When was Steel Dynamics founded?

Steel Dynamics was founded in 1993.

Where is Steel Dynamics located?

Steel Dynamics is headquartered in Cowpens, United States.

Who is the current CEO of Steel Dynamics?

Mark Millett of Steel Dynamics.

How many employees does Steel Dynamics have?

As of Mar 31, 2026, the latest employee count at Steel Dynamics is 4274.

Is Steel Dynamics a funded company?

Steel Dynamics is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round.

When was the latest funding round of Steel Dynamics?

Steel Dynamics' latest funding was a $***** Conventional Debt round, with participation from 0 investor.

What is the annual revenue of Steel Dynamics?

Annual revenue of Steel Dynamics is more than $1B as on Dec 31, 2025

Where does Steel Dynamics rank among its competitors?

Steel Dynamics ranks 15th amongst 944 active competitors, of which 11 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Cleveland-Cliffs, which secured $1.8M in Dec, 2025.

Who are the top competitors of Steel Dynamics?

Steel Dynamics' top competitors include Tata Steel, Jindal Stainless and Gerdau. Among them, Cleveland-Cliffs secured the most recent funding round in December, 2025.

Steel Dynamics - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Steel Dynamics is domestic steel producers and metal recyclers. Their steel products include flat roll, merchant bar, rail, liquid pig iron, threaded rod, and processed copper. The company has operations in Indiana. In 2022, the company recorded annual revenues of $21.58B and a net profit of $3.4B.

Key Metrics

Founded Year

1993

Location

Cowpens, United States

Stage

Public

Latest Funding Round

Conventional Debt, $*****

Investors

FS Investors & 5 more

Ranked

15^th among 944 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

4,274 as on Mar 31, 2026

Investment & Acquisitions

Roca Acero & 10 more

Similar Companies

Tata Steel & 955 more

Exit Details

Public

View Steel Dynamics' full profile

Steel Dynamics is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
STEEL DYNAMICS INC CIN: 1022671 , United States, Active	Jun 05, 1994	$1B+ (As on Dec 31, 2025)	-	-
Steel Dynamics CIN: 1022671 , Belgium, Active		-	-	-

Steel Dynamics got listed on Nov 21, 1996.

Click here to take a look at Steel Dynamics's IPO in detail

Steel Dynamics has raised funding over 1 round. Steel Dynamics has 6 institutional investors.

View details of Steel Dynamics's funding rounds and investors

Steel Dynamics' employee count trend

Steel Dynamics has 4,274 employees as of Mar 26. Here is Steel Dynamics's employee count trend over the years:

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Top competitors of Steel Dynamics include Tata Steel, Jindal Stainless and Gerdau. Here is the list of Top 10 competitors of Steel Dynamics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tata Steel 1907, Jamshedpur (India), Public	Manufacturer of steel and related metal products	-	Gov, SBI & 9 others	67/100
2nd	Jindal Stainless 1970, Delhi (India), Acquired	Manufacturer and distributor recyclability of stainless steel products	-	L & T Finance Holdings, Kotak Investment Advisors	65/100
3rd	Gerdau 1901, Porto Alegre (Brazil), Funding Raised	Manufacturer of steel products	-	Banco de Chile & 3 others	65/100
4th	Nucor 1955, Charleston (United States), Public	Manufacturer of steel products	-	Jindal ventures, Midwest Mezzanine Funds	65/100
5th	Voestalpine 1851, Linz (Austria), Acquired	Steel-based technology and capital goods group	-	Economy And Finance, Austria Wirtschaftsservice ... & 3 others	65/100
6th	Danieli 1914, Buttrio (Italy), Public	Manufacturer of steel & aluminum products	-	Europa	63/100
7th	Goodluck India 1986, Ghaziabad (India), Public	Manufacturer of steel and metal products	-	-	61/100
8th	Nippon Steel 1950, Chiyoda City (Japan), Acquired	Manufacturer and supplier of steel bars, plates & pipes	-	-	60/100
9th	Cleveland-Cliffs 1847, Cleveland (United States), Public	Iron ore producer of pellets	-	OSTI, FEMA	58/100
10th	Outokumpu 1932, Helsinki (Finland), Public	Produces stainless steel products	-	Taaleri, Norvestia & 1 others	58/100
15th	Steel Dynamics 1993, Cowpens (United States), Public	Domestic steel producers and metal recyclers	-	FS Investors, VantEdge Partners & 4 others	62/100

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Steel Dynamics has made 3 investments in companies including Aymium and New Process Steel. Steel Dynamics has also acquired 8 companies including Roca Acero and Zimmer.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 16, 2022	Acquisition	Roca Acero	1988	Nuevo Leon (Mexico)
Mar 01, 2022	Investments	Aymium	2012	Oakdale (United States)
Jan 31, 2022	Investments	New Process Steel	1906	Dallas (United States)