Exhibit 99.1
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6714 Pointe Inverness Way, Suite 200 | |
| Fort Wayne, IN 46804-7932 |
| 260.459.3553 Phone |
| 260.969.3590 Fax |
| www.steeldynamics.com |
Steel Dynamics Sets Fourth Quarter Cash Dividend
FORT WAYNE, INDIANA, December 27, 2005 – Steel Dynamics, Inc. – (NASDAQ: STLD) today announced its Board of Directors approved a fourth quarter cash dividend of $0.10 per common share, payable on January 13, 2006, to shareholders of record at the close of business on December 30, 2005.
Founded in 1993, Steel Dynamics operates three steelmaking mini-mills which produce a wide range of steel products, including flat-rolled products, such as hot-rolled, cold-rolled and coated steels; wide-flange beams and H-piling; rail; and special-bar-quality round bars. The company also produces joist and decking products for the non-residential construction markets in two fabrication facilities.
Contact: Fred Warner, Investor Relations Manager, (260) 969-3564 or fax (260) 969-3590
f.warner@steeldynamics.com