Steel Dynamics (STLD) News
Market Cap: $19.22B
Avg Volume: 1.85M
Industry: Steel
Sector: Basic Materials
Why the Market Dipped But Steel Dynamics (STLD) Gained Today
Steel Dynamics (STLD) reachead $127.09 at the closing of the latest trading day, reflecting a +1.72% change compared to its last close.
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STLD Issues Q1 Guidance, Expects Higher Profits in Steel Operations
STLD's steel operations are expected to be more profitable in the first quarter of 2025 than the previous quarter.
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Steel Dynamics Announces Completion of $1 Billion Notes Offering
This transaction advances STLD's long-term strategy of providing a solid capital foundation to support its personnel, customers, shareholders and future growth.
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What Awaits the U.S. Steel Industry as Trump Tariffs Take Effect?
The tariffs will allow U.S. steel stocks like NUE, STLD, CLF and X to capitalize on higher prices and reduced competition against cheaper imported steel.
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3 Companies Buying Back Stock—Why It Matters
Retail investors focus on who is buying certain stocks every quarter, as institutional holdings and investors are reported in that same cadence. However, there is a different way to look at buying activity, one that is much more powerful if it meets all the right criteria.
marketbeat.com
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Steel Dynamics (STLD) Increases Despite Market Slip: Here's What You Need to Know
The latest trading day saw Steel Dynamics (STLD) settling at $120.76, representing a +1.14% change from its previous close.
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Steel Dynamics (STLD) Ascends But Remains Behind Market: Some Facts to Note
In the most recent trading session, Steel Dynamics (STLD) closed at $127.72, indicating a +1.07% shift from the previous trading day.
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3 Stocks Breaking Out with More Growth Potential Ahead
If price action is any indication of where the market stands on a stock or group of stocks, then there are a few names that have shown investors where their potential may lie in the coming quarters. By breaking out the way they have recently, chances are that more capital and attention will start to flow into them, bringing even higher returns to shareholders.
marketbeat.com
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Steel Dynamics (STLD) Flat As Market Gains: What You Should Know
The latest trading day saw Steel Dynamics (STLD) settling at $133.48, representing no change from its previous close.
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Steel Dynamics Announces Dividend Hike and $1.5B Share Buyback Program
STLD has consistently increased its cash dividend in alignment with its growth initiatives.
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Steel Dynamics: Trump Trade With Several Tailwinds
The reshoring of industrial capacity from China to the US, driven by tariffs, will benefit US steelmakers like Steel Dynamics. Steel Dynamics is well-positioned with competitive advantages in electric arc furnace technology, vertical integration, and value-added products. Strategic investments in new steel and aluminum mills are expected to significantly boost Steel Dynamics' EBITDA by $1.2 billion.
seekingalpha.com
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Steel Dynamics Announces First Quarter 2025 Cash Dividend Increase of 9% and an Additional $1.5 Billion Share Repurchase Authorization
FORT WAYNE, Ind. , Feb. 24, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.50 per common share, representing a 9% increase over the company's 2024 quarterly rate.
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Steel Dynamics (STLD) Up 10.4% Since Last Earnings Report: Can It Continue?
Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
zacks.com
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The Smartest Steel Stocks to Buy With $2,000 Right Now
Tariffs come and tariffs go. And creative businesses often find ways around tariffs.
fool.com
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Steel Dynamics: Tariffs Tailwind
Steel Dynamics shares have surged 8.6% due to Trump's tariffs, making their products more competitive against imports. Trump's recent tariffs on steel and aluminum will further benefit Steel Dynamics by allowing them to price products higher without foreign competition. Despite conservative growth estimates, I believe Steel Dynamics will see accelerated growth, with potential for up to 29.7% upside in shares.
seekingalpha.com
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Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal
Now that steel and aluminum are the next targets for Trump tariffs, Steel Dynamics and Century Aluminum may offer early entries. The post Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal appeared first on Investor's Business Daily.
investors.com
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3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Investors have had to deal with a lot of uncertainty lately in the stock market as President Trump has rolled out the latest rounds of tariffs, targeting goods traded with China, Mexico, and Canada first. These policies have created a common view for investors that leans on inflation coming back and domestic business demand falling off a cliff.
marketbeat.com
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Steel Dynamics Named One of World's Most Admired Companies by Fortune
FORT WAYNE, Ind., Jan. 30, 2025 /PRNewswire/ -- Fortune named Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the World's Most Admired Companies for 2025.
