Steel Dynamics, Inc. (STLD)

109.52 +0.29 (+0.27%) As of 02:07PM EDT. Market open.

Steel Dynamics, Inc.

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

Sector(s): Basic Materials
Industry: Steel
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Mark D. Millett	Chairman, Co-Founder, CEO & Pres	5.01M	14.48M	1960
Mr. Keith E. Busse	Co-Founder & Director	187.5k	N/A	1944
Mr. Richard P. Teets Jr.	Co-Founder & Director	112.5k	N/A	1955
Ms. Theresa E. Wagler	Exec. VP, CFO & Company Sec.	2.62M	3.11M	1970
Mr. Glenn A. Pushis	Sr. VP of Special Projects	1.91M	728.71k	1966
Mr. Barry T. Schneider	Sr. VP of Flat Roll Steel Group	1.91M	873.71k	1969
Marlene Owen	Director of Investor Relations	N/A	N/A	N/A
Mr. Jeff Hansen	VP of HR & Safety	N/A	N/A	N/A
Mr. James S. Anderson	Sr. VP	N/A	N/A	1961
Mr. Christopher A. Graham	Sr. VP of Long Products Steel Group	N/A	N/A	1964

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes 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 roll, cold roll, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; and engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars. The company also engages in 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 products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. This segment sells directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment purchases, processes, and resells 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 non-residential steel building components, such as steel joists, girders, trusses, and steel deck products. 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 1 February 2023 is 6. The pillar scores are Audit: 2; Board: 8; Shareholder rights: 8; Compensation: 4.

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 10 indicates higher governance risk.