Steel Dynamics

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Steel Dynamics

logo
legal form Incorporated
ISIN US8581191009
founding 1993
Seat Fort Wayne , Indiana , United StatesUnited StatesUnited States 
management Mark Millett (President and CEO)
Number of employees 7,780
sales 8,756,000,000 US dollars
Branch steel
Website www.steeldynamics.com
As of December 31, 2014

Steel Dynamics (SDI) is an American steel manufacturer based in Fort Wayne , Indiana . The steel is produced exclusively in electric steelworks .

SDI is a major rail manufacturer in North America. In 2014 the company manufactured 45,000 t of “head-hardened” rails with a length of 320 ft (almost 100 m). The 320 ft rails can be welded together up to 1600 ft (490 m).

history

Steel Dynamics was founded in 1993 by former Nucor managers Keith Busse, Mark Millet and Richard Teets, who raised US $ 370 million for it. Hence, a period 1994 to 1996 CSP - minimill in Butler (Indiana) built. A low-cost power supply contract with 2.8 US cents per kWh was negotiated with American Electric Power . In 2002 another electric steel mill was built in Columbia City .

In 2007 SDI took over scrap dealer OmniSource . The Severstal plant in Columbus (Mississippi) followed in 2014 .

Works

Competitor

Web links

Individual evidence

  1. a b c d Annual Report 2014  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / b2icontent.irpass.cc  
  2. ^ Steel Dynamics, Inc. History at fundinguniverse
  3. ^ Steel Dynamics Completes the Acquisition of OmniSource Corporation
  4. Yuliya Fedorinova: Russia's Severstal Sells US Plants for $ 2.3 Billion. In: Bloomberg.com. July 21, 2014, accessed August 2, 2015 .