# Steel Dynamics, Inc.

> Steel Dynamics is a publicly traded industrial metals company that combines scrap recycling, electric arc furnace steelmaking, steel fabrication, and a growing recycled-aluminum sheet business. It sells materials and building components to manufacturers, service centers, construction customers, and other industrial buyers, with operations in the United States and Mexico.

- **Founded:** 1993
- **Headquarters:** Fort Wayne, United States
- **Founders:** Keith E. Busse (Co-founder; founding CEO), Mark D. Millett (Co-founder; Chairman and CEO), Richard P. Teets Jr. (Co-founder; former executive vice president for steelmaking)
- **Products:** Flat rolled steel, Long steel products, New Millennium steel fabrication, OmniSource metals recycling, Recycled aluminum flat rolled products
- **Notable:** Began steel production at Butler and listed on Nasdaq as STLD in 1996., Built a national joist-and-deck footprint through organic investment and acquisitions., Entered premium rail production and welding of lengths up to 1,600 feet in 2015.

## Products & services

- **Flat rolled steel** — Hot rolled, cold rolled, metallic-coated, painted, and digitally printed sheet and coil for construction, automotive, manufacturing, transportation, agriculture, and pipe and tube applications.
- **Long steel products** — Structural beams and shapes, rail, engineered steel bars, merchant bars, reinforcing bar, and specialty sections.
- **New Millennium steel fabrication** — Engineered steel joists, girders, trusses, roof and floor decking, and composite floor systems.
- **OmniSource metals recycling** — Purchase, sorting, processing, and resale of ferrous and nonferrous scrap, plus scrap management, brokerage, and transportation services. Acquired in 2007.
- **Recycled aluminum flat rolled products** — Columbus, Mississippi mill designed for 650,000 metric tons annually, serving beverage packaging, automotive, and industrial markets; began finished-product shipments in 2025 and remained in ramp-up in 2026.
- **EDGE and BIOEDGE steel** — Lower-embodied-carbon EAF steel offerings matched with renewable or nuclear energy certificates. BIOEDGE also uses renewable biocarbon in place of anthracite.

## Achievements

- Began steel production at Butler and listed on Nasdaq as STLD in 1996.
- Built a national joist-and-deck footprint through organic investment and acquisitions.
- Entered premium rail production and welding of lengths up to 1,600 feet in 2015.
- Record annual steel shipments of 13.7 million tons in 2025.
- Record quarterly steel shipments of 3.8 million tons in Q3 2026.

## Latest updates

- **2026-10** — Q3 results released October 19 reported US$6.5 billion net sales and US$756 million net income. Aluminum startup operating loss was US$26 million; management said a rolling-coolant composition issue affecting yields had been corrected.
- **2026-07** — The planned second satellite aluminum slab center moved from Arizona to Columbus, Mississippi, resulting in a US$16 million noncash impairment charge.
- **2026-01** — FY2025 results reported US$18.2 billion sales, US$1.2 billion net income, and 13.7 million tons of steel shipments.
- **2025-10** — Launched lower-embodied-carbon EDGE and BIOEDGE steel products.

## Links

- Website: https://www.steeldynamics.com/
- LinkedIn: https://www.linkedin.com/company/steel-dynamics-inc
- Facebook: https://www.facebook.com/sdibutler/

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Profile page: https://yespress.io/steel-dynamics-inc
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Last updated: 2026-10-22