Company

Steel Dynamics, Inc.

Headquarters: Fort Wayne, IN, United States

Founded: 1993

Employees: 10,640

CEO: Mr. Mark D. Millett

NASDAQ: STLD -1.95%

Market Cap

$20.26 Billion

USD as of July 1, 2024

Market Cap History

Steel Dynamics, Inc. market capitalization over time

Evolution of Steel Dynamics, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Steel Dynamics, Inc.

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.

Top 1-year algo backtest: +207.50%

$10,000 in July 2023 would now be $30,750 by following this algorithm daily at market close.

Boost your returns with Disfold DeepFinance... Now!

Try Disfold DeepFinance FREE

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)

Details

Headquarters:

7575 West Jefferson Boulevard

Fort Wayne, IN 46804

United States

Phone: 260 969 3500