Steel Dynamics

Founded in 1993, Steel Dynamics, Inc. is one of the largest steel producers and metals recyclers in the United States. The company operates scrap-based steel minimills with an annual production capacity of approximately 16 million tons. It has manufacturing facilities across the country, including six steel mills, eight processing facilities, and over 90 recycling locations. Steel Dynamics generates most of its revenue from steel operations, which encompass the production of high-quality sheet and long products used in various sectors such as automotive, construction, and manufacturing. Its metals recycling subsidiary, OmniSource Corporation, processes and markets ferrous and nonferrous scrap metal, providing services to industrial manufacturers in North America and Mexico. Additionally, the company’s fabrication operation, New Millennium Building Systems, produces essential building components such as trusses and steel decking. Steel Dynamics serves a diverse customer base, including steel fabricators, construction contractors, and government entities. The company's strategic acquisitions, such as the purchase of a steel mill in Columbus, Mississippi, have significantly enhanced its production capacity and market presence.

Bradley Seaman

Board Member

10 past transactions

Roca Acero

Acquisition in 2022
Roca Acero is a company that specializes in transportation, logistics, and supply chain services, with a strong focus on scrap metal recycling. It caters to various industries by providing comprehensive services for the collection, purchase, disposal, and processing of a diverse range of waste materials, including ferrous and nonferrous metals, cardboard, wood, paper, plastic, and hazardous waste. By offering these services, Roca Acero aims to assist clients in improving their operational efficiency, safety, and environmental hygiene.

New Process Steel

Corporate Round in 2021
New Process Steel is a leading manufacturer and supplier of metals and steel products based in Houston, Texas. The company specializes in a wide range of metal fabrication services, including the production of CNC turret presses, laser profilers, and press brakes. It utilizes various processes such as slitting, blanking, leveling, stamping, and roll forming to create high-quality sheet metal and carbon steel products. As a prominent player in the North American market, New Process Steel is recognized for its comprehensive supply chain solutions and commitment to manufacturing excellence.

Modumetal

Venture Round in 2019
Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.

United Steel Supply

Acquisition in 2019
United Steel Supply, LLC, established in 2007 and headquartered in Austin, Texas, is a subsidiary of Steel Dynamics, Inc., as of March 1, 2019. The company specializes in distributing Galvalume® flat roll steel products, primarily used for roofing and siding applications across agriculture, residential, commercial construction, industrial markets in the U.S. and internationally. United Steel Supply focuses on just-in-time inventory management, transportation, slitting services, offering galvanized, prepainted, and digitally printed patterned steel coils to maximize production efficiency, material quality, and yield for its customers.

Kentucky Electric Steel

Acquisition in 2018
Kentucky Electric Steel operates a steel mini-mill near Ashland, Kentucky. The company manufactures special bar quality (SBQ) alloy and carbon steel bar flats to precise customer specifications for sale in a variety of niche markets. It manufactures approximately 2,600 different bar flat items, which are sold to leaf-spring suspension market for light and heavy-duty trucks, mini-vans and utility vehicles, cold drawn bar converters, certain specialty applications for steel service centers, truck trailer manufacturers, and other miscellaneous markets.

Vulcan Threaded Products

Acquisition in 2016
Vulcan Threaded Products, Inc. ("Vulcan"). Established in 1978, Vulcan is based outside of Birmingham, Alabama and is the nation's largest manufacturer and supplier of threaded rod products, and also produces cold drawn and heat treated bar.

Consolidated Training Systems

Acquisition in 2015
Consolidated Training Systems, established in 1991, specializes in maritime and offshore training services. Based in Pasay, Philippines, the company offers a range of courses, including OPITO, STCW, GWO, safety, and emergency training. With over three decades of industry experience, they provide shuttle services and free parking for attendees, ensuring convenience and accessibility. The company also caters to specific client needs by offering custom course options. In response to the COVID-19 pandemic, Consolidated Training Systems has implemented stringent safety guidelines to protect both students and staff.

Severstal

Acquisition in 2014
Severstal is a vertically integrated steel and mining company based in Russia, comprising two primary divisions: Severstal Resources and Severstal Russian Steel. Its flagship asset is the Cherepovets steel mill, strategically located near its mining operations and key transportation routes, including the Baltic ports. The company specializes in producing a variety of materials such as iron ore pellets, iron ore concentrates, crushed stones, and coking coal, which serve multiple industries including construction, oil and gas, machinery, and automotive. Severstal also operates in North America, where its subsidiary, Severstal North America, has established itself as a significant player in the steel market, receiving accolades for its excellence in production.

OmniSource Corporation

Acquisition in 2007
OmniSource Corporation, founded over 65 years ago in Fort Wayne, Indiana, has become one of North America's largest processors and distributors of scrap and secondary metals. The company specializes in the collection, processing, and resale of a diverse range of scrap metal, including both ferrous and non-ferrous materials. In 2010, OmniSource shipped over 5.2 million gross tons of recycled steel and 961 million pounds of nonferrous scrap. Its primary facilities are located in the Midwest, Southeast, and mid-Atlantic regions, but the company operates across North America with a robust fleet of trucks, containers, railcars, and barges for metal collection and transportation. OmniSource also partners with industrial scrap generators to acquire metals and offers customized recycling programs for manufacturing companies. Additionally, its national brokerage and trading operations provide valuable market insights to optimize transactions for both buyers and sellers. Acquired by Steel Dynamics, Inc. in 2007, OmniSource operates as a wholly owned subsidiary, continually seeking to expand its geographical footprint and enhance its service offerings.

Roanoke Electric Steel

Acquisition in 2005
Roanoke Electric Steel Corporation, based in Roanoke, Virginia, specializes in the manufacturing, fabricating, and marketing of a wide range of merchant steel products. The company produces items such as angles, rounds, flats, channels, beams, and billets, serving various sectors including steel service centers, fabricators, and original equipment manufacturers. Roanoke Electric Steel operates a state-of-the-art steel mini-mill that processes scrap steel using electric furnaces, continuously casting molten steel into billets. These billets are then rolled into various steel products, with excess production sold to other mills lacking melting facilities. Through its subsidiaries, Roanoke Electric Steel not only supplies components but also purchases finished products, ensuring a comprehensive operation within the steel manufacturing industry.
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