Steel Dynamics - 1792 Exchange

Corporate Bias Rating

Expand Summary

Risk Level:

Lower Risk

Summary:

Steel Dynamics does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Steel Dynamics does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

View Full Corporate Bias Ratings Report

Criteria

Risk Level

Rationale

Corporate Weaponization

Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level

Rationale

Steel Dynamics’ received a score of 10 on the 2025 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). Steel Dynamics has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level

Rationale

Steel Dynamics’ HRC 2025 CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). The company does not appear to discriminate against religious organizations based on views or beliefs (3).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level

Rationale

Steel Dynamic does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

Steel Dynamics has not supported ideological causes or policies (1).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

Steel Dynamics has not used corporate funds to advance ideological causes, organizations, or policies (1)(2).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level

N/A

Rationale

Steel Dynamics does not operate a PAC or engage in lobbying at this time (1)(2)(3).

Board Bias

Expand Summary

CEO of Steel Dynamics

Mark D. Millett

Summary:

Headquartered in Fort Wayne, Indiana, Steel Dynamics is a member of the Fortune 250 operating in the Materials industry. Mark D. Millett serves as CEO/President and Chairman, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $141,840 to Republican causes and $63,466 to Democratic causes. Under their tenure, Steel Dynamics currently holds a 'Lower Risk' risk rating.

View Full Board Bias Report

Political Contributions of Leadership:

$141,840

$63,466

Republican

Democrat