Steelmaker to use scrap wood to cut its carbon footprint
Fort Wayne-based Steel Dynamics Inc. says a newly announced joint venture with Minnesota-based biocarbon company Aymium will help it meet its goal to achieve carbon neutrality by 2050.
Fort Wayne-based Steel Dynamics Inc. says a newly announced joint venture with Minnesota-based biocarbon company Aymium will help it meet its goal to achieve carbon neutrality by 2050.
Fort Wayne-based Steel Dynamics Inc. said the electric arc-furnace unit will be in Sinton, Texas, about 25 miles northwest of Corpus Christi.
Indianapolis-based Simon Property Group Inc. and Warsaw’s Zimmer Biomet Holdings vaulted back among the top 500 this year, while local oil refiner Calumet Specialty Products Partners plummeted.
Steelmakers including Indiana-based Steel Dynamics Inc. filed a trade complaint alleging that imports of corrosion-resistant metal from China and four other countries are being sold in the U.S. at unfairly low prices.
Indiana-based Steel Dynamics Inc. said it will invest $100 million to add more steel-finishing capacity at its mill in Columbus, Mississippi, and add 40 employees to the current 630 at the plant.
Fort Wayne-based Steel Dynamics Inc. is one of the largst steel producers and metals recyclers in the United States.
Fort Wayne-based Steel Dynamics said the plant it is buying from a company controlled by Russian billionaire Alexey Mordashov is one of the newest and most technologically advanced mini-mills in North America.
U.S. Steel and Steel Dynamics Inc., which have thousands of employees in Indiana, are among steel companies who say they have been unfairly harmed as imports of the products are sold more cheaply than domestic producers can make them.
Fort Wayne-based Steel Dynamics Inc. is one of the largst steel producers and metals recyclers in the United States.
Five of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year’s list of the largest U.S. companies.
Fort Wayne-based Steel Dynamics Inc. plans a $76 million expansion in Pittsboro, increasing the mill’s capacity by 52 percent, the company announced Thursday.
Former Marion County Prosecutor Carl Brizzi brought stolen property charges against scrap yard operator OmniSource. But his successor, Terry Curry, said the evidence doesn’t support the allegations.
Steel Dynamics earned $105.9 million, compared with $65 million in the year-ago quarter. Revenue rose 30 percent, to $2 billion. Analysts were looking for $1.91 billion.
Fort Wayne-based Steel Dynamics' fourth-quarter profit tumbled 71 percent, but shares rose Monday after the company predicted that the economic recovery would fuel greater industrial demand.
The Fort Wayne-based steelmaker reported profit of $19 million, or 9 cents per share, compared with $69 million, or 30 cents per share, in the same period last year.
Net income was $49.2 million, compared with a net loss of $16 million a year earlier, the Fort Wayne-based steelmaker said
Monday in a statement.
The Indianapolis Metropolitan Police Department likely will have to return more than $273,000 in cash seized as part of a
racketeering investigation after the Marion County Prosecutor's Office missed a civil forfeiture deadline.
Steel Dynamics Inc., the nation’s fifth-largest producer of carbon steel products, said Thursday it expects fourth-quarter
earnings to decline from third-quarter levels due to lower shipments and weaker profit margins at its metal recycling operations.
The Indiana Department of Labor has slapped two Indiana companies with fines of about $200,000 each for repeated safety violations
that put workers at risk.
Steel Dynamics Inc. posted a third-quarter profit of $69 million, its first gain after three straight quarterly losses.