Steel Dynamics Inc., founded in 1993 and headquartered in Fort Wayne, Indiana, is a leading steel producer and metal recycler. The company is dedicated to providing high-quality steel products and services, primarily serving the automotive, construction, and energy sectors. Key offerings include flat-rolled steel, structural steel, and tons of recycled metal, set apart by their commitment to sustainability and innovation in the steel manufacturing process.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| STLD 1.65% 2027-10-15 USDSteel Dynamics Inc. | United States | 2027-10-15 | 1.650 | 4.05 |
| STLD 2.40% 2025-06-15 USDSteel Dynamics Inc. | United States | 2025-06-15 | 2.400 | 40.75 |
| STLD 3.25% 2031-01-15 USDSteel Dynamics Inc. | United States | 2031-01-15 | 3.250 | 4.35 |
| STLD 3.25% 2050-10-15 USDSteel Dynamics Inc. | United States | 2050-10-15 | 3.250 | 5.78 |
| STLD 3.45% 2030-04-15 USDSteel Dynamics Inc. | United States | 2030-04-15 | 3.450 | 4.29 |
| STLD 5.00% 2026-12-15 USDSteel Dynamics Inc. | United States | 2026-12-15 | 5.000 | 4.84 |
| STLD 5.00% 2026-12-15 USDSteel Dynamics Inc. | United States | 2026-12-15 | 5.000 | 4.90 |
| STLD 5.00% 2026-12-15 USDSteel Dynamics Inc. | United States | 2026-12-15 | 5.000 | 4.90 |
| STLD 5.25% 2035-05-15 USDSteel Dynamics Inc. | United States | 2035-05-15 | 5.250 | 4.91 |
| STLD 5.38% 2034-08-15 USDSteel Dynamics Inc. | United States | 2034-08-15 | 5.375 | 4.89 |
| STLD 5.75% 2055-05-15 USDSteel Dynamics Inc. | United States | 2055-05-15 | 5.750 | 5.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Steel Dynamics has actively engaged in the bond market since the early 2000s, with significant issuances that enhance its capital structure. Notable among these was a $500 million bond offering in 2021, which was utilized to refinance existing debt and fund expansion initiatives. Currently, Steel Dynamics' bonds yield slightly higher than the industry average, reflecting a robust financial position post-pandemic. Investors should note that some bonds include call features, providing added flexibility. Recent news includes the company's strategic focus on increasing production capacity, which could impact future bond performance.