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Home > Company Index > Metals & Mining > Steel Production > Steel Dynamics, Inc.

Steel Dynamics, Inc.
Nasdaq: STLD
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 NEWS FROM THE STANDARD
Premature Regulation
May 01 2000 12:00 AM PDT

Steely-Eyed Auctioneers
Dec 07 1998 12:00 AM PST

 PROFILE
Steel Dynamics, Inc. (SDI), operates an electric arc furnace minimill that produces hot-rolled, cold-rolled, and coated steel products. SDI sells to OEMs and through service centers mainly in the Midwest. Customers include Heidtman Steel Products (21% of sales), Metals USA, Paragon Steel Trading, and companies in the auto, appliance, consumer durables, and industrial machinery industries. Subsidiary Iron Dynamics is redesigning its steel scrap substitute mill to produce direct reduced iron for conversion into liquid pig iron for use in SDI's minimill. The company is also planning a structural and rail mill. German steel technology firm Salzgitter AG owns 14% of SDI; customer Heidtman Steel Products owns over 6%.

 COMPETITION
Commercial Metals Company (CMC)
Nucor Corporation (NUE)
USX-U.S. Steel Group (X)

 STOCK ANALYSIS
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• Advanced Charting
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 692.60
1-Yr. Sales Growth: 11.9%
Employees: 652
Revenue per employee: $1,062,269.94

 KEY PEOPLE
• Keith E. Busse
    CEO
• Tracy L. Shellabarger
    CFO

 CONTACT INFO
6714 Pointe Inverness Way Ste. 200
Fort Wayne, IN 46804
US
Phone: 219-459-3553
Fax: 219-969-3590
Online: Web Site

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