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 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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Steel Dynamics (STLD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Steel Dynamics (STLD): Strong Industry, Solid Earnings Estimate Revisions

STLD's share price has increased by 8% over the past two months. Steel prices have also increased by 10%. Are they linked? Steel prices are cyclical and I have already accounted for this in my analysis and valuation. There is no change to the business fundamentals.

Steel Dynamics: Still Not A Time To Buy

The U.S. steelmaker reported earnings in late January, but its stock really got rolling in February. Here's why.

Why Steel Dynamics Stock Rocketed 21% in February

FORT WAYNE, Ind., Feb. 26, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.26 per common share, a four percent increase over the company's 2020 quarterly rate. The dividend is...

Steel Dynamics Announces First Quarter 2021 Cash Dividend Increase

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

Why Is Steel Dynamics (STLD) Up 9.4% Since Last Earnings Report?

Steel prices have surged since management's fourth quarter mid-quarter update, leading to near-record prices as capacity utilization remains restrained. There's always a lag in Steel Dynamics benefiting from higher prices, but the fourth quarter was nevertheless much stronger than expected, primarily on better margins.

Steel Dynamics Ideally Positioned To Leverage Soaring Steel Prices

Steel Dynamics' (STLD) results benefit from strong demand and higher steel prices in the fourth quarter.

Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q4

Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q4 2020 Results - Earnings Call Transcript

Shares of Steel Dynamics (NASDAQ:STLD) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 56.45% over the past year to $0.97, which beat the estimate of $0.83.

Recap: Steel Dynamics Q4 Earnings

FORT WAYNE, Ind., Jan. 25, 2021 /PRNewswire/ -- Annual 2020 Performance Highlights: Near-record steel shipments of 10.7 million tons and record steel fabrication shipments of 666,000 tons Net sales of $9.6 billion Operating income of $847 million and net income of $551 million,...

Steel Dynamics Reports Fourth Quarter and Annual 2020 Results

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

Is a Surprise Coming for Steel Dynamics (STLD) This Earnings Season?

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Steel Dynamics' (STLD) fourth-quarter results are likely to have benefited from demand strength across key markets and higher domestic steel prices.

Steel Dynamics (STLD) to Post Q4 Earnings: What's in the Cards?

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FORT WAYNE, Ind., Jan. 11, 2021 /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 2020 financial results after market close on...

Steel Dynamics Announces Fourth Quarter and Full-Year 2020 Earnings Conference Call and Webcast

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Steel Dynamics: Wait For The Coming Price Decline

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Bull of the Day: Steel Dynamics (STLD)

Steel Dynamics (STLD) provides guidance for Q4 earnings, which is expected to be, higher both on a year-over-year and sequential basis.

Steel Dynamics (STLD) Announces Earnings Guidance for Q4

FORT WAYNE, Ind., Dec. 18, 2020 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced leadership appointments for the company's new Southwest-Sinton Flat Roll Steel Division, its Columbus Flat Roll Steel Division, and a new position for the company's flat roll steel...

Steel Dynamics Announces Steel Operations Leadership Appointments

Shares of Steel Dynamics Inc. rose 0.8% in premarket trading Thursday, after the steel producer provided an upbeat fourth-quarter profit outlook, as significant price increases for flat roll steel product offsets increased scrap costs. The company expects adjusted earnings per share, which excludes non-recurring items, of 80 cents to 84 cents, up from 62 cents a share in the year-ago period, and above the FactSet consensus of 76 cents.

News for Steel Dynamics Stock (STLD)