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 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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Continued build-up of China steel inventories due to rising production coupled with softer domestic demand is likely to hurt steel prices.

China Pushes Up World Steel Output Amid Coronavirus Disruption

Higher shipments across the platform, especially long products steel group, are expected to support Steel Dynamics' (STLD) Q1 earnings.

Steel Dynamics Issues Q1 View, Higher Shipments to Aid Margins

Through the Zimmer acquisition, Steel Dynamics (STLD) will be able to solidify its Southwest U.S. and Mexico growth strategy.

Steel Dynamics to Buy Zimmer to Support New Flat Roll Mill

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Coronavirus has dealt a huge blow to the U.S. steel industry's feeble recovery.

Steel Stocks Are Bleeding: Will Coronavirus Bring More Pain?

The coronavirus outbreak is likely to keep steel production in China under check in the months ahead.

China Drives World Steel Growth: Will Coronavirus Curb Output?

The dividend hike and additional share repurchase authorization demonstrate Steel Dynamics' (STLD) confidence in generating industry-leading strong free cash flow in both strong and weak market environments.

Steel Dynamics Hikes Dividend, Approves $500M Share Buyback

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

Why Is Steel Dynamics (STLD) Down 7.2% Since Last Earnings Report?

Is Steel Dynamics (STLD) a great pick from the value investor's perspective right now? Read on to know more.

Should Value Investors Pick Steel Dynamics (STLD) Right Now?

Steel Dynamics CEO puts a brave face on prospects for 2020, but shareholders aren't buying it.

Steel Dynamics Stock Scores "Record" Q4 -- And Share Price Drops

Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q4 2019 Results - Earnings Call Transcript

Steel Dynamics (STLD) delivered earnings and revenue surprises of 10.71% and 4.52%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Steel Dynamics (STLD) Q4 Earnings and Revenues Beat Estimates

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Soft Demand, China Mar Outlook of Steel Producers Industry

Gerdau

As the steel industry looks poised for a rebound this year after a gloomy 2019, it would be prudent to invest in steel stocks that have compelling prospects.

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Considering the two planned outages, margin compression and seasonally lower shipments, Steel Dynamics (STLD) expects profitability from steel operations to be sequentially lower in Q4.

Steel Dynamics Projects Lower Steel Operations Profits in Q4

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A recovery in steel prices and easing U.S.-China trade tensions are likely provide a respite to American steel makers next year.

A Tough Year for Steel Stocks: Will 2020 Bring Good Tidings?

Steelmakers could see a bounce due to the USMCA’s protectionist provisions and labor standards, as long as cars don’t become too expensive.

How the USMCA Affects U.S. Steelmakers and Auto Manufacturers

Steel Dynamics (STLD) plans to use the net proceeds from the notes for redeeming and discharging the entire $700 million of its 5.125% senior notes due 2021, and general corporate purposes.

Steel Dynamics (STLD) Declares Completion of Notes Offering

Steel Dynamics' (STLD) new credit facility is reflective of its recent upgrade to investment grade status and ability to generate stable free cash flow.

Steel Dynamics Announces $1.2B Revolving Credit Facility

Chinese steel production slipped 0.6% year over year to 81.5 Mt in October amid Beijing's anti-pollution drive.

Global Steel Output Drops as China Loses Steam: What's Ahead?

Steel Dynamics (STLD) Up 9.1% Since Last Earnings Report: Can It Continue?

The company's new Southwest greenfield steel mill investment will grow steelmaking capacity by 25%.

Strong Cash Flows Allow Steel Dynamics to Continue Expanding

Lower average steel pricing hurts Steel Dynamics' (STLD) Q3 earnings.

Steel Dynamics' (STLD) Earnings & Sales Trail Estimates in Q3

Steel Dynamics (STLD) delivered earnings and revenue surprises of -1.43% and -3.51%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Steel Dynamics (STLD) Lags Q3 Earnings and Revenue Estimates

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Falling steel prices and softer demand have raised concerns about a possible weak Q3 earnings season for the U.S. steel industry.

US Raw Steel Production Slips, Slumping Prices Raise Red Flag

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.

News for Steel Dynamics Stock (STLD)