Steel Dynamics
Steel Dynamics is a leading North American industrial metals solutions provider operating a circular manufacturing model that utilizes recycled scrap to produce lower-carbon-emission products. The company maintains a highly diversified portfolio across steel production, metals recycling, and downstream steel fabrication, while expanding into sustainable aluminum flat rolled products. Its business is built on a vertically integrated platform that serves critical infrastructure, automotive, and industrial sectors.
Financials
Based on Q1 2026 filing
Revenue
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Steel Operations
primaryProduces a wide range of steel products using electric arc furnace technology, which utilizes recycled ferrous scrap as the primary raw material. This segment serves diverse end markets including construction, automotive, and energy.
Hot-rolled steel, Cold-rolled steel, Coated steel, Structural steel beams, Piling, Rail, Special-bar-quality steel
Automotive manufacturers, Construction firms, Energy companies, Heavy equipment manufacturers
Metals Recycling Operations
majorInvolves the collection, processing, and sale of ferrous and nonferrous scrap metal. This segment provides a critical raw material supply chain for the company's own steel mills and external customers.
Ferrous scrap, Nonferrous scrap, Heavy melting steel, Busheling, Shredded scrap
Steel mills, Foundries, Nonferrous metal refiners
Steel Fabrication Operations
moderateDownstream operations that manufacture steel building components for the non-residential construction industry. This segment provides a natural internal hedge and outlet for the company's steel production.
Steel joists, Girders, Steel deck
Non-residential construction contractors, Building developers
Aluminum Operations
minorA growth-focused segment producing aluminum flat rolled products with high recycled content. It targets sustainable packaging and industrial applications.
Aluminum flat rolled products, Beverage can sheet, Automotive aluminum sheet
Beverage can manufacturers, Automotive OEMs, Industrial manufacturers
Segment Financials
Steel Operations — Total Assets
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View metricMetals Recycling Operations — Segment Reporting Other Item Amount
View metricMetals Recycling Operations — Total Assets
View metricMetals Recycling Operations — Segment Expenditure Addition To Long Lived Assets
View metricSteel Fabrication Operations — Total Assets
View metricSteel Fabrication Operations — Segment Expenditure Addition To Long Lived Assets
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View metricAluminum Operations — Total Assets
View metricAluminum Operations — Segment Reporting Other Item Amount
View metricAluminum Operations — Number Of Satellite Recycled Aluminum Slab Centers
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Competitive Position
One of the largest domestic steel producers and metals recyclers in North America with a low-cost, electric arc furnace production model.
Geographies
United States, Mexico
Customer Segments
Automotive OEMs, Construction companies, Industrial manufacturers, Packaging companies
Upstream Dependencies
Ferrous and nonferrous scrap metal, Electricity, Natural gas, Graphite electrodes
Downstream Customers
Automotive industry, Non-residential construction, Beverage packaging, Transportation, Infrastructure
Competitors & Partners
Competitors
Similar Companies
Subsidiaries
OmniSource
Metals recycling subsidiary
New Millennium Building Systems
Steel fabrication subsidiary
Steel Dynamics FAQ
Common questions about Steel Dynamics
Steel Dynamics is a leading North American industrial metals solutions provider operating a circular manufacturing model that utilizes recycled scrap to produce lower-carbon-emission products. The company maintains a highly diversified portfolio across steel production, metals recycling, and downstream steel fabrication, while expanding into sustainable aluminum flat rolled products. Its business is built on a vertically integrated platform that serves critical infrastructure, automotive, and industrial sectors.
Steel Dynamics (STLD) has a market capitalization of $33.8B and trades on NASDAQ.
Steel Dynamics generated $19.0B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 7.2%. Gross margin stands at 14.0%, with free cash flow of $664.7M. These figures are based on the Q1 2026 filing.
Steel Dynamics's key competitors include Nucor Corporation, Commercial Metals Company, Cleveland-Cliffs Inc., and others. These companies compete in similar markets and product categories.
Steel Dynamics has approximately 12,600 employees.