Steel Dynamics Analysis

Published: 2021-06-29 06:58:38
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Category: Business

Type of paper: Essay

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Industry Information
Steel Dynamics is the fifth largest producer of carbon steel products in United States. Steel Dynamics stock ticker is STLD. They were founded in 1993 and are a state of the art mill company and world leaders when it comes to mini-mill production of flat-rolled steels and metals recycler. They have had revenue of $6.3 billion in 2010 with over 5.3 million tons of steel shipments. In 2007 Steel Dynamics acquired the Techs, three greatly successful plants in Pittsburgh that coat flat-rolled steel. They are based in Fort Wayne, Indiana and employ about 6,100 with five electric furnace mini mills. 60% of Steel Dynamics shipments are flat-rolled sheets of steel. "SDI is among the most profitable American steel companies in terms of profit margins and operating profit per ton."

Financial Information

They are a public company traded as part of the NASDAQ as STLD. The industry they are incorporated with is Metals. They make steel products and had revenues of $7,997.50 million in 2011. They now hold 6,300 employees and website is: www.Steeldynamics.com. They're primary source of revenue is coming from the sale of steel products. The Company operates in three segments: steel operations, metals recycling and ferrous resources operations, and steel fabrication operations. A highlight of key financial information is provided in the table below:

Steel Dynamics

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