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STEEL DYNAMICS INC Director's Dealing 2010

Feb 4, 2010

30310_dirs_2010-02-04_8c0941ba-9951-48b2-aa16-1efad8a96de0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEEL DYNAMICS INC (STLD)
CIK: 0001022671
Period of Report: 2010-02-02

Reporting Person: BUSSE KEITH E (Director, Chairman and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-02 Common Stock F 11837 $15.18 Disposed 1077957 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 600000 Indirect

Footnotes

F1: Payment of withholding tax liability by issuer's withholding of securities incident to the reporting person's receipt or vesting of a security in accordance with Rule 16b-3.

F2: Reflects adjustment of aggregate share total carried over from Column 5 of Reporting Person's "Direct" ownership total in his prior Form 4 Report, to correct for beneficial ownership of both vested and unvested shares.

F3: Shares Reporting Person contributed to and which are held by the Busse Family Investment Company, LLC, formed April 12, 2007. Reporting Person holds neither sole nor shared voting or investment power over such shares, such authority lodged exclusively in a board of managers which does not include the Reporting Person. Reporting Person disclaims all beneficial interest in such shares.