Steel Dynamics Announces Global Steel Climate Council Certified Products

FORT WAYNE, Ind., July 1, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced each of the company's steel mills achieved Global Steel Climate Council (GSCC) product certification. The GSCC provides product certification, validating that these steel products are on the glidepath to achieve the goals of the Paris Climate Agreement's 1.5° C scenario.

The GSCC's Steel Climate Standard provides a single, technology neutral framework for product certification allowing steel customers transparency when making lower-carbon emissions steel product purchasing decisions. The Steel Climate Standard is aligned with the International Energy Agency's Net Zero by 2050: A Roadmap for the Global Energy Sector. The Steel Climate Standard measures key steelmaking greenhouse gas (GHG) emissions through hot rolling including Scope 1, Scope 2, and upstream Scope 3 emissions categories. Each of the company's steel mills 2024 GHG emissions intensity data were verified by a third-party, KERAMIDA, and certified by the GSCC.

"Steel is an integral component of the global economy and foundational to the world's essential infrastructure," said Mark D. Millett, Chairman and Chief Executive Officer. "The GSCC product certification is recognition that lower-embodied carbon steel products necessary for the transition to a lower-carbon global economy are available now. Steel Dynamics is already a leader in producing lower-embodied carbon steel products, and the GSCC product certification recognizes this achievement.

"In 2023, we accomplished our previously announced 2025 GHG emissions intensity and renewable electrical energy goals ahead of schedule. In 2024, we announced GSCC certified, science-based GHG emissions intensity targets for our steel mills. Today's announcement is another step demonstrating to the market that our steel mills' products are produced with lower carbon emissions. Even though our emissions intensity is already among the lowest in the industry, these achievements and our actionable path forward highlight our commitment to further reducing our carbon impact," concluded Millett. 

For additional information on our science-based GHG emissions intensity product certification visit our website at www.steeldynamics.com under "Sustainability – Sustainability Reporting."

About the Global Steel Climate Council

The Global Steel Climate Council (GSCC) is a non-profit organization committed to advancing a science-based, globally applicable standard for reducing steel emissions. By certifying corporate and product-level targets, GSCC empowers steel producers and buyers to drive measurable progress toward a low-carbon future.

For more information, visit: GlobalSteelClimateCouncil.org

About Steel Dynamics, Inc.

Steel Dynamics is a leading industrial metals solutions company, with facilities located throughout the United States, and in Mexico. The company operates using a circular manufacturing model, producing lower-carbon-emission, quality products with recycled scrap as the primary input. Steel Dynamics is one of the largest domestic steel producers and metal recyclers in North America, combined with a meaningful downstream steel fabrication platform. The company is also currently investing in aluminum operations to further diversify its product offerings, with plans to supply aluminum flat rolled products with high recycled content to the countercyclical sustainable beverage can industry, in addition to the automotive and industrial sectors.  Steel Dynamics is committed to operating with the highest integrity and to being the safest, most efficient producer of high-quality, broadly diversified, value-added metal products.

Forward-Looking Statements

This press release contains some predictive statements about future events, including statements related to conditions in domestic or global economies, conditions in steel, aluminum, and recycled metals market places, Steel Dynamics' revenues, costs of purchased materials, future profitability and earnings, and the operation of new, existing or planned facilities. These statements, which we generally precede or accompany by such typical conditional words as "anticipate", "intend", "believe", "estimate", "plan", "seek", "project", or "expect", or by the words "may", "will", or "should", are intended to be made as "forward-looking", subject to many risks and uncertainties, within the safe harbor protections of the Private Securities Litigation Reform Act of 1995. These statements speak only as of this date and are based upon information and assumptions, which we consider reasonable as of this date, concerning our businesses and the environments in which they operate. Such predictive statements are not guarantees of future performance, and we undertake no duty to update or revise any such statements. Some factors that could cause such forward-looking statements to turn out differently than anticipated include: (1) domestic and global economic factors; (2) global steelmaking overcapacity and imports of steel, together with increased scrap prices; (3) pandemics, epidemics, widespread illness or other health issues; (4) the cyclical nature of the steel industry and the industries we serve; (5) volatility and major fluctuations in prices and availability of scrap metal, scrap substitutes and supplies, and our potential inability to pass higher costs on to our customers; (6) cost and availability of electricity, natural gas, oil, and other energy resources are subject to volatile market conditions; (7) increased environmental, greenhouse gas emissions and sustainability considerations from our customers and investors or related regulations; (8) compliance with and changes in environmental and remediation requirements; (9) significant price and other forms of competition from other steel and aluminum producers, scrap processors and alternative materials; (10) availability of an adequate source of supply of scrap for our metals recycling operations; (11) cybersecurity threats and risks to the security of our sensitive data and information technology; (12) the implementation of our growth strategy; (13) our ability to retain, develop, and attract key personnel; (14) litigation and legal compliance; (15) unexpected equipment downtime or shutdowns; (16) governmental agencies may refuse to grant or renew some of our licenses and permits; (17) our senior unsecured credit facility contains, and any future financing agreements may contain, restrictive covenants that may limit our flexibility; and (18) the impacts of impairment charges.

More specifically, we refer you to our more detailed explanation of these and other factors and risks that may cause such predictive statements to turn out differently, as set forth in our most recent Annual Report on Form 10-K under the headings Special Note Regarding Forward-Looking Statements and Risk Factors, in our Quarterly Reports on Form 10-Q, or in other reports which we file with the Securities and Exchange Commission. These reports are available publicly on the Securities and Exchange Commission website, www.sec.gov, and on our website, www.steeldynamics.com under "Investors – SEC Filings."

SOURCE Steel Dynamics, Inc.