Steel Dynamics

STLD

Steel Dynamics, Inc., sometimes abbreviated as "SDI", is a steel producer based in Fort Wayne, Indiana. With a production capacity of 13 million tons, Steel Dynamics is the 3rd largest producer of carbon steel products in the United States. SDI is among the most profitable American steel companies in terms of profit margins and operating profit per ton.The company is ranked 264th on the Fortune 500.

Steel Dynamics has been a target of short sellers for a while. The current short interest of 2.73% is roughly at the average of the last 12 months (2.67%).