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STLD

Steel Dynamics, Inc.

Sector: miningSteelNASDAQMarket Cap: $28.24B

Steel Dynamics, Inc. (STLD) is a steel producer and metals recycler with minimal direct political exposure, evidenced by zero federal contracts, zero lobbying spend, and only four congressional trades in the last year.

Govt Dependence
0/100
Regulatory Density
65/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat STLD does

Steel Dynamics, Inc. operates steel mills and metal recycling facilities, producing hot-rolled, cold-rolled, and coated steel products. Its revenue is derived from the sale of finished steel and the processing of ferrous and non-ferrous scrap metal. The company's business model is tied to industrial and construction demand cycles.

12 months past · 3 months futureSTLD activity timeline

$236$177$118 JunJulAugSepOctNovDecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $229.27 hi $121.36 lo $229.27 CONGRESS 26 INSIDERS 0 13F FUNDS 30 BILLS 29 Gilbert Ray Cisneros (D) · Purchase · 2026-01-09John Fetterman (D) · Sale · 2025-12-22Ro Khanna (D) · sale · 2025-08-04Ro Khanna (D) · Sale · 2025-08-04 Citadel Advisors · OPENED $52M · 2025-09-30Citadel Advisors · OPENED $35M · 2025-06-30Citadel Advisors · OPENED $31M · 2025-12-31Bridgewater Associates · OPENED $3M · 2025-06-30D.E. Shaw & Co. · OPENED $3M · 2025-09-30D.E. Shaw & Co. · OPENED $2M · 2025-06-30D.E. Shaw & Co. · OPENED $1M · 2025-12-31 HR.42 · enacted · 2025-07-07HR.1501 · markup · 2026-04-21HR.1555 · committee · 2026-03-25S.451 · committee · 2025-12-02HR.280 · committee · 2025-09-03HR.931 · committee · 2025-05-20 MARKUP · Senate Environment and Public Works Subcommittee on Clean Ai · 2026-05-20MARKUP · · 2026-05-20MARKUP · House Natural Resources Subcommittee on Federal Lands · 2026-05-21MARKUP · House Natural Resources Subcommittee on Indian and Insular A · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
240 trading days · 4 congressional trades shown · 0 insider buys · 7 13F filings · 6 past bill actions · 4 upcoming markups

Lifetime Government AwardsSTLD federal contracts

STLD doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding STLD

$540.8M
Total STLD held by tracked 13F funds
30
Funds with STLD positions
+30
Funds opened this quarter
Bridgewater Associates $59M opened 2025-03-31
Citadel Advisors $52M opened 2025-09-30
Citadel Advisors $50M opened 2024-06-30
Citadel Advisors $43M opened 2025-03-31
Citadel Advisors $37M opened 2024-09-30
Citadel Advisors $35M opened 2025-06-30
Citadel Advisors $33M opened 2024-03-31
Citadel Advisors $32M opened 2024-12-31
22 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading STLDMembers of Congress with recent STLD positions

3 politicians traded STLD across 18 disclosed transactions totaling $327K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just STLD). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading STLD

2026-01-09 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2025-12-22 John Fetterman D-Pennsylvania · senate Sale $1,001 - $15,000
2025-08-04 Ro Khanna D-California · house sale $1,001 - $15,000
2025-08-04 Ro Khanna D-California · house Sale $1,001 - $15,000
2025-04-25 Ro Khanna D-California · house Sale $1,001 - $15,000
2025-04-25 Ro Khanna D-California · house sale $1,001 - $15,000
2025-03-12 Ro Khanna D-California · house Sale $1,001 - $15,000
2025-03-12 Ro Khanna D-California · house sale $1,001 - $15,000
2025-03-06 Ro Khanna D-California · house purchase $1,001 - $15,000
2025-03-06 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-02-25 Ro Khanna D-California · house purchase $1,001 - $15,000
2025-02-25 Ro Khanna D-California · house Purchase $1,001 - $15,000
26+ trades on file · most recent 2026-02-13

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Stock awards & option exercises

40
stock awards · $9.2M market value
2026-04-10 Shaheen Gabriel Director AWARD 157 sh $30K
2026-04-10 Seaman Bradley S Director AWARD 129 sh $25K
2026-04-10 DOLAN TRACI M Director AWARD 120 sh $23K
2026-04-10 BARGABOS SHEREE L Director AWARD 58 sh $11K
2026-04-10 Hamann Jennifer L Director AWARD 16 sh $3K
2026-04-10 Sierra Luis Manuel Director AWARD 12 sh $2K
2026-04-10 TEETS RICHARD P JR Director AWARD 9 sh $2K
2026-04-10 Cornew Kenneth W. Director AWARD 5 sh $953
For STLD, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Bills Affecting STLDLive legislation impacting this stock

Political ProfileWhere STLD sits in Washington

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STRUCTURAL: No lobbying spend (`get_political_influence.lobbying.total_income: 0`), no federal contracts (`get_government_precedent.federal_contracts_summary: null`), and no corporate insider buys (`Recent corp insider Form 4 buys` is empty). EVIDENTIARY: Low congressional trading volume (4 trades in 12 months) with a net of 1 buy vs. 3 sales. Net: Minimal direct political engagement offsets low but negative congressional trading sentiment.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Broad sectoral regulatory exposure from multiple pending mining bills.
    Multiple (Congress)
    "`Recent bill_impacts` lists 8 bills with sector 'mining' and non-zero impact_ratios."

Regulatory opportunities

  • Potential revenue tailwind from sector-specific legislation.
    Multiple (Congress)
    "`Recent bill_impacts` shows 8 bills with positive estimated revenue impacts, ranging from $6.15M to $8M."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

Member intelligence layer

Live signals + predictions for STLD — for Founders

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Frequently AskedAbout STLD & political exposure

Does Steel Dynamics, Inc. (STLD) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Steel Dynamics, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded STLD stock?
26 congressional trades by 4 unique members of Congress, most recently on 2026-01-09. See the Congressional Trading panel for politician-by-politician breakdown.
What is STLD political risk profile?
Government dependence: 0/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track STLD political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. STLD data is updated daily from these official federal sources.