STEEL DYNAMICS INC

Ticker: STLD CUSIP: 858119100 Class: COMMON STOCK

TRAN CAPITAL MANAGEMENT, L.P.'s Holding History (CIK: 0001009262)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015

Shares 322,675 Value ($000) $5,766 Avg Close $14.45 Range $13.12 - $15.93

Q3 2015

Shares 307,425 Value ($000) $5,282 Avg Close $15.53 Range $13.35 - $17.42

Q2 2015

Shares 308,850 Value ($000) $6,398 Avg Close $17.16 Range $15.54 - $18.46

Q1 2015

Shares 314,250 Value ($000) $6,316 Avg Close $14.75 Range $13.06 - $16.57

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	322,675	$5,766	$14.45	$13.12 - $15.93
Q3 2015	307,425	$5,282	$15.53	$13.35 - $17.42
Q2 2015	308,850	$6,398	$17.16	$15.54 - $18.46
Q1 2015	314,250	$6,316	$14.75	$13.06 - $16.57