Steel Dynamics Inc
NASDAQ:STLD

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Steel Dynamics Inc
NASDAQ:STLD
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Price: 117.06 USD 1.13% Market Closed
Market Cap: 17.8B USD
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Steel Dynamics Inc
Investor Relations

Steel Dynamics Inc. (SDI) is a fascinating narrative of growth and innovation in the steel industry, cementing its position as one of the largest domestic steel producers and metal recyclers in the United States. Founded in 1993 in Fort Wayne, Indiana, by a trio of seasoned steel executives, SDI was built on the pillars of low-cost operations and technological advancement. The company embarked on its journey with its first steel mill in Butler, Indiana, which became the bedrock of its operations. Over the years, SDI expanded its product lines, including flat rolled, structural, and engineered steel products, which are used in construction, automotive, and manufacturing sectors. By focusing on minimization of waste and operational efficiency, the company leverages electric arc furnace technology to create high-quality steel products with relatively lower carbon footprints compared to traditional blast furnace methods.

Financially, the lifeblood of Steel Dynamics flows through its vertically integrated business model. The company operates in three segments: steel operations, metals recycling, and steel fabrication. Through its metals recycling arm, OmniSource, SDI ensures a consistent supply of scrap metal, which is used as raw material for its steel production, essentially linking the recycling and steel-making processes. This integration allows the company to effectively capitalize on market fluctuations in raw material prices, enhance profitability, and maintain a competitive edge. The fabricated steel segment fortifies its operational scope by providing construction-related products, adding another revenue stream. Together, these segments illustrate SDI's strategic ecosystem—balancing cost efficiency in sourcing and production while broadening its product base to capture diverse markets.

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Management

Mr. Mark D. Millett
Co-Founder, Chairman & CEO
No Bio Available
Mr. Barry T. Schneider
President & COO
No Bio Available
Mr. Richard P. Teets Jr.
Co-Founder & Director
No Bio Available
Ms. Theresa E. Wagler
Executive VP, CFO & Company Secretary
No Bio Available
Mr. Glenn A. Pushis
Senior Vice President of Special Projects
No Bio Available
Mr. Christopher A. Graham
Senior Vice President of Flat Roll Steel Group
No Bio Available
Marlene Owen
Director of Investor Relations
No Bio Available
Mr. James S. Anderson
Senior Vice President of Long Products Steel Group
No Bio Available
Mr. Jeff Hansen
Vice President of Environmental Sustainability
No Bio Available
Mr. Miguel Alvarez
Senior Vice President of Metals Recycling
No Bio Available

Contacts

Address
INDIANA
Fort Wayne
7575 W Jefferson Blvd
Contacts