Steel Dynamics, Inc. (STLD) Sector
Materials

(Current) $144.11
2.47 (1.74%) Open Price: 140.24

Steel Dynamics, Inc. (SDI) is a leading steel producer in the United States. The company was founded in 1993 by a group of steel industry veterans, including Keith Busse, who served as the company's first CEO. SDI has its headquarters in Fort Wayne, Indiana.

The primary focus of Steel Dynamics is to produce and sell a wide range of high-quality steel products for various industries. They are engaged in the manufacture of steel bars, beams, sheet products, rails, and other long and flat steel products. The company operates a number of steel mills and processing facilities across the United States.

One of the key features that sets Steel Dynamics apart from traditional integrated steel producers is its use of electric arc furnaces (EAF) in its steelmaking process. EAF technology allows SDI to recycle scrap metal, which not only lowers production costs but also has environmental benefits.

Over the years, Steel Dynamics has grown both organically and through strategic acquisitions. The company has expanded its product portfolio and geographic presence through various successful mergers and acquisitions. This growth strategy has allowed SDI to become one of the largest steel producers in the United States.

Steel Dynamics places a strong emphasis on operational excellence, product innovation, and customer satisfaction. They strive to meet the diverse and evolving needs of their customers across different industries, including automotive, construction, energy, and manufacturing. With a strong focus on quality, efficiency, and customer service, Steel Dynamics continues to be a major player in the steel industry and aims to remain a leader in the market.

(11/19/24) $140.24
(11/21/24) $141.64
(11/21/24) (Qty.)2,068,093
(11/19/24) $138.77
(11/19/24) $140.50
(11/03/24) $131.81
(11/03/24) $155.56
Stocktwits
LetsEncrypt SSL Secure Stripe Payment Processing