Businessweek

Steel Dynamics, Inc. engages in the manufacture and sale of steel products; processing and sale of recycled ferrous and nonferrous metals; and fabrication and sale of steel joist and decking products in the United States. The company has an estimated annual steelmaking capability of 6.4 million tons. Segments The company operates through three segments: Steel Operations; Metals Recycling and Ferrous Resources Operations; and Steel Fabrication Operations. STEEL OPERATIONS This segment consist of the company’s five electric-arc furnace mini-mills, producing steel from steel scrap, utilizing continuous casting, automated rolling mills, and various downstream finishing facilities. The company’s steel operations sell directly to end users and service centers. These products are used in various industry sectors, including the automotive, agriculture, energy, construction, commercial, transportation, and industrial machinery markets. Sheet Products The company’s sheet steel products are produced by both its Flat Roll division, which consists of its flat roll mill, galvanizing, and painting facilities in Butler, Indiana; galvanizing and painting facilities in Jeffersonville, Indiana; and The Techs, its Pittsburgh, Pennsylvania-based galvanizing company, which operates three galvanizing facilities, such as GalvTech, MetalTech, and NexTech. The company’s flat roll mill manufactures flat rolled, hot rolled, cold rolled, and coated steel products. Its flat roll mill has two twin-shell electric arc furnaces. The company has three ladle metallurgy stations, two continuous thin-slab casters, and two tunnel furnaces. Its hot rolling mill, which progressively reduces the slab in thickness, consists of a 7-stand rolling mill capable of rolling sheet steel down to 1.0 mm. Located within the company’s flat roll mill, the company has a hot rolled galvanizing line capable of coating steel in gauges from .044 to .160 inches and in widths ranging from 40 to 61 inches. Also within its flat roll mill, the company has a cold rolled galvanizing line capable of coating steel in gauges from .012 to .070 inches and in widths ranging from 40 to 61 inches. The company’s on-site paint line receives material directly from its other processing lines and is capable of painting hot rolled galvanized coil, cold rolled coil, and cold rolled galvanized coil in gauges of .012 to .070 inches and in widths ranging from 40 to 61 inches. In Jeffersonville, Indiana, the company has a cold rolled galvanizing facility located within the Clark Maritime Centre on the Ohio River. This facility is capable of coating cold rolled steel in gauges from .012 to .040 inches and in widths between 40 and 61 inches. Its flat roll mill provides its Jeffersonville facility with cold rolled material. The Techs facilities have galvanizing lines with varying capabilities. NexTech is capable of coating cold rolled steel in gauges from .007 to .020 inches and in widths between 24 and 43 inches. GalvTech is capable of coating cold rolled steel in gauges from .012 to .040 inches and in widths between 30 and 60 inches. MetalTech is capable of coating cold rolled steel in gauges from .015 to .160 inches and in widths between 24 and 52 inches. In addition to third party steel producers, its Flat Roll division provides The Techs with required steel material. Hot Rolled Products The company’s flat roll mill produces hot rolled products that include various low and medium carbon and low-alloy hot rolled bands in widths from 40 to 62 inches and in thicknesses from .375 inches down to .042 inches. It also produces a range of lighter gauge hot rolled products, including low alloy and medium carbon steels. These products are suitable for automobile suspension arms, frames, wheels, and other unexposed parts in auto and truck bodies; truck, trailer, and recreational vehicle parts and components; mechanical and structural steel tubing; gas and fluid transmission piping, building, and construction products; rail cars; ships, barges, and other marine equipment; agricultural equipment and farm implements; lawn, garden, and recreation equipment; industrial machinery and sh