Steel Dynamics Honored with 2025 Volkswagen Group Award for Sustainability

Rhea-AI Summary

Steel Dynamics (NASDAQ:STLD) has received a prestigious Volkswagen Group Award for Sustainability, recognizing the company's leadership in sustainable practices. The award specifically acknowledges STLD's achievements in low-carbon steel production and circular economy initiatives.

The recognition came as part of Volkswagen Group's supplier awards program, which honors exceptional performance across 10 strategic categories. Chairman and CEO Mark D. Millett highlighted the company's commitment to efficiency, material conservation, and recycling as key factors in winning this recognition.

Positive

• Recognition from major automotive manufacturer Volkswagen Group for sustainability leadership
• Strategic supplier relationship with Volkswagen Group
• Demonstrated success in low-carbon steel production and circular economy practices

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• None.

FORT WAYNE, Ind., July 7, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced today that Volkswagen Group recognized Steel Dynamics with a Volkswagen Group Award for Sustainability. Steel Dynamics was recognized for its proactive sustainability efforts, including low-carbon steel production and circular economy practices.

"We value the long-term collaboration with Volkswagen Group and are proud to be recognized for our sustainability leadership," said Mark D. Millett, Chairman and Chief Executive Officer. "Our culture encourages our teams to create innovative solutions to increase efficiencies and promote material conservation and recycling. This recognition is due to our team's extraordinary drive, innovation and commitment to excellence."

The Volkswagen Group Awards recognized outstanding performance and long-term collaboration within their supplier network across 10 strategic categories.

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.

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SOURCE Steel Dynamics, Inc.

FAQ

What award did Steel Dynamics (STLD) receive from Volkswagen Group in 2025?

Steel Dynamics received the Volkswagen Group Award for Sustainability in recognition of its low-carbon steel production and circular economy practices.

Why was Steel Dynamics awarded by Volkswagen Group in 2025?

Steel Dynamics was awarded for its proactive sustainability efforts, including low-carbon steel production methods and circular economy practices in their operations.

What sustainability initiatives led to Steel Dynamics (STLD) winning the Volkswagen award?

Steel Dynamics won the award through its low-carbon steel production methods, material conservation practices, recycling initiatives, and overall commitment to circular economy principles.

Who presented the sustainability award to Steel Dynamics in 2025?

The award was presented by Volkswagen Group as part of their supplier recognition program that honors outstanding performance across 10 strategic categories.