Steel Dynamics, Inc. announced On March 25, 2026, each of Richard P. Teets, Jr. and Gabriel L. Shaheen, members of the Board of Directors (the ?Board?) of Steel Dynamics, Inc. (the ?Company?), informed the Board of his respective intention to retire from the Board at the end of the current term and not stand for reelection effective as of the Company?s 2026 Annual Meeting of Shareholders taking place on May 6, 2026.
Steel Dynamics, Inc. specializes in the manufacturing and marketing of carbon steel products. Net sales break down by activity as follows:
- sale of steel products (62.3%): hot and cold rolled flat steel products, coated plates, beams, long commercial steels, rails, special profiles, etc.;
- processing and recycling of steel and metal scrap (20.6%);
- production of steel components for the non-residential construction industry (8.8%): frames, beams, joists, pilings, etc.;
- sale of flat-rolled products made from recycled aluminium (1.6%);
- other (6.7%).
The United States accounts for 91.6% of net sales.
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