Steel Dynamics Announces New Term Loan Facility

Steel Dynamics, Inc.

announced today that it has expanded its senior secured credit facility by adding a $275.0 million term loan facility to its existing five year $1.1 billion revolving credit facility.  The new five year term loan matures September 30, 2016 and is guaranteed by certain of the Company's subsidiaries and is secured by substantially all of the Company's and said subsidiaries' accounts receivable and inventories.