57/100BSteel Dynamics company profile
- CEO
- Mark D. Millett
- Employees
- 14,400
- Headquarters
- 7575 West Jefferson Boulevard, Fort Wayne, IN 46804, US
- Sector
- Basic Materials
- Industry
- Steel
- IPO date
- 22 Nov 1996
- Stock exchange
- NASDAQ
- ISIN
- US8581191009
Website:steeldynamics.com
About the company
Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.
Employees
Steel Dynamics had about 14,400 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 10.8% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Steel Dynamics
Institutions such as funds, banks and insurers held 83.5% of Steel Dynamics's shares on 30 June 2026, 1,069 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Common questions about Steel Dynamics
Source: Financial Modeling Prep