Steel Dynamics, Inc

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Steel Dynamics may operate mini-mills, but it produces big steel. Steel Dynamics, Inc. (SDI) operates electric arc furnace mini-mills, steel scrap processing and metals recycling centers, and steel fabrication facilities. SDI sells to companies in the automotive, construction, and manufacturing industries, as well as to steel processors and service centers, primarily in the Midwestern and Eastern US. Among its mini-mill output are beams, rails, and other products used in the construction, industrial machinery, and transportation industries.

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3.6

Overall Excellence Rating

Industry

Oil, Gas and Mining

Category

Metal & Mineral Manufacturing

ESG/Ethical Impact

In 2021, we announced that we are taking further action to reduce our environmental footprint through our 2025, 2030, and 2050 goals for greenhouse gas (GHG) emissions reduction and increased renewable electrical energy usage. With our electric arc furnace (EAF) steelmaking, North American recycling business, and circular manufacturing model, Steel Dynamics is already a leader in the production of low-carbon steel products within the global industry. With the addition of our stated decarbonization goals, we are raising the bar even further for sustainable steelmaking. Our entrepreneurial, innovative, performance-based culture supports our decarbonization efforts through the continuation of EAF steelmaking technology development, the continuation of new technologies in our metals recycling operations, the identification of lower-carbon raw material alternatives, and increased operating efficiency initiatives. As a leader in decarbonization of steelmaking today, there is even more to come. We intentionally developed a vertically connected operating model, further strengthening our company. Our metals recycling platform collects and processes scrap from manufacturing and end-of-life items, such as automobiles, appliances, and machinery. This processed scrap is then sold to end users for reuse, including our EAF steel mills, which produce new steel from the scrapped material. Our steel is then sold to consumers that both further process steel and manufacture end products. We sell a meaningful amount of steel to our own manufacturing businesses that in turn sell finished products to consumers. Ultimately, when these products reach the end of their useful lives, they can be collected as scrap and used again in our steelmaking operations, creating our circular manufacturing model.

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Awards Received

2023

Revenues

$22,300,000,000.00

Website Traffic

Employee Rating

4.4

Customer Rating

4.5

Company Size

5000-10000

ESG Risk Rating

2

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