| Steel Dynamics Sets Second Quarter Cash Dividend |
| FORT WAYNE, INDIANA, June 24, 2005 — Steel Dynamics, Inc. (NASDAQ: STLD)
today announced its Board of Directors approved a second quarter cash
dividend of $0.10 per common share, payable on July 12, 2005, to
shareholders of record at the close of business on June 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 |
| 6/24/2005 |