#United States #Fort Wayne #Steel Dynamics #Metals Recycling #Matt Bell

Steel Dynamics Welcomes Matt Bell as Head of Metals Recycling

In a significant leadership transition, Steel Dynamics, Inc. has appointed Matt Bell as the new leader of its metals recycling division, effective today. This announcement underscores the company's commitment to nurturing talent from within and ensuring a smooth succession in its leadership ranks.

Mark D. Millett, Chairman and CEO of Steel Dynamics, expressed his enthusiasm for this appointment, acknowledging Matt Bell's exceptional leadership attributes and the positive impact he has made during his tenure with the company. Since entering the fold in 2016, Bell has accelerated the growth of the metals recycling teams, focusing on service levels, operational efficiency, and innovative supply-chain solutions. His growth trajectory within Steel Dynamics exemplifies the company's investment in its people and the importance of strategic succession planning.

Bell steps into this role following the transition of Miguel Alvarez, who successfully led the metals recycling platform before moving on to oversee the company's aluminum flat-rolled products segment. As Vice President of Metals Recycling and President of OmniSource, Matt will now oversee critical aspects of the metals recycling business. His prior role as Vice President of Commercial at OmniSource saw him spearheading successful ferrous purchasing and sales strategies, combined with optimizing scrap supply for Steel Dynamics’ steel operations.

The rise of Bell within the corporation is a testament to his extensive experience in the metals recycling sector. Before joining Steel Dynamics, he held various leadership roles, where he honed his expertise in operations, commercial strategies, and marketing responsibilities. His robust background equips him with the necessary skills to lead the company’s commitment to excellence in recycling operations.

About Steel Dynamics, Inc.

Steel Dynamics, Inc. is recognized as one of North America’s largest domestic steel producers and metal recyclers. The company has a widespread presence across the United States and Mexico. It operates under a circular manufacturing model, focusing on reducing carbon emissions while delivering high-quality products primarily sourced from recycled scrap material. This operational framework not only underscores the company’s dedication to sustainability but also positions it as a leader in producing value-added metals.

The company is actively pursuing investments in aluminum production, showcasing its intention to diversify its offerings further. This includes the impending launch of aluminum flat-rolled products, which will feature high recycled content aimed at the sustainable beverage can industry and the automotive and industrial sectors. Steel Dynamics is unwavering in its commitment to maintaining integrity and ensuring the highest standards of safety and efficiency in its operations.

In conclusion, Matt Bell’s appointment marks a pivotal moment for Steel Dynamics as it continues to solidify its reputation within the recycling industry. The company remains poised for growth under his leadership as it navigates the evolving landscape of industrial metals manufacturing.