Steel Dynamics Sees Record $3.2 Billion Profit for 2021, Looks Next to New Coating Lines

SUGAR LAND--January 26, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Buoyed by a record $3.2 billion dollars in net income for 2021 and the completion of a flat-roll steel mill in Texas, executives with Steel Dynamics Incorporated (NASDAQ/GS-STLD) (Fort Wayne, Indiana) said Tuesday they were preparing to build four new flat-roll coating lines in Indiana and Texas. Industrial Info is tracking more than $2.5 billion in active capital projects by the steel producer.