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

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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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Low growth and steel price reduction assumptions in DCF still indicate a buy when holding for ten years. STLD exhibits increasing dividends, share repurchases, earning wins, excellent financials and peer performance.

Steel Dynamics: Long, Even With Relaxed Steel Prices

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Here's Why Steel Dynamics (STLD) is a Strong Growth Stock

Steel Dynamics (STLD) doesn't possess 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: What to Know Ahead of Q3 Release

FORT WAYNE, Ind. , Oct. 7, 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 Third Quarter 2022 financial results after market close on Wednesday, October 19, 2022.

Steel Dynamics Announces Third Quarter 2022 Earnings Conference Call and Webcast

The addition of Roca bolsters Steel Dynamics' (STLD) ferrous and nonferrous raw material procurement strategy.

Steel Dynamics (STLD) Wraps Up Mexican Recycling Company Buyout

FORT WAYNE, Ind. , Oct. 4, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the completion of its acquisition of ROCA ACERO, S.A.

Steel Dynamics Completes Acquisition of a Mexican Metals Recycling Company

While growing expectations of a severe global economic slowdown will probably weigh heavily on steelmakers in the short term, there are reasons to start looking at some U.S.-based companies. Steel Dynamics is a domestic U.S. company that produces steel, as well as processing recycled metals.  It has a healthy financial situation.

Steel Dynamics: Competitive Energy Price Advantage For Foreseeable Future

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Steel Dynamics (STLD) could produce exceptional returns because of its solid growth attributes.

Here is Why Growth Investors Should Buy Steel Dynamics (STLD) Now

The company said profitability in the current quarter from the company's steel operations is expected to be historically strong.

Steel Dynamics Stock Jumps On Strong Profit Forecast

Shares of Steel Dynamics Inc. STLD, -8.99% bounced 4.6% in premarket trading Thursday, after the steel producer and metals recycler provided a third-quarter profit outlook that was above expectations, citing "historically strong" steel operations. The upbeat outlook comes a day after the stock tumbled 9.0%, after fellow steel producer Nucor Corp. NUE, -11.31% issued a profit warning, as weakness in its steel mills business offset strength in steel products.

Steel Dynamics stock bounces after providing upbeat profit outlook, a day after rival warned of a profit miss

FORT WAYNE, Ind. , Sept. 15, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided third quarter 2022 earnings guidance in the range of $4.93 to $4.97 per diluted share.

Steel Dynamics Provides Third Quarter 2022 Earnings Guidance

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Is STLD Stock Worth Another Swing Trading Shot?

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Steel Stock Pulls Back As Market Retreats But Remains Near Buy Point

The catalysts that appear to be driving the session's gains don't seem that impressive, but the stock could still be a good bargain.

Why Steel Dynamics Stock Looks Red Hot Today

FORT WAYNE, Ind. , Aug. 22, 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 Third Quarter 2022 Cash Dividend

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

Steel Dynamics (STLD) Up 19.4% Since Last Earnings Report: Can It Continue?

So far, Steel Dynamics has followed a well-proven playbook to great success. It is now deviating from that book.

Is This Steel Company Making a Big Aluminum Mistake?

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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.

News for Steel Dynamics Stock (STLD)