Steel Dynamics Sets First Quarter Cash Dividend

Steel Dynamics, Inc today announced its Board of Directors approved a first quarter cash dividend of $0.10 per common share, payable on April 14, 2005, to shareholders of record at the close of business on March 31, 2005.

Founded in 1993, Steel Dynamics is a leader in the domestic steel industry. The company owns and operates three steelmaking mini-mills and manufactures a wide range of steel products, including flat-rolled products, such as hot-rolled, cold-rolled and coated steels; wide-flange beams and h-piling; rail; and special-bar-quality round bars.

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