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3 Steel Producer Stocks to Watch Amid Pricing Headwinds
Weaker steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. NUE, MT and STLD are well poised to navigate the current challenging environment.
zacks.com
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Steel Dynamics, Inc. (STLD) Q4 2024 Earnings Call Transcript
Steel Dynamics, Inc. (NASDAQ:STLD ) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman and CEO Theresa Wagler - EVP and CFO Barry Schneider - President and COO Conference Call Participants Tristan Gresser - BNP Paribas Timna Tanners - Wolfe Research Lawson Winder - Bank of America Merrill Lynch Alexander Hacking - Citigroup Bill Peterson - JPMorgan John Tumazos - Very Independent Research, LLC Operator Good day, and welcome to the Steel Dynamics Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
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Steel Dynamics' Q4 Earnings Surpass Estimates, Sales Miss
STLD believes that the market conditions are in place to support rising demand across its operational platforms in 2025.
zacks.com
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Reminder: Steel Dynamics Announces Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Jan. 23, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Fourth Quarter and Full Year 2024 financial results after market close on Wednesday, January 22, 2025.
prnewswire.com
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Steel Dynamics (STLD) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Steel Dynamics (STLD) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Steel Dynamics (STLD) Q4 Earnings Top Estimates
Steel Dynamics (STLD) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $2.61 per share a year ago.
zacks.com
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Steel Dynamics Reports Fourth Quarter and Annual 2024 Results
FORT WAYNE, Ind. , Jan. 22, 2025 /PRNewswire/ -- Annual 2024 Performance Highlights: Second highest steel shipments of 12.7 million tons Net sales of $17.5 billion, operating income of $1.9 billion, and net income of $1.5 billion Adjusted EBITDA of $2.5 billion and cash flow from operations of $1.8 billion Strong liquidity of $2.2 billion as of December 31, 2024 Share repurchases of $1.2 billion of the company's common stock, representing six percent of its outstanding shares Strong after-tax return-on-invested-capital of 23 percent for the three-year period ended December 31, 2024 Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced fourth quarter and annual 2024 financial results.
prnewswire.com
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Steel Dynamics to Post Q4 Earnings: What's in the Cards for the Stock?
STLD's fourth-quarter results are likely to have been impacted by lower profitability in steel operations due to weaker prices.
zacks.com
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Will Steel Dynamics (STLD) Beat Estimates Again in Its Next Earnings Report?
Steel Dynamics (STLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
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The Ultimate Steel Stock to Buy With $1,000 Right Now
When it comes to the domestic steel industry, two companies stand out: Nucor (NUE 0.23%) and Steel Dynamics (STLD -0.11%). Both are well run and growing, but one is old and largely mature while the other is still relatively young and growing more quickly.
fool.com
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Unlocking Q4 Potential of Steel Dynamics (STLD): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Steel Dynamics (STLD) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
zacks.com
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Earnings Preview: Steel Dynamics (STLD) Q4 Earnings Expected to Decline
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.
zacks.com
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Steel Dynamics (STLD) Surpasses Market Returns: Some Facts Worth Knowing
In the most recent trading session, Steel Dynamics (STLD) closed at $123.52, indicating a +0.2% shift from the previous trading day.
zacks.com
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Steel Dynamics Announces Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Jan. 10, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Fourth Quarter and Full Year 2024 financial results after market close on Wednesday, January 22, 2025.
prnewswire.com
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Steel Stocks: 1 Steel Stock to Buy and 1 to Sell on Trump Tariffs
As the Trump administration takes over in 2025, his proposed import tariffs across the board have stoked inflation fears. Many stocks are feeling the impact of stockpiling ahead of the new tariffs, while other stocks are sinking on the prospects of rising costs, leading to softening demand and compressed margins.
marketbeat.com
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Steel Dynamics (STLD) Ascends While Market Falls: Some Facts to Note
Steel Dynamics (STLD) concluded the recent trading session at $114.07, signifying a +0.24% move from its prior day's close.
