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Steel Dynamics, Inc. - Company Profile

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Steel Dynamics, Inc. - Overview

Brands
Kentucky Electric Steel, Omnisource, United Steel Supply
Description
Steel Dynamics is a public company headquartered in Indiana with an estimated 12,060 employees. In the US, the company has a notable market share in at least two industries: Iron & Steel Manufacturing, Recyclable Material Wholesaling and Recyclable Material Wholesaling. Their largest market share is in the Iron & Steel Manufacturing industry, where they account for an estimated 18.8% of total industry revenue.
Company Details

Registered Name: Steel Dynamics, Inc.

Company Type: Operating

Exchange: Nasdaq

Headquarters: 7575 W Jefferson Blvd Fort Wayne IN 46804

Website: http://www.steeldynamics.com

Employees: 12060

Steel Dynamics, Inc. - Operating Industries and Main Competitors

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Steel Dynamics, Inc. - Products and Services

  • Iron & Steel Manufacturing in the US

  • Of the 7 core revenue-generating products and services in the Iron & Steel Manufacturing in the US industry, Steel Dynamics, Inc. offers:
    • Cold-finished bars and shapes
    • Cold-rolled sheets and strips
    • Hot-rolled bars and shapes
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Steel Dynamics, Inc. - Analyst Insights

Steel Dynamics Inc. sees growth in 2021 financial report

On January 24, 2022, Steel Dynamics Inc. in its financial report from 2021, saw its revenues grow exponentially from last year. In 2021, the company made $18.4 billion, which has grown from last year's revenue of $9.6 billion. Several company milestones were reportedly made in the year with record steel shipments of 11.2 million tons were made, record net sales and record steel recycling segment earnings. The company has cited increased consumer confidence in the economy and in steel demand as to why it has seen growth for the year as it expects continued growth into 2022 despite challenges from the supply-chain crisis.

M&A|Discontinued Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

Lorem Ipsum text header Report Title

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Steel Dynamics, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Steel Dynamics, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Recyclable Material Wholesaling in the US, and Iron & Steel Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Steel Dynamics, Inc. - Financial Statements & Ratios

pie_chartSteel Dynamics, Inc. Income Statement

BALANCE DATE12/31/202212/31/202112/31/202012/31/201912/31/201812/31/2017
Revenue22,260.818,408.99,601.510,465.011,821.89,538.8
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartSteel Dynamics, Inc. Balance Sheet

BALANCE DATE12/31/202212/31/202112/31/202012/31/201912/31/201812/31/2017
Cash and Equivalents1,628.41,243.91,368.61,381.5828.21,028.6
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartSteel Dynamics, Inc. Cash Flow

BALANCE DATE12/31/202212/31/202112/31/202012/31/201912/31/201812/31/2017
Net Income3,879.53,246.8570.8677.91,255.8805.8
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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