Steel Dynamics Appoints Luis M. Sierra as Independent Director
November 24, 2021 at 08:30 am EST
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Steel Dynamics, Inc. announced that its Board of Directors has appointed Luis M. Sierra as an independent member of the Company's Board of Directors. The appointment is for the balance of a one-year term ending May 2022, coinciding with the Company's regularly scheduled Annual Meeting of Stockholders. Mr. Luis Sierra will serve as an independent director of Steel Dynamics and will also serve as a member of the Steel Dynamics Compensation Committee. From July 2020 through present, Mr. Sierra serves as the President and Chief Executive Officer of NOVA Chemicals Corporation.
Steel Dynamics, Inc. specializes in the manufacturing and marketing of carbon steel products. Net sales (including intragroup) break down by activity as follows:
- sale of steel products (66.2%): hot and cold rolled flat steel products, coated plates, beams, long commercial steels, rails, special profiles, etc.;
- treatment and processing of steel and metal scrap (21.3%);
- production of steel components for the non-residential construction industry (8%): frames, beams, joists, pilings, etc.;
- other (4.5%).
STEEL DYNAMICS, INC. 
