Steel Dynamics
Fort Wayne, Indiana, United States · Manufacturing, Mining, Precious Metals
Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States, based on estimated annual steelmaking and metals recycling capability, with facilities located throughout the United States, and in Mexico. Steel Dynamics produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-
Key facts
- Headquarters
- Fort Wayne, Indiana, United States
- Employees
- 12,060
- Industries
- Manufacturing, Mining, Precious Metals
- Status
- Public (STLD)
- Website
- www.steeldynamics.com
- Company page
Recent activity at Steel Dynamics
- : SEC 8-K (8.01): On November 9, 2026, Steel Dynamics, Inc. announced an additional $3.0 billion share repurchase authorization along with a cash dividend for the fourth quarter of 2026. This event signifies the company's ongoing commitment to returning value to shareholders and supports its strong financial position. The announcement was made via a press release, indicating strategic plans to enhance shareholder returns amidst a favorable market. The filing emphasizes the company's proactive measures in capital management and investor relations.
- : SEC 8-K (8.01): On October 19, 2026, Steel Dynamics, Inc. announced leadership promotions within the company. This filing pertains to changes in management, specifically detailing new appointments or advancements within the executive team. The announcement may have implications for the company’s strategic direction and operational leadership. The press release is attached as Exhibit 99.1, reflecting the date of the event and the changes in management structure. This event is significant as it demonstrates the company's commitment to internal growth and leadership development.
- : SEC 8-K (7.01): On September 17, 2026, Steel Dynamics, Inc. issued a press release providing earnings guidance for the third quarter of 2026. This guidance is significant for investors and analysts to set expectations for the company's upcoming financial performance, reflecting potential growth or challenges in the steel industry. The filing includes the press release as Exhibit 99.1, which provides detailed insights on expected earnings figures and strategic considerations impacting Steel Dynamics.
- : SEC 8-K (8.01): On August 14, 2026, Steel Dynamics, Inc. announced a cash dividend for the third quarter of 2026 via a press release. This release highlights the company's intent to provide shareholders with a return on their investment through cash dividends, which suggests a strong financial performance anticipated for the quarter. The decision to issue a cash dividend may support investor confidence and reflect the company's financial stability. The press release is attached as Exhibit 99.1.
- : Steel Dynamics Appoints Theresa E. Wagler as President and CEO
- : SEC 8-K (5.02): On August 3, 2026, Mark D. Millett, the Chairman and CEO of Steel Dynamics, Inc., notified the Board of Directors of his intention to retire as CEO effective January 1, 2027. Concurrently, he will be appointed as Executive Chairman. Theresa E. Wagler, currently the Executive Vice President and CFO, will transition to President and CEO on the same date. Additionally, the Board appointed Ms. Wagler as a Board member immediately and increased the Board's size from seven to eight members. This restructuring includes several other executive appointments effective on January 1 and September 1, 2026, which indicates a significant shift in the company's leadership structure and strategic direction.
- : SEC 8-K (7.01): On June 17, 2026, Steel Dynamics, Inc. issued a press release providing earnings guidance for the second quarter of 2026. The press release informs shareholders and the public about the company's expected financial performance, which is essential for evaluating its ongoing business operations. The filing notes that the information in the press release is to be treated as a Regulation FD disclosure, meaning it is intended to communicate important corporate information to all stakeholders simultaneously. This step demonstrates Steel Dynamics' commitment to transparency and compliance with SEC regulations, as the guidance may impact investor perceptions and stock performance.
- : SEC 8-K (8.01): On May 7, 2026, Steel Dynamics, Inc. announced a cash dividend for the second quarter of 2026. This decision was communicated through a press release titled "Steel Dynamics Announces Second Quarter 2026 Cash Dividend," which indicates the company's commitment to returning value to its shareholders. The announcement reflects the company's financial health and is typically a positive indicator of performance. The details of the dividend amount were not specified in the filing, but such distributions are crucial for investor relations and may impact stock performance. This announcement is significant as it aligns with typical corporate practices to reward shareholders, especially in a stable financial environment.
- : SEC 8-K (5.02): On March 25, 2026, Richard P. Teets, Jr. and Gabriel L. Shaheen informed the Board of Directors of Steel Dynamics, Inc. of their intention to retire at the end of their current term and not stand for reelection at the 2026 Annual Meeting. As a result, the size of the Board will decrease from nine to seven members effective at the Annual Meeting. Their decision was not due to any disagreements with the Company. The company's press release issued on March 27, 2026, acknowledges their service, reinforcing a smooth transition in governance and highlighting the Board's ongoing commitment to effective leadership.
- : SEC 8-K (7.01): On March 17, 2026, Steel Dynamics, Inc. issued a press release providing its earnings guidance for the first quarter of 2026. This disclosure, which is classified under Item 7.01 of the Form 8-K, is intended to inform investors about the company's expected performance, enhancing transparency ahead of earnings reporting. The press release is attached as Exhibit 99.1 and is furnished rather than filed, meaning it may not have the full legal protections of filed statements under the Securities Exchange Act. The guidance reflects strategic insights into the company’s anticipated financial outlook, which could impact stockholder decisions and market perception.
Leadership
- Tommy Scruggs, Vice President - Commercial & Steel Processing
- Theresa E. Wagler, President
- Jeff Roach, Operations Manager
- Matt Bell, Vice President
- Miguel Alvarez, Senior Vice President
Verified email and direct lines for Steel Dynamics’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Steel Dynamics files 8 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Nov 2026.
Steel Dynamics in the news
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About Steel Dynamics: questions and answers
What does Steel Dynamics do?
Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States, based on estimated annual steelmaking and metals recycling capability, with facilities located throughout the United States, and in Mexico. Steel Dynamics produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-
Where is Steel Dynamics headquartered?
Steel Dynamics is headquartered in Fort Wayne, Indiana, United States.
How many employees does Steel Dynamics have?
Steel Dynamics has about 12,060 employees.
Who leads Steel Dynamics?
Tommy Scruggs is a Vice President - Commercial & Steel Processing at Steel Dynamics.
What is the latest news on Steel Dynamics?
On Nov 10, 2026, SEC 8-K (8.01): On November 9, 2026, Steel Dynamics, Inc. announced an additional $3.0 billion share repurchase authorization along with a cash dividend for the fourth quarter of 2026. This event signifies the company's ongoing commitment to returning value to shareholders and supports its strong fi
Is Steel Dynamics a public company?
Yes. Steel Dynamics is publicly traded under the ticker STLD.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy