Steel Dynamics

Steel Dynamics, Inc. engages in the manufacture of steel products and metal recycling. It operates through the following segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment consists of sheet products including hot roll, cold roll, and coated steel, long products including structural steel beams, pilings, and standard and premium grade rail, and steel finishing services such as turning, polishing, straightening, chamfering, threading, and precision saw-cutting. The Metals Recycling Operations segment provides ferrous and non-ferrous scrap recycling, scrap management, transportation, and brokerage products and services. The Steel Fabrication Operations segment offers steel joists, girders, and steel deck, including specialty deck. The company was founded by Keith E. Busse, Mark D. Millett, Richard P. Teets, and John C. Bates in 1993 and is headquartered in Fort Wayne, IN.

Earnings data Q1 2021

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Steel Dynamics achieves record sales in 2022, eyes growth opportunities

Steel Dynamics reported a strong financial performance in 2022, with record sales and earnings. The company is strategically investing in capital projects, emphasizing sustainability, and leveraging core competencies for future growth. Despite challenges in steel operations and startup costs for Sinton, the outlook for 2023 remains positive with opportunities from infrastructure projects and market dynamics.

Steel Dynamics reports record Q1 earnings, eyes market expansion

Steel Dynamics' Q1 2023 earnings call highlighted a successful quarter with strong financial results, strategic investments, and a focus on sustainable growth. The company is leveraging its strengths in safety, liquidity, and market diversification to navigate challenges such as cost pressures and cash flow management. Opportunities lie in market expansion, aluminum ventures, and continued growth in key sectors.

Steel Dynamics excels in Q2, eyes capacity growth and market expansion

Steel Dynamics delivered strong financial performance, focusing on safety, sustainability, and value creation. Challenges include supply chain issues and managing capacity ramp-up. Opportunities lie in new investments, export growth, and product diversification.

Steel Dynamics reports robust Q3 earnings, eyes sustainability and growth

Steel Dynamics had a solid financial quarter, addressing challenges at the Sinton mill and focusing on sustainability. The company is optimistic about market momentum going into 2024, driven by strong demand and a closed order book for November.

Steel Dynamics reports record 2023 performance and optimistic 2024 outlook

Steel Dynamics showcased robust financial performance in 2023, with record steel shipments and revenues, supported by strategic capital investments and operational excellence.
While facing challenges in the aluminum segment's profitability and cost management, the company remains focused on growth opportunities and shareholder value creation.
Optimism surrounds the 2024 steel demand outlook, driven by strong order input rates and anticipated pricing stabilization, underlining a positive trajectory for the company.
With a commitment to innovation, growth, and prudent capital allocation, Steel Dynamics is poised to capitalize on opportunities in diverse sectors and enhance shareholder returns.

Steel Dynamics excels in Q1 2024, eyes growth amid challenges

Steel Dynamics reported strong financial results, highlighted by robust steel shipments and increased focus on higher-margin products. The company's commitment to sustainability, strategic advantages in key operations, and optimism about steel demand position it well for future growth. Challenges include pricing dynamics, policy uncertainties, and managing capital investments.

Steel Dynamics excels in Q2 with solid financial performance and strategic investments

Steel Dynamics demonstrated strong financial performance in Q2 2024, driven by revenue growth and operational achievements. While facing challenges in optimizing capacity and achieving profitability in the aluminum segment, the company is leveraging strengths in production capabilities and strategic investments. With ongoing developments in new facilities and a focus on operational efficiency, Steel Dynamics is poised for future growth and market expansion.

Steel Dynamics excels in Q3 2024, eyes growth through diversification

Steel Dynamics delivered a robust performance in Q3 2024, showcasing strong financial results and operational achievements.
While facing challenges such as personnel additions, pricing trends, and trade cases, the company remains focused on growth and addressing investor concerns.
With a strategic focus on sustainability, diversification into aluminum investments, and a commitment to value creation, Steel Dynamics is well-positioned for future success.

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Nucor

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Steel Dynamics CEO Mark Millett co-founded the company. But he started out as a ski bum.

Steel Dynamics CEO Says His Steel Is More High-Tech Than Facebook

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Is Most-Watched Stock Steel Dynamics, Inc. (STLD) Worth Betting on Now?

Steel pricing remains historically strong, helping this company invest in a new growth opportunity.

Why Steel Dynamics Stock Jumped Today

Steel Dynamics' (STLD) Q2 results benefit from record steel shipments and higher year-over-year steel prices.

Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q2

Steel Dynamics, Inc. (NASDAQ:STLD ) Q2 2022 Earnings Conference Call July 21, 2022 9:00 AM ET Company Participants David Lipschitz – Director, Investor Relations Mark Millett – Chairman and Chief Executive Officer Theresa Wagler – Executive Vice President and Chief Financial Officer Conference Call Participants Emily Chieng – Goldman Sachs Seth Rosenfeld – BNB Paribas Carlos De Alba – Morgan Stanley Timna Tanners – Wolfe Research Phil Gibbs – KeyBanc Andrew Keches – Barclays Operator Good day, and welcome to the Steel Dynamics Second Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.

Steel Dynamics Inc's (STLD) CEO Mark Millett on Q2 2022 Results - Earnings Call Transcript

Nucor and Steel Dynamics stocks rose on record earnings. Alcoa easily topped estimates, giving AA stock a lift.

Nucor, STLD Rise On Record Steel Earnings; Alcoa Beats, FCX Misses

If you want to put some steel in your portfolio look no further than Steel Dynamics (NASDAQ: STLD). The company is engaged in the recycling, processing, fabrication, and sales of steel to the construction and industrial complex and just posted a record quarter.

Put Steel In Your Portfolio With Steel Dynamics

Steel Dynamics (STLD) delivered earnings and revenue surprises of 6.15% and 2.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Steel Dynamics (STLD) Q2 Earnings and Revenues Beat Estimates

FORT WAYNE, Ind. , July 20, 2022 /PRNewswire/ -- Second Quarter 2022 Performance Highlights: Record steel shipments of 3.1 million tons Record net sales of $6.2 billion Record operating income of $1.6 billion and net income of $1.2 billion Record steel fabrication operating income of $599 million and record shipments of 218,000 tons Record cash flow from operations of $1.0 billion and record adjusted EBITDA of $1.7 billion Repurchased $517 million of the company's common stock, representing 3.5 percent of its outstanding shares Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced second quarter 2022 financial results.

Steel Dynamics Reports Record Second Quarter 2022 Results

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FORT WAYNE, Ind. , July 19, 2022  /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that its Board of Directors has authorized the company to construct and operate a 650,000-tonne low-carbon, recycled aluminum flat rolled mill, with two supporting satellite recycled aluminum slab centers.

Steel Dynamics Announces Investment in New State-of-the-Art Low-Carbon Aluminum Flat Rolled Mill, Aligned with Its Core Steelmaking and Recycling Platforms

Steel Dynamics' (STLD) second-quarter results are likely to have benefited from demand strength across major markets.

Will Strong Demand Drive Steel Dynamics' (STLD) Q2 Earnings?

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FORT WAYNE, Ind. , July 11, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release Second Quarter 2022 financial results after market close on Wednesday, July 20, 2022.

Steel Dynamics Announces Second Quarter 2022 Earnings Conference Call and Webcast

Steel Dynamics (STLD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Steel Dynamics (STLD) Earnings Expected to Grow: Should You Buy?

Steel Dynamics (STLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Steel Dynamics (STLD) Could Beat Earnings Estimates Again

Steel Dynamics followed its larger peer Nucor with a massive dividend increase. Here's what's behind the big hike.

How This Steel Company Increased Its Dividend by a Huge 31%!

Steel Dynamics' (STLD) investment marks a major step forward on its path to carbon neutrality, and its continued commitment to lower environmental footprint.

Steel Dynamics (STLD) & Aymium Form JV to Cut Steel Emissions

FORT WAYNE, Ind. , June 28, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the creation of a strategic joint venture with Aymium, a leading producer of renewable biocarbon products.

Steel Dynamics Announces Strategic Partnership To Reduce Greenhouse Gas Emissions

Steel Dynamics preannounced its Q2 2022 results, and its earnings point to record EPS numbers. Steel Dynamics has been busy buying back its shares. If we annualize its buyback plus dividend, investors get a 12% return.

Steel Dynamics: Reporting All-Time Record Results, Get A 12% Return

Steel Dynamics (STLD) forecasts earnings for second-quarter 2022 to be between $6.33 and $6.37 per share.

Steel Dynamics (STLD) Sees Record Q2 Earnings on Strong Demand

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Let's see if Steel Dynamics, Inc. (STLD) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

News for Steel Dynamics Stock (STLD)