company’s Long Products Steel Group, which represents almost five million tons of annual steel shipping capability. Chad Bickford, on the other hand, will take over the Steel Fabrication Group, New Millennium Building Systems, comprising seven steel joist and deck manufacturing facilities located throughout the U.S. and Mexico.

James Anderson previously led and grew the company’s Steel Fabrication business as New Millennium Building Systems’ President since 2019 and as its Chief Operating Officer from 2015 to 2019. Prior to that, he was the General Manager of the company’s three flat rolled steel galvanizing lines located in Pittsburgh, Pennsylvania, which Steel Dynamics acquired in 2007. Chad Bickford, on the other hand, was responsible for the company’s Butler Flat Roll Steel Division since February 2023, and from 2021 to 2023, he was responsible for the company’s Engineered Bar Products Steel Division.

Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, with estimated annual steelmaking and metals recycling capability. The company produces a wide range of steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections, and steel joists and deck. Additionally, the company produces liquid pig iron and processes and sells ferrous and nonferrous scrap. Today the company's shares have moved 1.5% to a price of $150.1. For the full picture, make sure to review Steel Dynamics's 8-K report.

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