STEEL DYNAMICS INC
Close on Oct 19, 2026
- Market cap
- $35.45B
- P/E (TTM)
- 22.2
- Dividend yield
- 0.82%
About Steel Dynamics
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens), SIC 3312
Steel Dynamics, Inc. manufactures steel and recycled metal goods through electric arc furnace mills and circular production methods. Its operations center on steel manufacturing, scrap metal recycling, downstream steel fabrication, and recycled aluminum flat rolled products. The company produces sheet steel, structural steel, rail, special-bar-quality products, joists, and decking. It supplies steel service centers, intermediate processors, fabricators, original equipment manufacturers, and distributors serving the construction, automotive, energy, agriculture, and beverage can sectors.
Operating primarily across North America, the company maintains manufacturing, processing, and recycling facilities located across the United States and Mexico. Its footprint encompasses multiple flat roll and long product steel mills, downstream coating lines, steel fabrication facilities, and biocarbon processing operations. Steel Dynamics is headquartered in the United States, supporting industrial markets domestically and in neighboring regions with approximately 14,400 full-time team members.
Summary of the business section of Steel Dynamics's latest annual report, written by StockData.
Company profile
Company
- Legal name
- STEEL DYNAMICS INC
- Founded
- 1993
- Headquarters
- Fort Wayne, IN
- Address
- 7575 W Jefferson Blvd 46804
- Phone
- (260) 459-3553
- Website
- www.steeldynamics.com
- Employees
- 14,400, Dec 31, 2025
- Industry
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- Incorporated in
- Indiana
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Indianapolis, Indiana
Stock & identifiers
- Ticker
- STLD
- Exchange
- Nasdaq
- IPO date
- Aug 14, 1997
- Shares outstanding
- 143M, Jul 23, 2026
- Public float
- $13.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Mar 31, 2008; 2-for-1, Nov 21, 2006
- SEC CIK
- 1022671
- CUSIP
- 858119100
- ISIN
- US8581191009
- LEI
- 549300HGGKEL4FYTTQ83
- EIN
- 35-1929476
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mark D. Millett | Chairman and CEO, Director | 3,016,401 |
| James Stanley Anderson | Senior Vice President | 111,737 |
| Christopher A. Graham | Senior Vice President | 74,748 |
| Richard A. Poinsatte | Senior Vice President | 28,418 |
| Chad Bickford | Vice President | 24,025 |
| Miguel Alvarez | Senior Vice President | 123,257 |
| Barry Schneider | President and COO | 246,399 |
| Theresa E. Wagler | Executive Vice President & CFO | 504,152 |
| Matthew Lane Bell | Vice President | 2,034 |
| Glenn Pushis | Senior Vice President | 138,435 |
| Jennifer L. Hamann | Director | 5,376 |
| Bradley S. Seaman | Director | 51,600 |
| Traci M. Dolan | Director | 58,970 |
| Sheree L. Bargabos | Director | 27,105 |
| Kenneth W. Cornew | Director | 32,013 |
| Luis Manuel Sierra | Director | 11,523 |
| Richard P. Teets Jr | Director | 5,146,371 |
| Gabriel Shaheen | Director | 82,520 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Mark Millett | $12.06M | $24.23M | $5.62M | $498 | $369 |
| FY2024 Mr.Mark Millett | $11.78M | $16.25M | $5.46M | $330 | $254 |
| FY2023 Mr.Mark Millett | $11.82M | $26.49M | $5.25M | $337 | $331 |
| FY2022 Mr.Mark Millett | $11.23M | $34.80M | $5.05M | $275 | $254 |
| FY2021 Mr.Mark Millett | $11.00M | $30.54M | $4.05M | $171 | $218 |
| FY2020 Mr.Mark Millett | $10.98M | $14.34M | $3.60M | $112 | $98 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“The Steel Dynamics team consisted of approximately 14,400 full-time team members at December 31, 2025.”
Corporate history
Events identified from SEC filings