Steel Dynamics produces all kinds of steel
http://www.globeinvestor.com/servlet/story/PRNEWS. [2008-7-23]
Tag : Steel Products
If you are unable to participate during the live webcast, the callwill be archived on the Web site www.steeldynamics.com .
Steel Dynamics is a producer of carbon steel products and is amajor recycler of ferrous and non-ferrous scrap metals. SteelDynamics produces flat rolled steel, structural steel, merchant andSBQ bars, specialty shapes, and rail at five steel mini mills located in Indiana , Virginia , and West Virginia . Its New Millennium Building Systems division produces joist,girders, and decking at five plants in the eastern United States . Revenues in 2007 were $4.4 billion on consolidated shipments of 6.2 million tons. A low-cost producerof quality steel products, Steel Dynamics is one of the mostprofitable U.S. steel companies in terms of profits per ton. In2007, the company earned an operating income per ton of $136 on steel operations shipments. In July 2007 SDI completed the purchase of The Techs, a flat-rolled steelgalvanizing business, and in October 2007 acquired OmniSource Corporation, a large privately owned metalsrecycling business. Including the June 2008 purchase of Recycle South, a metals recycler in the SoutheasternU.S., OmniSource now has an annual capacity to process more than6.5 million tons of ferrous scrap and more than a billion pounds ofnonferrous scrap.
SOURCE Steel Dynamics, Inc.
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