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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Earnings data Q4 2024

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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Steel Dynamics Inc. STLD, +1.45% said Thursday it expects second-quarter adjusted earnings of $6.61 to $6.65 a share, which excludes an impact of 28 cents a share for start-up costs of the steel maker's Sinton Texas mill investment. Including the cost, Steel Dynamics expects to earn $6.33 to $6.37 a share.

Steel Dynamics shares rise on stronger-than-expected profit view

FORT WAYNE, Ind. , June 16, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided record second quarter 2022 earnings guidance in the range of $6.33 to $6.37 per diluted share.

Steel Dynamics Provides Second Quarter 2022 Record Earnings Guidance

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The consensus price target hints at a 27% upside potential for Steel Dynamics (STLD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Steel Dynamics (STLD) Could Surge 27%: Read This Before Placing a Bet

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Steel Dynamics (STLD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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Goldman Sachs downgraded shares of Steel Dynamics to Hold from Buy. The move has investors wondering if soaring inflation will kill higher steel demand.

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Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?

Why Is Steel Dynamics (STLD) Down 18.8% Since Last Earnings Report?

Steel Dynamics' (STLD) acquisition is part of its North American raw material procurement strategy.

Steel Dynamics (STLD) Inks Deal to Buy Mexican Recycling Company

FORT WAYNE, Ind. , May 17, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) congratulates Mark D.

Steel Dynamics Congratulates Mark D. Millett for being Named 2022 AIST Steelmaker of the Year

FORT WAYNE, Ind. , May 16, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that as part of its North American raw material procurement strategy, the company has entered into a definitive agreement to acquire the equity interest of ROCA ACERO S.A.

Steel Dynamics Announces Planned Acquisition of a Mexican Metals Recycling Company

FORT WAYNE, Ind. , May 6, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of $0.34 per common share.

Steel Dynamics Announces Second Quarter 2022 Cash Dividend

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News for Steel Dynamics Stock (STLD)