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Steel Dynamics Inc

Common Name
Steel Dynamics
Country
United States
Sector
Basic Materials
Industry
Steel
Employees
14,400
Ticker
STLD
Exchange
Nasdaq
Description
Steel Dynamics Inc. is a U.S.-based steel producer and metal recycler headquartered in Fort Wayne, Indiana. The company operates through four primary segments: steel operations, metals recycling opera...

Steel Dynamics's GHG Emissions Data Preview

In 2025, Steel Dynamics completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Steel Dynamics has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
1,947,698a
2,847,438b
2,750,371b
Total Scope 2
Market-Based
N/A
1,474,749b
2,314,679b
Location-Based
N/A
3,166,637b
3,407,925b
Unspecified Calculation Method
3,112,646a
N/AN/A
Total Scope 3
5,229,609a
6,355,224b
6,360,124b
Total Scope 1 Revenue Intensity (tCO2e/$M)
107.1543a
162.3361b
146.3328b
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Verified Sources Behind Steel Dynamics’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Steel Dynamics's Verification report 2025
b. Steel Dynamics's CDP Climate sourced from company’s website 2025

Insights into Steel Dynamics's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Steel Dynamics amounted to 5,060,344 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Steel Dynamics decreased by 15.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Steel Dynamics's Scope 1 Emissions Over Time

20192020202120222023202420250750 k1.5 M2.25 M3 MtCO2e+35%+5%+9%+1%+4%-32%
  • Total Scope 1
  • Year-over-Year Change

What are Steel Dynamics's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Steel Dynamics were 1,947,698 metric tons of CO₂ equivalent (tCO₂e).a

Has Steel Dynamics reduced its Scope 1 emissions over time?

Since 2019, Steel Dynamics's Scope 1 emissions have increased by 10.76%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Steel Dynamics's Scope 1 emissions decreased by 31.6%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Steel Dynamics's Scope 2 emissions?

In 2025, Steel Dynamics reported Scope 2 greenhouse gas (GHG) emissions of 3,112,646 tCO₂e without specifying the calculation method.a

What methodology does Steel Dynamics use for Scope 2 reporting?

In 2025, Steel Dynamics reported its Scope 2 emissions using an unspecified methodology.a

Steel Dynamics's Scope 2 Emissions Over Time

20192020202120222023202420250900 k1.8 M2.7 M3.6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Steel Dynamics's Value Chain Emissions

In 2025, Steel Dynamics reported 5,229,609 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Steel Dynamics includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 4 in 2024, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Steel Dynamics's Scope 3 Emissions Over Time

2021202220232024202502 M4 M6 M8 MtCO2e+66%+9%0%-18%
  • Total Scope 3
  • Year-over-Year Change

What are Steel Dynamics's Scope 3 emissions?

In 2025, Steel Dynamics reported total Scope 3 emissions of 5,229,609 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2024), Steel Dynamics's Scope 3 emissions decreased by 17.71%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

Insights into Steel Dynamics’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Steel Dynamics reported Scope 1 greenhouse gas (GHG) emissions of 1,947,698 tCO₂e and total revenues of USD 18,177 millions. This translates into an emissions intensity of 107.15 tCO₂e per millions USD.a

