US858119BT62 · Corp · USDInvestment Grade · BBB

Steel Dynamics Inc 5.75% 2055/05

Steel Dynamics IncUnited StatesGLOBALSenior Unsecured
MID PRICE
98.07
par = 100
YIELD TO MAT.
5.89%
semi-annual
COUPON
5.750%
semi-annual · fixed
MATURITY
2055-05-15
bullet · 29.02y
OUTSTANDING
not disclosed
AS OF
2026-05-07

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

Steel Dynamics, Inc. (SDI) is an American steel producer based in Fort Wayne, Indiana. With a production capacity of 13 million tons of steel, the company is the third largest producer of carbon steel products in the United States. It is among the most profitable American steel companies in terms of profit margins and operating margin per ton. Based on its 2021 revenue, the company ranked 196th on the 2022 edition of the Fortune 500.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
13.51 y
1bp ↑ ≈ -0.135% P&L
Convexity
286.12
higher = more curvature
Years to maturity
29.02 y
YTM source
Ingested
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Vanguard Long-Term Corporate Bond
Vanguard
US Corporate Long$4.2M0.05%2026-03-31
Vanguard Total Bond Market
Vanguard
US Aggregate$3.9M0.00%2026-03-31
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$1.5M▼ $7K0.00%2026-05-07
Vanguard Long-Term Bond
Vanguard
US Aggregate Long$1.3M0.02%2026-03-31
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$610K▼ $4K0.00%2026-05-07
iShares Core Universal USD Bond
iShares
US Aggregate$398K▼ $2K0.00%2026-05-07
iShares 10+ Year Investment Grade Corporate Bond
iShares
US IG Corporate$313K▼ $2K0.01%2026-05-07
SPDR Portfolio Long Term Corporate Bond
SPDR
US IG Corporate Long$240K▲ $2K0.02%2026-05-05
SPDR Portfolio Corporate Bond
SPDR
US IG Corporate$98K▲ $7250.00%2026-05-05
iShares ESG Aware USD Corporate Bond
iShares
US ESG IG Corporate$96K▼ $4270.01%2026-05-07
iShares ESG Aware U.S. Aggregate Bond
iShares
US ESG Aggregate$55K▼ $2470.00%2026-05-07
iShares Core 10+ Year USD Bond
iShares
US Aggregate$40K▼ $1800.01%2026-05-07
iShares Interest Rate Hedged Long-Term Corporate Bond
iShares
US IG Corporate Hedged$19K▼ $1170.01%2026-05-07
iShares Interest Rate Hedged U.S. Aggregate Bond
iShares
US Aggregate$530.00%2026-05-07
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Price history

Sherpa Signal

AS OF 2026-05-07

Institutional footprint · signal-level holdings

58/ 100Active coverage
Interpretation. Moderate institutional footprint, with net accumulation
HOLDERS
14
▲ 3 signals in 7d
AGGREGATE EXPOSURE
$12.8M
USD across all
TOP CONCENTRATION
32.6%
largest holder
FLOW
▲ $473K
▲ 3 signals in 7d

Sherpa Signal is derived from a panel of tracked institutional portfolios. Names of individual holders are not disclosed.

100K PAR NOTIONAL · MARKET VALUE
98,070 USD
PRICE
98.07

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
STLD 5 3/4 05/15/55
FIGI
BBG01SRNXNV6
CUSIP
858119BT6
ISIN
US858119BT62
Type
Corp
Issued
2025-03-12
Face value
100 USD
Ticker
STLD 5.75 05/15/55
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

STLD · 8 PTS

Yield (%) plotted against years-to-maturity. This bond highlighted in amber.