| SDI Announces Fourth Quarter Regular and Continued Special Cash Dividend |
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| FORT WAYNE, INDIANA, December 21, 2006 — Steel Dynamics, Inc.
(NASDAQ: STLD) today announced that its Board of Directors has approved
the continuation of a special cash dividend of $0.05 per common share to
be distributed in addition to the company’s regular quarterly cash
dividend of $0.10 per common share. Shareholders of record at the close
of business on January 2, 2007 will therefore receive a combined cash
dividend of $0.15 per common share payable on January 15, 2007. These
cash dividends pertain to shares of Steel Dynamics after the two-for-one
stock split effected on November 20, 2006
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| 12/21/2006 |