Keith Busse - Steel Dynamics Co-Founder and Non-Executive Chairman

STLD Stock  USD 128.96  0.46  0.36%   

Chairman

Mr. Keith E. Busse is NonExecutive Chairman of the Board of the Company. Mr. Busse served as our Chief Executive Officer from inception through 2011. Mr. Busse also, from 1993 until May 2007, was our President, at which time he became Chairman and Chief Executive Officer. He grew the Company from 1.4 million tons of annual steelmaking capability to 7.4 million tons upon his retirement in 2011. He also initiated the Company fabrication and metals recycling platforms during that timeframe. Mr. Busse was named Steelmaker of the Year in 2005 by the Association of Iron and Steel Technology and was named by Business Week Magazine as one of the Top 10 entrepreneurs in the United States. He is a Undergraduate degree in accounting from International Business College, a degree in business finance from the University of St. Francis and a master degree in business administration from Indiana University. Mr. Busse brings to the Board strong leadership and industry experience having cofounded the Company. He brings an innovative and strategic steel industry perspective to our Board, providing unique insight and guidance having led our Company through significant growth during his 18 years of leadership as CEO. since 2012.
Age 80
Tenure 13 years
Address 7575 West Jefferson Boulevard, Fort Wayne, IN, United States, 46804
Phone260 969 3500
Webhttps://www.steeldynamics.com

Steel Dynamics Management Efficiency

The company has return on total asset (ROA) of 0.0909 % which means that it generated a profit of $0.0909 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.197 %, meaning that it created $0.197 on every $100 dollars invested by stockholders. Steel Dynamics' management efficiency ratios could be used to measure how well Steel Dynamics manages its routine affairs as well as how well it operates its assets and liabilities. At present, Steel Dynamics' Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Steel Dynamics' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 632.3 M, whereas Intangibles To Total Assets are forecasted to decline to 0.05.
Steel Dynamics currently holds 3.2 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Steel Dynamics has a current ratio of 3.6, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Steel Dynamics' use of debt, we should always consider it together with its cash and equity.

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Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana. Steel Dynamics operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 10640 people. Steel Dynamics (STLD) is traded on NASDAQ Exchange in USA. It is located in 7575 West Jefferson Boulevard, Fort Wayne, IN, United States, 46804 and employs 12,600 people. Steel Dynamics is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Steel Dynamics Leadership Team

Elected by the shareholders, the Steel Dynamics' board of directors comprises two types of representatives: Steel Dynamics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Steel. The board's role is to monitor Steel Dynamics' management team and ensure that shareholders' interests are well served. Steel Dynamics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Steel Dynamics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Glenn Pushis, Senior Vice President Long Products Steel Group
Richard Teets, Co-Founder and President of Steel Operations, COO of Steel Operations, Executive VP for Steelmaking and Executive Director
James Anderson, Senior Fabrication
Theresa Wagler, CFO, Chief Accounting Officer and Executive VP
Barry Schneider, Senior Vice President Flat Roll Steel Group
Keith Busse, Co-Founder and Non-Executive Chairman
Mark Millett, Co-Founder, CEO and President and Executive Director
Marlene Owen, Director of Investor Relations
Jeff Hansen, Vice Sustainability
Christopher Graham, President of New Millennium Building Systems and VP
Miguel Alvarez, Senior Vice President - Southwest U.S and Mexico

Steel Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Steel Dynamics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
9.84
Revenue Per Share
113.479
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0909
The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.