# Who are Steel Dynamics, Inc.'s customers? Who does Steel Dynamics, Inc. earn revenue from?
Canonical: https://valuechain.wiki/steel-dynamics · Facet: customers · Updated: 2026-09-23T08:09:30.979878+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Steel Dynamics, Inc. discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 3 dated sources, 1 of them primary filings (as of 2026-09-23).

### 미국 비주거 건설 고객 (high)
- metric: Revenue share 8 percent · FY2025 · Steel fabrication operations serving nonresidential construction customers as a share of consolidated net sales
- note: New Millennium Building Systems supplies joists and deck to steel fabricators, contractors, developers, and related buyers. The segment represented 8% of FY2025 consolidated sales, with demand supported by data centers, manufacturing facilities, warehouses, and healthcare projects.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-27) https://www.sec.gov/Archives/edgar/data/1022671/000110465926021395/stld-20251231x10k.htm: "Steel fabrication operations accounted for 8% of consolidated net sales during 2025."
- [mentions] Kiwoom Securities Research Center (KO, research, published 2025-12-08) https://bbn.kiwoom.com/rfCC1269: "Data-center and manufacturing-facility construction tied to supply-chain realignment and infrastructure investment supports physical demand."

### 북미 자동차 제조업체 (high)
- note: Flat-roll and processed products serve the automotive market, and the new aluminum rolling operation has qualified hot-rolled coils for automotive applications. Revenue by individual automaker is not disclosed.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-27) https://www.sec.gov/Archives/edgar/data/1022671/000110465926021395/stld-20251231x10k.htm: "These products are used across a broad range of end markets, including construction, automotive, manufacturing, transportation."
- [mentions] International Council on Clean Transportation (EN, analysis, published 2024-09-17) https://theicct.org/wp-content/uploads/2024/09/ICCT-Green-Steel-Supply.pdf: "These estimates are based on supply chain data from Bloomberg L.P. (2024)."

Reverse side: https://valuechain.wiki/steel-dynamics/suppliers.md · Ripple: https://valuechain.wiki/steel-dynamics/ripple.md

---
Full node: https://valuechain.wiki/steel-dynamics.md · JSON: https://valuechain.wiki/steel-dynamics.json