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Steel Dynamics, Inc. (STLD)


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Steel Dynamics, Inc.

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

SectorBasic Materials
IndustrySteel & Iron
Full Time Employees7,695

Key Executives

NameTitlePayExercisedAge
Mr. Mark D. MillettCo-Founder, Chief Exec. Officer, Pres & Exec. Director3.57M78.47k57
Mr. Richard P. Teets Jr.Co-Founder & Exec. Director1.06M57.85k62
Ms. Theresa E. WaglerCFO, Chief Accounting Officer & Exec. VP2.06M75.62k47
Mr. Glenn PushisSr. VP of Long Products Steel Group1.21MN/A51
Mr. Barry SchneiderSr. VP of Flat Roll Steel Group1.12M58.35k48
Amounts are as of December 31, 2016 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, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally. The company operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other segments. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; threaded rod products, and cold drawn and heat treated bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections. This segment serves construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved 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, management, marketing, brokerage, and consulting services related to the scrap industry. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel decks primarily for the non-residential construction industry. The Other segment offers pig and hot briquetted iron; and iron nugget products that are used in electric arc furnace steel mill production. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

Corporate Governance

Steel Dynamics, Inc.’s ISS Governance QualityScore as of July 1, 2017 is 4. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 4; Compensation: 3.

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.