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Prepared and filed by St Ives Financial
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<p align="center"><b><font face="serif" size="4">SECURITIES AND EXCHANGE COMMISSION<br>
</font></b><b><font face="serif" size="4">WASHINGTON, DC  20549</font></b></p>
<p align="center"><font size="2" face="serif">________________</font></p>
<p align="center"><font size="2" face="serif"><b>FORM 8-K</b></font></p>
<p align="center"><font size="2" face="serif"><b>CURRENT REPORT</b></font></p>
<p align="center"><font size="2" face="serif"><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font></p>
<p align="center"><font size="2" face="serif">Date of Report (date of earliest event reported): November 18, 2005</font></p>
<p align="center"><b><u><font face="serif" size="4">STEEL DYNAMICS, INC.<br>
</font></u></b><font size="2" face="serif">(Exact name of registrant as specified in its charter)</font></p>
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    <td><font size="2" face="serif">Indiana<br>
      <font size="2" face="serif">(State or other jurisdiction<br>
	<font size="2" face="serif"> of incorporation)</font></font></font></td>
    <td><font size="2" face="serif">0-21719<br>
    <font size="2" face="serif">(Commission File Number)</font></font></td>
    <td width="35%"><font size="2" face="serif">35-1929476<br>
    <font size="2" face="serif">(IRS Employer<br><font size="2" face="serif">Identification No.)</font> </font></font></td>
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<p align="center"><font size="2" face="serif"><u>6714 Pointe Inverness Way, Suite 200, Fort Wayne, Indiana 46804<br>
</u></font><font size="2" face="serif">(Address of principal executive offices) (Zip Code)</font></p>
<p align="center"><font size="2" face="serif">Registrant&#8217;s telephone number, including area code:  260-459-3553</font></p>
<p align="center"><font size="2" face="serif">Not Applicable<br>
</font><font size="2" face="serif">(Former name or former address, if changed since last report)</font></p>
<p align="left"><font size="2" face="serif">Check the appropriate 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:</font></p>
<p align="left"><font size="2" face="serif">[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
<p align="left"><font size="2" face="serif">[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
<p align="left"><font size="2" face="serif">[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
<p align="left"><font size="2" face="serif">[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
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<p align="left"><font size="2" face="serif"><b>Item 5.02 (a).  Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.</b></font></p>
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<td align="left"><font size="2" face="serif">On November 18, 2005, Naoki Hidaka, a member of Steel Dynamics&#8217; Board of Directors, informed the company that he has resigned as a member of the board and from his committee assignments, due to the fact that he has been transferred back to Japan by his employer, Sumitomo Corporation of America, and that it will be impossible for him to regularly attend board and committee meetings. </font></td>
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<td align="left"><font size="2" face="serif">Mr. Hidaka&#8217;s resignation is not related to any disagreement with Steel Dynamics or its management on any matter relating to the company&#8217;s operations, policies or practices. </font></td>
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<p align="center"><font size="2" face="serif"><b>SIGNATURE</b></font></p>
<p align="left"><font size="2" face="serif">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.</font></p>
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<td width="45%"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">STEEL DYNAMICS, INC.</font></td>
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  <td>&nbsp;</td>
  <td align="center"><font size="2">&nbsp;</font></td>
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  <td>&nbsp;</td>
  <td align="left"><font size="2">/s/ Gary Heasley</font></td>
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  <td><font size="2" face="serif">Date: November 22, 2005</font></td>
  <td align="left"><font size="2">By: Gary Heasley&nbsp;</font></td>
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  <td>&nbsp;</td>
  <td align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President &amp; CFO</font><font size="2">&nbsp;</font></td>
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Prepared and filed by St Ives Financial
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): November 18, 2005
STEEL DYNAMICS, INC.
(Exact name of registrant as specified in its charter)
Indiana
(State or other jurisdiction
of incorporation)
0-21719
(Commission File Number)
35-1929476
(IRS Employer
Identification No.)
6714 Pointe Inverness Way, Suite 200, Fort Wayne, Indiana 46804
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:  260-459-3553
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate 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 (17 CFR 230.425)
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 (a).  Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On November 18, 2005, Naoki Hidaka, a member of Steel Dynamics' Board of Directors, informed the company that he has resigned as a member of the board and from his committee assignments, due to the fact that he has been transferred back to Japan by his employer, Sumitomo Corporation of America, and that it will be impossible for him to regularly attend board and committee meetings.
Mr. Hidaka's resignation is not related to any disagreement with Steel Dynamics or its management on any matter relating to the company's operations, policies or practices.
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.
/s/ Gary Heasley
Date: November 22, 2005
By: Gary Heasley
Vice President & CFO