Steel Dynamics, Inc. (STLD), founded in 1993 and based in Fort Wayne, Indiana, is a major U.S. steel producer and metal recycler. Renowned for its diverse steel and aluminum offerings, the firm serves industries ranging from construction and automotive to manufacturing and heavy equipment. With operations spanning recycling, fabrication, and specialty metals, Steel Dynamics’ innovation and sustainability drive its prominence in domestic and international markets.
Valued at a market cap of $21.9 billion, shares of Steel Dynamics have climbed 25.8% over the past 52 weeks and 23% on a YTD basis, trailing behind the S&P 500 Index’s ($SPX) 32.6% returns over the past year and 26.5% gains in 2024.
