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 Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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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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We can expect a dividend increase this year. Low carbon footprint steel paves way to higher profitability. Steel industry needs to transform to survive.

Steel Dynamics Is A Nimble Sustainability Player In An Infamous Industry

Steel Dynamics (STLD) expects the minority equity interest to help scale up its exposure to value-added manufacturing opportunities.

Steel Dynamics (STLD) Wraps Up Stake Buy in New Process Steel

FORT WAYNE, Ind., Jan. 31, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the completion of the acquisition of a minority equity interest in New Process Steel, L.P.

Steel Dynamics Completes Acquisition of a 45% Minority Interest in New Process Steel

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After Monday's close, Steel Dynamics, Inc. (NADAQ:STLD) began a busy week of steel earnings. After rebounding Monday with other hard-hit steel stocks, STLD stock dropped slightly on Tuesday morning.

Steel Dynamics' earnings are at an all-time high as steel stocks try to recover

Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q4 2021 Results - Earnings Call Transcript

We were expecting a solid report from Steel Dynamics (NASDAQ: STLD) and we were not disappointed. The company is experiencing record demand for steel products and fabrication and that is driving record results.

Steel Dynamics Is A Value That Should Not Be Passed Up

FORT WAYNE, Ind., Jan. 25, 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 Fourth Quarter and Full-Year 2021 financial results after market close on Monday, January 24, 2022.

Reminder: Steel Dynamics Announces Fourth Quarter and Full-Year 2021 Earnings Conference Call and Webcast

Steel Dynamics (STLD) benefits from robust steel demand, higher selling prices and significant steel metal spread expansion in Q4.

Steel Dynamics' (STLD) Q4 Earnings & Revenues Top Estimates

Steel Dynamics (STLD) delivered earnings and revenue surprises of 0.87% and 1.64%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Steel Dynamics (STLD) Beats Q4 Earnings and Revenue Estimates

FORT WAYNE, Ind., Jan. 24, 2022 /PRNewswire/ -- Annual 2021 Performance Highlights: Record steel and steel fabrication shipments of 11.2 million tons and 789,000 tons, respectively Record net sales of $18.4 billion Record operating income of $4.3 billion and net income of $3.2 billion Record steel, steel fabrication, and metals recycling segment earnings Record cash flow from operations of $2.2 billion and adjusted EBITDA of $4.6 billion Share repurchases of $1.1 billion of the company's common stock, representing eight percent of its outstanding shares Contributions to the company's charitable foundation of $10 million Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced fourth quarter and annual 2021 financial results.

Steel Dynamics Reports Record Fourth Quarter and Record Annual 2021 Results

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Steel Dynamics (STLD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Steel Dynamics (STLD) Might Surprise This Earnings Season

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Despite the recent correction, higher year-over-year prices are likely to help steel companies deliver another quarter of strong performance.

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In the latest trading session, Steel Dynamics (STLD) closed at $62.21, marking a -0.97% move from the previous day.

Steel Dynamics (STLD) Stock Sinks As Market Gains: What You Should Know

Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?

Steel Dynamics (STLD) Recently Broke Out Above the 200-Day Moving Average

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

Steel Dynamics (STLD) Recently Broke Out Above the 20-Day Moving Average

Steel Dynamics (STLD) closed the most recent trading day at $60.97, moving +0.63% from the previous trading session.

Steel Dynamics (STLD) Gains But Lags Market: What You Should Know

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Steel Dynamics, Inc. is the largest steel producer and metal recycler in the United States. The new Southwest-Sinton Flat Roll Division growth investment is a clear example of new initiatives for sales growth. If management continues to invest and increase capacity, revenue would trend north.

Steel Dynamics: The New Roll Steel Mill And More M&A Could Push The Stock Price Up

Steel Dynamics is a $13 billion market capitalization materials company. The current market environment is favorable for Steel Dynamics, and the company should benefit fundamentally.

Steel Dynamics Should Benefit From The Commodity Cycle

FORT WAYNE, Ind., Jan. 6, 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 Fourth Quarter and Full-Year 2021 financial results after market close on Monday, January 24, 2022.

Steel Dynamics Announces Fourth Quarter and Full-Year 2021 Earnings Conference Call and Webcast

High growth stocks tend to trade at a premium because of the long-term returns they offer to investors. Therefore, when it is rare to come across a stock that seems relatively undervalued whilst offering exciting growth prospects.

News for Steel Dynamics Stock (STLD)