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Overview

Steel Dynamics is a producer of carbon steel products and is a major recycler of ferrous and non-ferrous scrap metals. Steel Dynamics produces flat rolled steel, structural steel, merchant and SBQ bars, specialty shapes, and rail at five steel mini mills located in Indiana, Virginia, and West Virginia. Its New Millennium Building Systems division produces joist, girders, and decking at five plants in the eastern U.S. Revenues in 2006 were $3.2 billion on shipments of 4.7 million tons. A low-cost producer of quality steel products, Steel Dynamics is one of the most profitable U.S. steel companies in terms of profits per ton. In 2006, SDI's operating margin was 20 percent and the company earned an operating income per ton of $141. In July 2007 SDI completed the purchase of The Techs, a flat-rolled steel galvanizing business, and on October 26, 2007 acquired OmniSource Corporation, a large privately owned ferrous and non-ferrous scrap business.

Contact Information

6714 Pointe Inverness Way
Suite 200
Fort Wayne, IN 46804

tel: 260-459-3553
fax: 260-969-3590
http://www.steeldynamics.com

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Stock

Exchange: NASDAQ
Industry: Steel & Iron
Market Cap: $7B




 
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