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Steel Dynamics, Inc.

Architectural & Civil Engineering Products

Steel Dynamics' Standard Rail Now Approved by Major U.S. Railroads

FORT WAYNE, Ind. - Steel Dynamics, Inc. (Nasdaq: STLD) today announced that Standard Strength rail produced at its Columbia City, Indiana, mill has been tested and approved by four U.S.-based Class I railroads and by Amtrak (the National Railroad Passenger Corporation). The Class I railroads include the BNSF Railway, CSX Transportation, Norfolk Southern Railway, and the Union Pacific Railroad....

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People in the News

Steel Dynamics Announces Steel Operations Leadership Appointments

Fort Wayne, Ind., Dec. 18, 2020 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced leadership appointments for the company's new Southwest-Sinton Flat Roll Steel Division, its Columbus Flat Roll Steel Division, and a new position for the company's flat roll steel metallics strategy.  I am excited and pleased that our ongoing talent development and succession planning...

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Company News

Steel Dynamics Recognized as The 2020 Global Steel Producer of The Year at The Fastmarkets Global Awards for Steel Excellence

Fort Wayne, Ind., July 24, 2020 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that Steel Dynamics, Inc. was recognized as the 2020 Global Steel Producer of the Year on Thursday, July 23, 2020, during the Fastmarkets Global Awards for Steel Excellence ceremony. We are honored and humbled to receive this award, said Mark D. Millett, President and Chief Executive...

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Company News

Steel Dynamics Named One of World's Most Admired Companies by Fortune

FORT WAYNE, Ind., Jan. 21, 2020 /PRNewswire/ -- Fortune named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the 2020 World's Most Admired Companies. We are honored by this recognition, said Mark D. Millett, President and Chief Executive Officer. Our recognition is testimony to the strong character and determination of our teams. It is their passion, innovation, and dedication to each other...

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Company News

Steel Dynamics Announces Planned New Flat Roll Steel Mill Site Selection

FORT WAYNE, Ind., July 22, 2019 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the selection of Sinton, Texas, as the site for the company's previously announced new state-of-the-art, electric-arc-furnace (EAF) flat roll steel mill. Sinton is located approximately 30 miles Northwest of the port of Corpus Christi, Texas. Sinton is strategically located within the...

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Company News

Steel Dynamics Named One of World's Most Admired Companies by Fortune

Fort Wayne, Ind., Jan. 28, 2019 /PRNewswire/ -- Fortune named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the 2019 World's Most Admired Companies. Steel Dynamics ranked No. 1 within the metals industry. We are honored by this recognition, said Mark D. Millett, President and Chief Executive Officer. Our recognition is testimony to the strong character and determination of our employees. It is...

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Mergers & Acquisitions

Steel Dynamics Completes Acquisition of Vulcan Threaded Products

FORT WAYNE, Ind., Aug. 1, 2016 - Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the completion of the acquisition of Vulcan Threaded Products, Inc. ( Vulcan ). The purchase price for Vulcan and its real estate assets is $114 million on a debt free, cash free basis, including $30 million of estimated working capital, and has been funded with available cash. The transaction is expected to...

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Mergers & Acquisitions

Steel Dynamics to Expand Its Fabrication Operations with Decking Asset Acquisition

FORT WAYNE, Ind.,-  - Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that it purchased from Consolidated Systems, Inc. ( CSi ), certain of its steel decking facilities (including associated assets) and net working capital of approximately $30 million, for a purchase price of $45 million in cash. The transaction, which is valued below asset replacement cost, is expected to be accretive to...

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Company News

Steel Dynamics and LaFarga Group Announce Joint Venture and $39 Million Facility

FORT WAYNE, Ind., April 15, 2011 - Steel Dynamics, Inc. (NASDAQ/GS: STLD) and LaFarga Group, headquartered in Barcelona, Spain, today jointly announced the creation of a new partnership which will operate under the SDI LaFarga, LLC name. Plans include the construction of a $39 million facility which will produce copper wire rod from recycled copper. Investigations of potential sites in Allen...

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Architectural & Civil Engineering Products

Steel Dynamics' Standard Rail Now Approved by Major U.S. Railroads

FORT WAYNE, Ind. - Steel Dynamics, Inc. (Nasdaq: STLD) today announced that Standard Strength rail produced at its Columbia City, Indiana, mill has been tested and approved by four U.S.-based Class I railroads and by Amtrak (the National Railroad Passenger Corporation). The Class I railroads include the BNSF Railway, CSX Transportation, Norfolk Southern Railway, and the Union Pacific Railroad....

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Mergers & Acquisitions

Steel Dynamics to Buy Joist-Making Assets from Commercial Metals Company

FORT WAYNE, Ind., Sept. 27 - Steel Dynamics, Inc. (Nasdaq: STLD) today announced that it has agreed to acquire from affiliates of Commercial Metals Company (CMC), certain facilities and assets of CMC's former steel-joist manufacturing operations. These assets will become a part of SDI's wholly owned subsidiary, New Millennium Building Systems. The transaction is expected to close within the next...

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