Steel Dynamics Inc (NASDAQ:STLD)

23.24
Data as of Aug 29
 +0.10 / +0.43%
Today’s Change
15.05
Today|||52-Week Range
23.71
+18.94%
Year-to-Date
SECTOR
Non-Energy Minerals
INDUSTRY
Steel
MARKET CAP
$5.6B

Company Description

Steel Dynamics, Inc. is a diversified carbon-steel steel producer and metals recycler in the U.S. It produces a wide array of steel - beams, bars, steel sheet, and more. The company operates its business through the following segments: Steel Operations, Metals Recycling & Ferrous Resources Operations and Steel Fabrication Operations. The Steel Operations segment consist of its electric arc furnace mini-mills, producing steel from steel scrap, utilizing continuous casting, automated rolling mills, and various downstream finishing facilities. The Metals Recycling & Ferrous Resources Operations segment primarily includes its metals recycling operations, liquid pig iron production facility, and Minnesota iron operations. Its Metals Recycling operations represent metals sourcing and processing operations and are the most significant source of income in this segment. Its metals recycling operations sell ferrous metals to steel mills and foundries, and nonferrous metals, such as copper, brass, aluminum and stainless steel to ingot manufacturers, copper refineries and mills, smelters, and specialty mills. The Steel Fabrication Operations segment includes New Millennium Building Systems plants, which fabricate steel joists, trusses, girders, and decking used within the non-residential construction industry. Steel Dynamics was founded by Keith E. Busse, Mark D. Millett, Richard P. Teets and John C. Bates in August 1993 and is headquartered in Fort Wayne, IN.

Contact Information

Steel Dynamics, Inc.
7575 West Jefferson Boulevard
Fort Wayne Indiana 46804
P:(260) 969-3500
Investor Relations:
(260) 969-3593

Employees

Shareholders

Individual stakeholders9.02%
Mutual fund holders43.72%
Other institutional32.03%

Top Executives

Mark D. MillettPresident, Chief Executive Officer & Director
Theresa E. WaglerChief Financial Officer & Executive Vice President
Robert E. FrancisChief Information Officer & Vice President
Glenn PushisVice President & GM-Flat Roll Division
Barry SchneiderVP & GM-Engineered Bar Products Division

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