FORT WAYNE, INDIANA, July 6, 2011 – Steel Dynamics, Inc. (NASDAQ/GS: STLD) recently was named “Steel Producer of the Year” at the American Metal Market’s second annual Awards for Steel Excellence in New York City. Steel Dynamics was chosen for this prestigious award based on the company’s achievement of operational excellence, its industry-leading 2010 financial performance in steelmaking, and its continuing progress in the strategic development of its raw materials platforms.
“We truly value this recognition afforded us by industry and AMM leadership,” said Keith Busse, Chairman and CEO. “Everyone at SDI continually strives to excel and improve on past performance. This award is a measure of the respect we have received over time from our customers, suppliers, and other partners as a result of the hard work, dedication, and creativity of our 6,000 employees, who have long been the key to our success.”
“Steel Dynamics is a growth company, unique in American steel industry history. Since the production of our first steel coil 15 years ago, our focus has been not only to provide quality steel products to meet customer needs, but to also look ahead by developing and producing new products to fulfill customer requirements. At the same time, we have continued our emphasis on operational excellence and cost leadership. This formula has served us well. We look to the future with confidence that SDI is prepared to make a continuing strong contribution to the American steel industry,” Busse said.
Forward Looking Statements
Contact: Fred Warner, Investor Relations Manager (260) 969-3564 or fax (260) 969-3590 f.warner@steeldynamics.com
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