Steel Dynamics, Inc.

About Steel Dynamics, Inc.

Steel Dynamics is a leading industrial metals solutions company in North America, operating as one of the largest domestic steel producers and metal recyclers. They utilize a circular manufacturing model to produce lower-carbon-emission, high-quality steel products using recycled scrap as the primary input. Their operations span steel production, steel fabrication, metals recycling, and new investments in aluminum, driven by innovative teams and a commitment to sustainability and decarbonization.

Products & Services

Steel Operations:Produces various steel products including hot roll, cold roll, coated sheet steel, structural steel beams, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, and specialty steel sections, with a shipping capability of approximately 16 million tons.

Steel Fabrication:Manufactures structural steel joist and deck building systems, serving the domestic construction market and national accounts with a wide operating footprint.

Metals Recycling:Collects and processes ferrous and nonferrous scrap from manufacturing and end-of-life items for reuse, strategically located near steel mills and scrap consumers in the US and Mexico.

Aluminum Operations:Investing in a state-of-the-art, low-carbon, recycled aluminum flat rolled mill to address supply deficits in the North American market and diversify product offerings.

Specialties

Circular Manufacturing Lower-Carbon-Emission Steel Production Electric Arc Furnace (EAF) Technology Steel Fabrication Metals Recycling Aluminum Production Sustainability and Decarbonization

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 800000000 MR: - FA: $800 million FAN: 800000000	D: 2025-11-21 FD: 2025-11-21	12 investors
2	RT: Debt T: - FT: Debt	A: 1000000000 MR: - FA: $1,000 million FAN: 1000000000	D: 2025-03-12 FD: 2025-03-12	7 investors
3	RT: Debt T: - FT: Debt	A: 600000000 MR: - FA: $600 million FAN: 600000000	D: 2024-07-03 FD: 2024-07-03	6 investors

Debt Latest

2025-11-21

$800.0M

12 investors (Pro only)

Debt 2025-03-12

$1.0B

Debt 2024-07-03

$600.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

M

Mark D. Millett

Co-founder, Chairman, and Chief Executive Officer

S

Sheree L. Bargabos

Retired, Former President of Roofing and Asphalt Division, Owens Corning

K

Kenneth W. Cornew

Lead Independent Director

T

Traci M. Dolan

Retired, Former Chief Administrative Officer

J

Jennifer L Hamann

Executive Vice President and Chief Financial Officer

B

Bradley S. Seaman

Managing Partner, Parallel49 Equity

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