# If Steel Dynamics, Inc. moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/steel-dynamics · Facet: ripple · Updated: 2026-09-23T08:09:30.979878+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Steel Dynamics, Inc. is directly linked to 2 companies (2 supply, 0 revenue relationships) and reaches 3 companies within two hops; the links are backed by 6 dated sources, 1 of them primary filings (as of 2026-09-23).

Steel Dynamics, Inc. operates across EAF metals producer. It is up +43.6% in 2026. The stock (+43.6%) and its supply side (avg +29.4%) are moving in step. Among connected nodes the furthest ahead is CSX Corporation (+37.5%) and the furthest behind is Air Liquide (+21.3%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Scrap, industrial gases, energy, and rail logistics are key inputs, and demand from manufacturing, automotive, and construction markets drives revenue.

## Supply chain (benefiting)
- T1 Air Liquide (https://valuechain.wiki/air-liquide.md)
- T1 CSX Corporation (https://valuechain.wiki/csx.md)
- T2 Wabtec Corporation (https://valuechain.wiki/wabtec.md)

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