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Steel Dynamics, Inc. is a leading industrial metals solutions company, with facilities located throughout the United States and Mexico. The company operates a circular manufacturing model, producing high-quality, lower-carbon-emission products with recycled scrap as the primary input. Steel Dynamics is one of the largest domestic steel producers and metalmetals recyclers in the United States, North America based on estimated steelmaking and steel coating capacity of approximately 16 million tons and actual metals recycling volumes as of December 31, 20242025, with one of the most diversified product and end market portfolios in the domestic steel industry, combined with a meaningful downstream steel fabrication operationsplatform. The company is currently investing in its also has aluminum operations to , further diversifydiversifying its end markets with plans product offerings to supply aluminum flat rolled products with highhigher recycled content to the countercyclical, sustainable beverage can industry, in addition toas well as the automotive and industrial sectors. Primary The company’s primary sources of revenue are currently derived from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joistsjoist and deck products.