Steel Dynamics Inc - Company Profile
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Steel Dynamics Inc (SDI) carries out production, recycling, and sales of steel and related products. The company offers hot roll steel, cold roll steel, coated steel, structural steel products, round steel bars, and standard and premium grade rail. It also processes and supplies recycled ferrous and nonferrous metals; and sells deck products and steel joists. SDI serves the construction, automotive, metal building, residential, transportation, mining, industrial, manufacturing, agriculture, and energy sectors. It operates through a network of manufacturing facilities including steel mills, steel processing facilities, iron units, metal recycling units, and steel fabrication plants. The company has presence in the US and Mexico. SDI is headquartered in Fort Wayne, Indiana, the US.
Headquarters
United States of America
Address
7575 W Jefferson Blvd, Fort Wayne, Indiana, 46804
Website
stld.steeldynamics.com
Telephone
1 260 9693500
No of Employees
12,600
Industry
Metals and Mining
Ticker Symbol & Exchange
STLD (NASD)
Revenue (2022)
$18.8B
-15.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-36.5%
(2022 vs 2021)
Market Cap*
$20.5B
Net Profit Margin (2022)
XYZ
-24.8%
(2022 vs 2021)
* As of and is in US$
Steel Dynamics Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Flat Roll | Steel Fabrication |
| Structural | Metals Recycling |
| Engineered Special Bar | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company signed a long-term agreement with Array Technologies to provide a fixed supply of coil for Array's U.S. projects. |
| 2023 | Contracts/Agreements | In September, the company entered into an agreement to supply 50,000 tonnes of CO2-reduced steel a year to Mercedes’ assembly plant in Tuscaloosa, Alabama, the US. |
| 2023 | Contracts/Agreements | In July, the company signed a Renewable Product Purchase Agreement with a subsidiary of NextEra Energy Resources, LLC for 308 megawatts of energy. |
Competitor Comparison
| Key Parameters | Steel Dynamics Inc | Nucor Corp | Cleveland-Cliffs Inc | United States Steel Corp | Tenaris SA |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | Luxembourg |
| City | Fort Wayne | Charlotte | Cleveland | Pittsburgh | Luxembourg |
| State/Province | Indiana | North Carolina | Ohio | Pennsylvania | - |
| No. of Employees | 12,600 | 32,000 | 28,000 | 21,803 | 29,134 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark D. Millett | Chief Executive Officer; Co-Founder; Chairman; President | Executive Board | 2021 | 64 |
| Theresa E. Wagler | Executive Vice President; Secretary; Chief Financial Officer | Senior Management | 2007 | 53 |
| Barry T. Schneider | Chief Operating Officer; President | Senior Management | 2023 | 55 |
| Miguel Alvarez | Senior Vice President - Metals Recycling | Senior Management | 2022 | 56 |
| James S. Anderson | Senior Vice President - Steel Fabrication | Senior Management | 2022 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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