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Steel Dynamics Expects Lower Q4 Earnings Amid Pricing Pressures
Steel Dynamics, Inc. STLD expects earnings for the fourth quarter of 2024 to be $1.26 to $1.30 per share. It reported earnings $2.05 per share for the third quarter and $2.60 for fourth-quarter 2023.
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Steel Dynamics Gives Weak Q4 Outlook, But Says Business Remains Solid
Steel Dynamics (STLD) provided lower-than-expected guidance for the current quarter, in part because of a problem with one of its plants. However, shares of the steelmaker recently edged higher as the company gave a positive outlook for the industry environment.
investopedia.com
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Steel Dynamics Provides Fourth Quarter 2024 Earnings Guidance
FORT WAYNE, Ind. , Dec. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2024 earnings guidance in the range of $1.26 to $1.30 per diluted share.
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3 Steel Stocks in Focus After Biden's Buyout Block
According to a report from Bloomberg News that cited people familiar with the matter, U.S. President Joe Biden will block Nippon Steel's proposed $14.9 billion buyout of U.S. Steel (X) on national security concerns.
schaeffersresearch.com
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Steel Dynamics (STLD) Stock Declines While Market Improves: Some Information for Investors
In the closing of the recent trading day, Steel Dynamics (STLD) stood at $133.55, denoting a -1.29% change from the preceding trading day.
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Steel Dynamics (STLD) Stock Falls Amid Market Uptick: What Investors Need to Know
In the most recent trading session, Steel Dynamics (STLD) closed at $141.38, indicating a -1.27% shift from the previous trading day.
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Steel Dynamics initiated with a Neutral at Goldman Sachs
Goldman Sachs initiated coverage of Steel Dynamics with a Neutral rating and $155 price target. The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over supply and weak but improving pricing, the analyst tells investors in a research note. The firm is more positive given its belief that both cyclical and structural factors could drive earnings growth for the domestic steel industry despite a weaker global backdrop. Goldman believes the U.S. steel industry and the stocks are near or at the trough of the current cycle.
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Is the Options Market Predicting a Spike in Steel Dynamics (STLD) Stock?
Investors need to pay close attention to Steel Dynamics (STLD) stock based on the movements in the options market lately.
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Steel Dynamics (STLD) Up 2% Since Last Earnings Report: Can It Continue?
Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
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Steel Dynamics Honored with 2024 Sustainability Partner Award from Union Pacific
FORT WAYNE, Ind. , Nov. 14, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced today that Union Pacific recognized Steel Dynamics with a Sustainability Partner Award.
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Prediction: 3 Stocks Set to Win if President-Elect Trump Gets His Way on Tariffs
Trump's proposed across-the-board tariffs will create some losers. But there will be winners, too.
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3 Steel Producer Stocks to Watch Amid Industry Headwinds
Weaker steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. STLD, CMC and SID are well poised to navigate the current challenging environment.
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Steel Dynamics Recognized for Increased Use of Green Power
FORT WAYNE, Ind. , Oct. 30, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that they recently joined the U.S. Environmental Protection Agency's (EPA) Green Power Partnership (GPP).
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Steel Dynamics Analysts Increase Their Forecasts After Better-Than-Expected Earnings
Steel Dynamics Inc STLD posted better-than-expected third-quarter earnings, after the closing bell on Wednesday.
benzinga.com
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Steel Dynamics' Q3 Earnings and Revenues Beat Expectations
Lower average realized steel prices weigh on STLD's Q3 results amid steady underlying steel demand.
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Steel Dynamics, Inc. (STLD) Q3 2024 Earnings Call Transcript
Steel Dynamics, Inc. (NASDAQ:STLD ) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman & CEO Theresa Wagler - EVP & CFO Barry Schneider - President & COO Conference Call Participants Martin Englert - Seaport Research Partners Katja Jancic - BMO Capital Markets Tristan Gresser - BNP Paribas Exane Carlos Diaba - Morgan Stanley Lawson Winder - Bank of America Merrill Lynch Timna Tanners - Wolfe Research Bill Peterson - JPMorgan Andrew Jones - UBS John Tumazos - John Tumazos Independent Research Operator Good day, and welcome to the Steel Dynamics Third Quarter 2024 Earnings Conference Call. [Operator Instructions].
