CLOs on the Move

Steel Dynamics, Inc. (SDI) is the nation`s fifth largest producer of carbon steel products with 2009 annual revenues of $4.0 billion on steel shipments of 4.0 million tons. Based in Fort Wayne, Indiana, SDI employs about 6,000 and operates five electric-furnace mini-mills. Over half of the company`s steel shipments are flat-rolled steel and the remainder is "long products" (bars and beams) and fabricated products. SDI is among the most profitable American steel companies in terms of profit margins and operating profit per ton.