Company
Steel Dynamics, Inc.
Headquarters: Fort Wayne, IN, United States
Founded: 1993
Employees: 10,640
CEO: Mr. Mark D. Millett
Market Cap
$20.26 Billion
USD as of July 1, 2024
Steel Dynamics, Inc. Categories
United States Basic Materials SteelUnited States Basic Materials United States Steel
Top Competitors by Market Capitalization
Industry: Steel
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| POSCO | $20.67 B |
| Nippon Steel Corp | $20.28 B |
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Detailed Description
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; and engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars. The company also engages in turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, galvanizing, and coating of specialty products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. This segment sells directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment purchases, processes, and resells ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, marketing, brokerage, and scrap management services. The Steel Fabrication Operations segment produces non-residential steel building components, such as steel joists, girders, trusses, and steel deck products. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.
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Stocks & Indices
Steel Dynamics, Inc. has the following listings and related stock indices.
Stock: NASDAQ: STLD wb_incandescent
Stock: BMV: STLD wb_incandescent
Stock: FSX: SD5 wb_incandescent
Product & Services
Steel
Key People
Mark D. Millett (President & CEO) Keith E. Busse (Chairman) Theresa E. Wagler, CFO
Financials
Revenue: $9.601 billion (2020)
Net income: $550 million (2020)
Total assets: $9.265 billion (2020)
Total equity: $4.189 billion (2020)