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Steel Dynamics, Inc. (STLD)

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63.76+0.09 (+0.14%)
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Steel Dynamics, Inc.

7575 West Jefferson Boulevard
Fort Wayne, IN 46804
United States
260 969 3500
http://www.steeldynamics.com

Sector(s)Basic Materials
IndustrySteel
Full Time Employees9,625

Key Executives

NameTitlePayExercisedYear Born
Mr. Keith E. BusseCo-Founder & Non-Exec. Chairman250kN/A1944
Mr. Mark D. MillettCo-Founder, CEO, Pres & Exec. Director4.9MN/A1960
Mr. Richard P. Teets Jr.Co-Founder & Director100kN/A1955
Ms. Theresa E. WaglerExec. VP, CFO & Company Sec.2.52MN/A1970
Mr. Glenn A. PushisSr. VP of Special Projects1.7MN/A1966
Mr. Barry T. SchneiderSr. VP of Flat Roll Steel Group1.7MN/A1969
Mr. Russell B. RinnExec. VP of Metals Recycling2.1MN/A1957
Marlene OwenDirector of Investor RelationsN/AN/AN/A
Mr. Jeff HansenVP of HR & SafetyN/AN/AN/A
Mr. Christopher A. GrahamSr. VP of Long Products Steel GroupN/AN/A1964
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot and cold roll, and coated steel products; structural flange beams and channel sections, flat bars, large unequal leg angles, reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products; and merchant-bar-quality products, including channels, angles, flats, merchant rounds, and reinforcing steel bars; and other engineered round steel bars. This segment is also involved in the turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, galvanizing, and coating of specialty merchant bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube industry sectors. This segment sells its products directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment engages in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, marketing, brokerage, and scrap management services. The Steel Fabrication Operations segment produces steel building components, such as steel joists, girders, trusses, and steel deck products for non-residential steel fabricators. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.

Corporate Governance

Steel Dynamics, Inc.’s ISS Governance QualityScore as of April 30, 2021 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.