![Richard Teets](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Richard Teets
Corporate Officer/Principal at
New Millennium Building Systems LLC
Net worth: 1 339 M $ as of 31/05/2026
Profile
Richard P.
Teets was the founder of Steel Dynamics, Inc., founded in 1993, where the title held was Director from 2016 to 2026.
Mr. Teets is currently Executive Vice President at New Millennium Building Systems LLC since 2007.
Former jobs include Chairman at The Steel Manufacturers Association, Engineering Manager at Nucor Corp., and President at the Association of Iron & Steel Technology from 2006 to 2007.
Education includes an MBA from Duquesne University of The Holy Spirit in 1982 and an undergraduate degree from Lafayette College in 1977.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
STEEL DYNAMICS, INC. 3.57% | 06/05/2026 | 51,46,371 ( 3.57% ) | 1 339 M $ | 31/05/2026 |
Richard Teets active positions
| Companies | Position | Start |
|---|---|---|
New Millennium Building Systems LLC
 New Millennium Building Systems LLC Metal FabricationProducer Manufacturing Manufactures steel joist products including bowstring, arched, scissor, double-pitched, and single-pitched joists | Corporate Officer/Principal | 01/04/2007 |
Former positions of Richard Teets
| Companies | Position | End |
|---|---|---|
| STEEL DYNAMICS, INC. | Founder | 06/05/2026 |
The Steel Manufacturers Association
 The Steel Manufacturers Association Miscellaneous Commercial ServicesCommercial Services Operates as trade association, which represents steel manufacturers | Chairman | 06/02/2016 |
Association of Iron & Steel Technology
 Association of Iron & Steel Technology Miscellaneous Commercial ServicesCommercial Services Operates as an iron and steel technology association | President | 01/01/2007 |
| NUCOR CORPORATION | Corporate Officer/Principal | - |
Training of Richard Teets
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
70
1st degree connections
7
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 7 |
|---|---|
Nucor Corp.
 Nucor Corp. SteelNon-Energy Minerals Manufactures steel and steel products | Non-Energy Minerals |
Steel Dynamics, Inc.
 Steel Dynamics, Inc. SteelNon-Energy Minerals Engages in steel operations & fabrications and metals recycling services | Non-Energy Minerals |
New Millennium Building Systems LLC
New Millennium Building Systems LLC Metal FabricationProducer Manufacturing Manufactures steel joist products including bowstring, arched, scissor, double-pitched, and single-pitched joists | Producer Manufacturing |
Duquesne University of The Holy Spirit
 Duquesne University of The Holy Spirit Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Lafayette College
 Lafayette College Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
The Steel Manufacturers Association
The Steel Manufacturers Association Miscellaneous Commercial ServicesCommercial Services Operates as trade association, which represents steel manufacturers | Commercial Services |
Association of Iron & Steel Technology
Association of Iron & Steel Technology Miscellaneous Commercial ServicesCommercial Services Operates as an iron and steel technology association | Commercial Services |
- Stock Market
- Insiders
- Richard Teets
