Steel Dynamics announces offering of notes

Steel Dynamics Thursday announced today that it plans to sell approximately $300 million in aggregate principal amount of debt securities in a transaction exempt from the registration requirements of the Securities Act of 1933, subject to market and other conditions.  Steel Dynamics intends to use the net proceeds from the sale of these debt securities to repay amounts outstanding under its senior secured revolving credit facility and for general corporate purposes, including, without limitation, for debt repayment, capital expenditures, working capital and acquisitions.