|Traded as||NASDAQ: STLD|
|Headquarters||Fort Wayne, Indiana, United States|
President & CEO Mark MillettChairman of the Board Keith Busse
|Revenue||US$7.594 billion (2015)|
|US$398 million (2015)|
|US$178 million (2015)|
|Total assets||US$6.202 billion (2015)|
|Total equity||US$2.545 billion (2015)|
Number of employees
Steel Dynamics, Inc. (SDI) is a steel producer based in Fort Wayne, Indiana and the fifth largest producer of carbon steel products in United States. SDI is among the most profitable American steel companies in terms of profit margins and operating profit per ton. In 2015, the company produced and shipped 7.7 million tons of steel and the company has a production capacity of 11 million tons of steel.
Steel Dynamics was founded in 1993 by three former executives of Nucor with $370 million in funding. It began production at its $275 million Butler, Indiana, flat roll mill in 1996 and reported its first annual profit in 1997. The company offered many incentive programs for employees to cut cost and improve standards and outperformed most other steel manufactures during the economic downturn at the turn of the century.
In Popular Culture
In 2012 Richard Sarver, an employee of Steel Dynamics' Roanoke Bar Division, wrote Taking the Heat - A Steelworker's Story, a 271 page memoir based on his 32 years of service at the Roanoke plant, which was acquired by Steel Dynamics in 2006.
- Supplemental Financial Information
- History of Steel Dynamics
- "Steel Dynamics Agrees to Acquire The Techs". Steel Dynamics. June 13, 2007.
- "Steel Dynamics to Acquire OmniSource Corporation". Steel Dynamics. October 1, 2007.
- "Steel Dynamics Completes Acquisition of Severstal Columbus". Steel Dynamics. September 16, 2014.
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