Steel Dynamics Overview

Industry
Metals
Revenue
Headquarters
Employees
9,625
Founded In
Organization Type
Public
Social Media

Steel Dynamics is a manufacturing company focusing on steel production, metal recycling, and fabrication. Founded in 1993, this American enterprise has grown into one of the largest domestic steel producers and metal recyclers in the United States. The company's operations feature three main segments: steel operations, metals recycling and ferrous resources, and fabrication. Steel Dynamics produces high-quality sheet and long steel products that cater to end markets such as automotive, construction, manufacturing, and energy. The company's steelmaking facilities use electric arc furnaces, continuous casting, automated rolling mills, and downstream finishing facilities.

Steel Dynamic’s CEO Mark D. Millett leads a diverse workforce of more than 9,625 employees in the company's numerous manufacturing facilities primarily located across the United States. With an annual revenue of $22.3 billion, Steel Dynamics is a significant player in the manufacturing industry. The company's metals recycling subsidiary, OmniSource Corporation, processes, transports, markets, and brokers ferrous and nonferrous scrap metal. Additionally, its fabrication operation, New Millennium Building Systems, produces trusses, girders, steel joists, and steel decking products for the building industry. Steel Dynamics' customers include nonresidential steel fabricators, metal building companies, general construction contractors, developers, brokers, and government entities.

Steel Dynamics's Mission Statement

We focus on staying our customers preferred supplier by providing outstanding products and unique supply-chain solutions that exceed expectations, as we anticipate their future needs and deliver greater value.

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3.0/5

Steel Dynamics employee reviews

Based on 4 ratings

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Job openings at Steel Dynamics
365 Positions
Average salary at Steel Dynamics
$51,902 yearly

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Steel Dynamics employee reviews

Steel Dynamics employee reviews
3.0/5

Based On 4 Ratings

Work At Steel Dynamics? Share your experience.
Employee Reviews
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5.0
A zippia user wrote a review on Mar 2024
Pros of working at Steel Dynamics

The pay the great benefits the really good work environment the people Worked with and the people I worked for.

Steel Dynamics Benefits

The 401 match was really good. The profit sharing was great.

What do you like best about Steel Dynamics's CEO and the leadership team?

They really care for the employees and take good care of them.

How did you prepare for the Steel Dynamics interview?

I came from a steel background and was told just to be honest about everything.

How does your compensation at Steel Dynamics compare to the industry average?

I would say it compared very nice.

What's the diversity at Steel Dynamics like?

I felt it was good.

What brings you the most joy at Steel Dynamics?

The really good people I Worked with.

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1.0
A zippia user wrote a review on Mar 2021
Pros of working at Steel Dynamics

Coworkers are great, upper management is a nightmare.

Cons of working at Steel Dynamics

New upper management is dishonest and does not care about the employees, they just want to make money.

Steel Dynamics Benefits

The wonderful customers.

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The team at Steel Dynamics

  • The founders of Steel Dynamics are Mark D. Millett, Keith E. Busse and Richard P. Teets.
  • The key people at Steel Dynamics are Mark D. Millett, Keith E. Busse and Richard P. Teets.
Key People
M
Mark D. Millett
K
Keith E. Busse
R
Richard P. Teets
The Inside Scoop
Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States. This trusted company offers highly engineered, high-quality steel products that are custom-designed for specific customers and applications. Stee...l Dynamics has a state-of-the-art facility in Fort Wayne, Indiana as well as in Pennsylvania and Mississippi
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Steel Dynamics Rankings

Steel Dynamics is ranked #64 on the Best Companies to Work For in Indiana list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Steel Dynamics salaries

9.0
Salary Score
The average a Steel Dynamics salary in the United States is $51,902 per year. Steel Dynamics employees in the top 10 percent can make over $72,000 per year, while Steel Dynamics employees at the bottom 10 percent earn less than $37,000 per year.
Average Steel Dynamics Salary
$51,902
yearly
$24.95 hourly
Updated March 14, 2024

And if you're looking for a job, here are the top jobs Steel Dynamics is hiring right now:

  1. Purchasing Manager
  2. Software Developer
  3. Assistant Project Manager
  4. Automation & Controls Engineer
  5. Information Technology Consultant

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Steel Dynamics diversity

9.5
Diversity Score
We calculated Steel Dynamics’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Steel Dynamics’s workforce.
Steel Dynamics diversity summary. Zippia estimates Steel Dynamics's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Steel Dynamics's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Steel Dynamics's workforce.
  • Steel Dynamics has 9,625 employees.
  • 21% of Steel Dynamics employees are women, while 79% are men.
  • The most common ethnicity at Steel Dynamics is White (70%).
  • 12% of Steel Dynamics employees are Black or African American.
  • 8% of Steel Dynamics employees are Hispanic or Latino.
  • The average employee at Steel Dynamics makes $51,902 per year.
  • Steel Dynamics employees are most likely to be members of the republican party.
  • Employees at Steel Dynamics stay with the company for 6.0 years on average.
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Steel Dynamics Office Locations

Steel Dynamics is headquartered in Fort Wayne, IN

Biggest Steel Dynamics Locations

Steel Dynamics Financial Performance

9.3
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Steel Dynamics currently has 22.3B in revenue. Steel Dynamics's most recent quarter produced 5.1b (q2'2023).

Steel Dynamics annual revenue

$22B
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Highest paying Steel Dynamics competitors

Compare Steel Dynamics salaries to competitors, including Reliance Steel & Aluminum Co, Nucor, and Koch Industries. Employees at Reliance Steel & Aluminum Co earn the highest average yearly salary of $77,794. The salaries at Nucor average $64,144 per year, and the salaries at Koch Industries come in at $61,443 per year.

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Zippia gives an in-depth look into the details of Steel Dynamics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Steel Dynamics. The employee data is based on information from people who have self-reported their past or current employments at Steel Dynamics. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Steel Dynamics. The data presented on this page does not represent the view of Steel Dynamics and its employees or that of Zippia.

Steel Dynamics may also be known as or be related to Steel Dynamics, Inc, Steel Dynamics, Inc., Steel Dynamics and Steel Dynamics Inc.