OverviewSuggest Edit

Steel Dynamics is a company engaged in steel production and metal recycling. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. It manufactures flat roll, structural, rail, engineered special bar, merchant bar, and specialty shapes, as well as custom-designed steel products. The company procures, processes, and sells reclaimed ferrous and nonferrous scrap metals. Steel Dynamics also fabricates steel joists, steel decking, trusses, and girders, etc. It serves automotive, construction, manufacturing, and energy markets.
TypePublic
Founded1993
HQFort Wayne, IN, US
Websitestld.steeldynamics.com
Employee Ratings4.3
Overall CultureA+

Locations

Steel Dynamics is headquartered in
Fort Wayne, United States

Location Map

Latest Updates

Employees (est.) (Dec 2021)10,640(+11%)
Job Openings241
Revenue (FY, 2021)$18.4 B(+92%)
Share Price (May 2022)$74.1
Cybersecurity ratingDMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Steel Dynamics

Mark Millett

Mark Millett

Co-Founder, Chairman, and Chief Executive Officer
Theresa Wagler

Theresa Wagler

Executive Vice President, Chief Financial Officer
Russell B. Rinn

Russell B. Rinn

Executive Vice President of Metals Recycling
Christopher A. Graham

Christopher A. Graham

Senior Vice President, Long Products Steel Group
Glenn A. Pushis

Glenn A. Pushis

Senior Vice President, Special Projects
Barry T. Schneider

Barry T. Schneider

Senior Vice President, Flat Roll Steel Group
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Steel Dynamics Office Locations

Steel Dynamics has offices in Fort Wayne, Austin, Butler, Columbia City and in 9 other locations
Fort Wayne, IN, US (HQ)
7575 W Jefferson Blvd
Austin, TX, US
248 Addie Roy Rd C200
Butler, IN, US
4500 Co Rd 59
Columbia City, IN, US
2601 S 700 E
Columbus, MS, US
1945 Airport Rd
Huntington, WV, US
2nd Ave & 17th St
Show all (13)

Steel Dynamics Financials and Metrics

Steel Dynamics Revenue

Steel Dynamics's revenue was reported to be $18.41 b in FY, 2021
USD

Revenue (FY, 2021)

18.4b

Gross profit (FY, 2021)

5.4b

Net income (FY, 2021)

3.2b

EBIT (FY, 2021)

4.3b

Market capitalization (13-May-2022)

14.7b

Closing stock price (13-May-2022)

74.1

Cash (31-Dec-2021)

1.2b

EV

16.6b
Steel Dynamics's current market capitalization is $14.7 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

11.8b10.5b9.6b18.4b

Revenue growth, %

24%(11%)(8%)

Cost of goods sold

9.5b8.9b8.2b13.0b

Gross profit

2.3b1.5b1.4b5.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

2.8b2.8b2.5b2.6b2.1b3.5b4.5b5.1b

Cost of goods sold

2.4b2.3b2.2b2.2b1.8b2.7b3.3b3.5b

Gross profit

433.6m421.2m359.8m415.2m284.4m800.3m1.2b1.6b

Gross profit Margin, %

15%15%14%16%14%23%27%31%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

1.4b1.4b1.2b

Accounts Receivable

841.4m968.0m1.9b

Inventories

1.7b1.8b3.5b

Current Assets

4.3b4.3b6.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

791.4m972.6m1.1b1.2b1.5b1.3b1.2b1.1b1.1b

Accounts Receivable

1.1b1.1b983.5m995.3m841.6m915.2m1.4b1.6b1.9b

Inventories

1.9b1.8b1.8b1.6b1.6b1.6b2.2b2.5b2.9b

Current Assets

4.0b4.0b4.0b4.1b4.0b3.9b4.9b5.3b6.0b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

677.9m570.8m3.2b

Depreciation and Amortization

321.1m325.8m347.7m

Inventories

217.9m(150.6m)(1.7b)

Accounts Payable

(86.4m)182.5m557.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

204.8m401.6m554.2m190.8m269.6m373.9m438.8m712.2m1.0b

Depreciation and Amortization

80.2m161.1m240.6m80.3m159.0m240.7m86.9m87.0m87.4m

Inventories

39.5m104.4m139.9m44.5m122.0m83.8m(374.6m)(264.9m)(413.0m)

Accounts Payable

3.2m(55.3m)(54.2m)51.6m121.1m121.8m360.7m63.2m48.7m
USDFY, 2018

Revenue/Employee

1.4m
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Steel Dynamics Operating Metrics

FY, 2018FY, 2019FY, 2020

Sheet Steel Produced, tons

7.5 m7.8 m7.6 m

Liquid Pig Iron and Hot Briquetted Iron Produced (Iron Dynamics), metric tons

262 k259 k

Metallic Materials Consumed in Steelmaking Furnaces, tons

10.9 m10.6 m10.4 m

Long Steel Products Produced (Structural and Rail Division), tons

1.64 m1.49 m1.66 m
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Steel Dynamics Acquisitions / Subsidiaries

Company NameDateDeal Size
United Steel Supply, LLCFebruary 04, 2019
Kentucky Electric SteelSeptember 18, 2018$5 m
Vulcan Threaded ProductsJune 30, 2016$126 m
SeverstalJuly 21, 2014$1.6 b
OmniSource CorporationOctober 01, 2007$1 b
Roanoke Electric Steel CorporationOctober 18, 2005$41 m
Mesabi Nugget Delaware, LLC
New Millennium Building Systems, LLC
OmniSource, LLC (f/k/a OmniSource Corporation)
Steel Dynamics Columbus, LLC
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Steel Dynamics Revenue Breakdown

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Steel Dynamics revenue breakdown by business segment: 66.2% from Steel Operations, 8.0% from Steel Fabrication Operations, 21.3% from Metals Recycling Operations and 4.4% from Other

Human Capital Metrics

Source: craft.co
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Steel Dynamics Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

Steel Dynamics Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Steel Dynamics Online and Social Media Presence

Embed Graph

Steel Dynamics Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    94/100

  • Compensation

    A+

    88/100

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Steel Dynamics Frequently Asked Questions

  • When was Steel Dynamics founded?

    Steel Dynamics was founded in 1993.

  • Who are Steel Dynamics key executives?

    Steel Dynamics's key executives are Mark Millett, Theresa Wagler and Russell B. Rinn.

  • How many employees does Steel Dynamics have?

    Steel Dynamics has 10,640 employees.

  • What is Steel Dynamics revenue?

    Latest Steel Dynamics annual revenue is $18.4 b.

  • What is Steel Dynamics revenue per employee?

    Latest Steel Dynamics revenue per employee is $1.7 m.

  • Who are Steel Dynamics competitors?

    Competitors of Steel Dynamics include Cenergy Holdings, Aurubis and TimkenSteel.

  • Where is Steel Dynamics headquarters?

    Steel Dynamics headquarters is located at 7575 W Jefferson Blvd, Fort Wayne.

  • Where are Steel Dynamics offices?

    Steel Dynamics has offices in Fort Wayne, Austin, Butler, Columbia City and in 9 other locations.

  • How many offices does Steel Dynamics have?

    Steel Dynamics has 13 offices.