Based in Fort Wayne, Indiana, Steel Dynamics, Inc. (STLD) is a steel producer and metal recycler. Valued at a market cap of $17.7 billion, the company makes and markets steel products, processes and sells recycled ferrous and nonferrous metals and fabricates, and sells steel joist and decking products.
Companies worth more than $10 billion are generally labeled as “large-cap” stocks, and Steel Dynamics fits this criterion perfectly. The company distinguishes itself as one of the leading steel producers and metal recyclers in the U.S. It is renowned as one of the most diversified steel companies offering a vast range of specialty products.
