FORT WAYNE, Ind., Oct. 12 /PRNewswire-FirstCall/ -- Steel Dynamics, Inc. (Nasdaq: STLD) announces the following Webcast:
Steel Dynamics, Inc. Third Quarter 2010 Conference Call Webcast
October 19, 2010 @ 10:00 am Eastern
Live over the Internet -- Simply log on to the web at the address above.
If you are unable to participate during the live webcast, the call will be archived on the Web site www.steeldynamics.com.
Steel Dynamics is a growing mini-mill steelmaker and metals recycler based in Fort Wayne, Indiana. Net sales for 2009 were $4.0 billion and $3.2 billion for the first half of 2010. These results include OmniSource Corporation, a metals recycling company acquired in 2007.
SDI operates five electric-furnace mini-mills producing a wide range of carbon steel products. Flat-rolled steel, SDI's original steel product, accounted for 67 percent of the company's steel shipments in 2009, the remainder being "long products" (bars and beams). The company employs state-of-the-art technology in its modern, automated steelmaking operations, and achieves high productivity by rewarding employees with incentive-based compensation, stock options, and other benefits. SDI is among the most profitable American steel companies in terms of profit margins and operating profit per ton. In 2009 Steel Dynamics shipped 4.0 million tons of steel and has a production capacity of 7.3 million tons per year.
Upon acquiring OmniSource Corporation, Steel Dynamics became one of the nation's largest scrap metals processors. Fort Wayne-based OmniSource operates scrap collection and processing facilities at more than 70 locations across the eastern U.S., including shredders operating at 11 sites, and has become a major ferrous scrap supplier to SDI's Indiana steel mills.
SOURCE Steel Dynamics, Inc.