Prepared and filed by St Ives Burrups

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): October 26, 2004

STEEL DYNAMICS, INC.
(Exact name of registrant as specified in its charter)

Indiana 0-21719 35-1929476
(State or other jurisdiction of
incorporation or organization)
(Commission File Number) (IRS Employer Identification No.)
     

6714 Pointe Inverness Way, Suite 200, Fort Wayne, Indiana 46804
(Address of principal executive officers) (Zip Code)

Registrant’s telephone number, including area code: 260-459-3553

(Former name or former address, if changed since last report)
Not Applicable

Check the box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     [    ]      Written communications pursuant to Rule 425 under the Securities Act

     [    ]      Soliciting material pursuant to Rule 14a-12 under the Exchange Act

     [    ]      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

     [    ]      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 


Item 8.01 Other Events

On October 26, 2004, Steel Dynamics, Inc. issued a press release announcing that its Board of Directors approved a new stock repurchase program and also approved an increase in the company’s dividend rate. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereto duly authorized.

  STEEL DYNAMICS, INC.
     
  By:  /s/ Theresa E. Wagler
    Theresa E. Wagler
Date: October 26, 2004 Title: Assistant Secretary