Steel Dynamics's Scope 1 Emissions Intensity Compared to Peers

10,000100,0002,000,00020,000,000500,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Maanshan Iron & SteelYear: 2024Scope 1: 34,118,400 tCO2eRevenue: $M 11,211Scope 1 Intensity: 3,043.38 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MSalzgitterYear: 2025Scope 1: 9,364,000 tCO2eRevenue: $M 10,559Scope 1 Intensity: 886.83 tCO2e/$MNovolipetsk SteelYear: 2024Scope 1: 29,578,000 tCO2eRevenue: $M 8,612Scope 1 Intensity: 3,434.59 tCO2e/$MKobe SteelYear: 2024Scope 1: 14,200,000 tCO2eRevenue: $M 16,793Scope 1 Intensity: 845.59 tCO2e/$MBeijing ShougangYear: 2024Scope 1: 41,644,387 tCO2eRevenue: $M 14,841Scope 1 Intensity: 2,806.04 tCO2e/$MvoestalpineYear: 2025Scope 1: 12,100,000 tCO2eRevenue: $M 17,041Scope 1 Intensity: 710.06 tCO2e/$MSteel Authority of IndiaYear: 2025Scope 1: 52,178,648 tCO2eRevenue: $M 11,994Scope 1 Intensity: 4,350.34 tCO2e/$MJFE HoldingsYear: 2024Scope 1: 44,000,000 tCO2eRevenue: $M 34,170Scope 1 Intensity: 1,287.70 tCO2e/$MSSABYear: 2025Scope 1: 9,839,000 tCO2eRevenue: $M 10,461Scope 1 Intensity: 940.54 tCO2e/$MGerdauYear: 2024Scope 1: 9,176,394 tCO2eRevenue: $M 10,849Scope 1 Intensity: 845.80 tCO2e/$MTerniumYear: 2024Scope 1: 16,200,000 tCO2eRevenue: $M 17,649Scope 1 Intensity: 917.90 tCO2e/$MChina SteelYear: 2024Scope 1: 27,213,835 tCO2eRevenue: $M 11,005Scope 1 Intensity: 2,472.76 tCO2e/$MCITIC Pacific Special SteelYear: 2024Scope 1: 32,589,133 tCO2eRevenue: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$MBlueScope SteelYear: 2024Scope 1: 8,500,000 tCO2eRevenue: $M 11,345Scope 1 Intensity: 749.21 tCO2e/$MTata SteelYear: 2025Scope 1: 78,000,000 tCO2eRevenue: $M 25,379Scope 1 Intensity: 3,073.41 tCO2e/$MJSW SteelYear: 2025Scope 1: 53,100,752 tCO2eRevenue: $M 19,496Scope 1 Intensity: 2,723.68 tCO2e/$MMetallusYear: 2023Scope 1: 315,000 tCO2eRevenue: $M 1,362Scope 1 Intensity: 231.21 tCO2e/$MWorthington SteelYear: 2025Scope 1: 97,988 tCO2eRevenue: $M 3,093Scope 1 Intensity: 31.68 tCO2e/$MCommercial MetalsYear: 2024Scope 1: 1,038,806 tCO2eRevenue: $M 7,926Scope 1 Intensity: 131.06 tCO2e/$MNucorYear: 2025Scope 1: 6,600,000 tCO2eRevenue: $M 32,494Scope 1 Intensity: 203.11 tCO2e/$MCleveland-CliffsYear: 2024Scope 1: 26,200,000 tCO2eRevenue: $M 19,185Scope 1 Intensity: 1,365.65 tCO2e/$MUnited States SteelYear: 2024Scope 1: 22,830,000 tCO2eRevenue: $M 15,640Scope 1 Intensity: 1,459.72 tCO2e/$MRelianceYear: 2024Scope 1: 186,000 tCO2eRevenue: $M 13,835Scope 1 Intensity: 13.44 tCO2e/$MSteel DynamicsYear: 2025Scope 1: 1,947,698 tCO2eRevenue: $M 18,177Scope 1 Intensity: 107.15 tCO2e/$M

How does Steel Dynamics's GHG emissions intensity compare to its peers?

In 2025, Steel Dynamics reported a Scope 1 emissions intensity of 107.15 tCO₂e per millions USD. Compared to the peer group median of 1,114.12, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Steel Dynamics rank on GHG emissions intensity within its industry?

In 2025, Steel Dynamics ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Steel Dynamics among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Steel Dynamics's Total Carbon Footprint

In 2025, Steel Dynamics reported a total carbon footprint of 10,289,953 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.81% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Steel Dynamics's total carbon footprint was Scope 3 emissions, accounting for 50.82% of the company's total carbon footprint, followed by Scope 2 emissions at 30.25%.a

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