Steel Dynamics, Inc. (STLD)

One of the largest domestic steel producers and metals recyclers in the United States.

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Steel Dynamics, Inc., and its subsidiaries are prominent players in the steel production and metal recycling sectors across the United States. Operating through three main segments, the company caters to diverse industries with a broad range of steel products and services.

The Steel Operations segment is the core of Steel Dynamics' business, offering hot roll, cold roll, and coated steel products, along with specialty items like rail products and engineered steel bars. It provides comprehensive value-added services such as precision cutting, heat treating, and surface treatment to meet the specific needs of customers in construction, automotive, manufacturing, transportation, and agriculture sectors. Sales are directly to end-users, steel fabricators, and service centers.

In the Metals Recycling Operations segment, Steel Dynamics purchases, processes, and sells ferrous and nonferrous scrap metals, transforming them into reusable forms and grades. This segment handles a wide range of materials including heavy melting steel, aluminum, brass, copper, and stainless steel. Alongside recycling operations, the company offers logistical support, marketing, brokerage, and scrap management services to optimize the recycling process.

The Steel Fabrication Operations segment specializes in producing non-residential steel building components such as joists, girders, trusses, and steel deck products. This segment caters to the construction industry, providing essential structural elements for various commercial and industrial projects. Steel Dynamics, Inc., established in 1993 and headquartered in Fort Wayne, Indiana, continues to expand its footprint in the steel industry through innovation, strategic acquisitions, and commitment to quality and customer satisfaction.

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