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Reminder: Steel Dynamics Announces Third Quarter 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Oct. 17, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Third Quarter 2024 financial results after market close on Wednesday, October 16, 2024.
prnewswire.com
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Steel Dynamics (STLD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Steel Dynamics (STLD) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Steel Dynamics (STLD) Q3 Earnings and Revenues Surpass Estimates
Steel Dynamics (STLD) came out with quarterly earnings of $2.05 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $3.47 per share a year ago.
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Steel Dynamics Reports Third Quarter 2024 Results
FORT WAYNE, Ind. , Oct. 16, 2024 /PRNewswire/ -- Third Quarter 2024 Performance Highlights: Steel shipments of 3.2 million tons Net sales of $4.3 billion, operating income of $395 million, net income of $318 million, and adjusted EBITDA of $557 million Cash flow from operations of $760 million Strong liquidity of $3.1 billion, as of September 30, 2024 Share repurchases of $310 million of the company's common stock, representing 1.6 percent of its outstanding shares Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced third quarter 2024 financial results.
prnewswire.com
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What's in the Cards for Steel Dynamics Stock in Q3 Earnings?
STLD's third-quarter results are likely to have been impacted by lower profitability in steel operations due to weaker prices.
zacks.com
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Steel Dynamics (STLD) Rises Higher Than Market: Key Facts
Steel Dynamics (STLD) closed at $129.86 in the latest trading session, marking a +1.09% move from the prior day.
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Exploring Analyst Estimates for Steel Dynamics (STLD) Q3 Earnings, Beyond Revenue and EPS
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Steel Dynamics (STLD), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
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Steel Dynamics: Undervalued Despite A History Of Profitability
Steel Dynamics has compounded NOPAT by 19% annually since 2019, with ROIC rising from 11.96% to 15.15%, showcasing strong profitability and management alignment with shareholder interests. The firm has consistently earned economic profits, totaling $8.7 billion since 2019, by maintaining a ROIC greater than its WACC. Despite its profitability, STLD is priced for a 3% permanent decline in NOPAT, presenting a value investment opportunity.
seekingalpha.com
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Earnings Preview: Steel Dynamics (STLD) Q3 Earnings Expected to Decline
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.
zacks.com
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Steel Dynamics Announces Third Quarter 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , Oct. 7, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Third Quarter 2024 financial results after market close on Wednesday, October 16, 2024.
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Dividend Stocks With Strong Q4 Seasonality
Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have been the best Q4 performers over the last ten years. 2024 has been a strong year already for high-yielding stocks, and now they have Q4 seasonality as another tailwind.
seekingalpha.com
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Wabash Inks Deal With Steel Dynamics to Source Key Steel Components
WNC enters into a 10-year strategic agreement with Steel Dynamics to secure a steady supply of key steel components for its transportation solutions portfolio.
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Steel Dynamics (STLD) Registers a Bigger Fall Than the Market: Important Facts to Note
The latest trading day saw Steel Dynamics (STLD) settling at $123.34, representing a -1.07% change from its previous close.
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Steel Dynamics Expects Lower Q3 Earnings Amid Pricing Pressures
STLD projects lower Q3 earnings due to reduced steel prices, but maintains a steady backlog extending into 2025.
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Steel Dynamics (STLD) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Steel Dynamics (STLD) closed at $111.01, marking a -1.62% move from the previous day.
zacks.com
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3 Steel Stocks to Buy for a Tariff Tailwind
In May 2024, the Biden administration announced plans to leave the tariffs imposed on Chinese steel during the Trump administration in place. In fact, the administration also sought to triple the tariffs to 25%.
marketbeat.com
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3 Steel Stocks to Buy for a Tarriff Tailwind
In May 2024, the Biden administration announced plans to leave the tariffs imposed on Chinese steel during the Trump administration in place. In fact, the administration also sought to triple the tariffs to 25%.
marketbeat.com
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Steel Dynamics (STLD) Stock Slides as Market Rises: Facts to Know Before You Trade
In the closing of the recent trading day, Steel Dynamics (STLD) stood at $108.74, denoting a -1.81% change from the preceding trading day.
zacks.com
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Steel Stocks Rebound: JPMorgan Lifts Ratings On Nucor, Steel Dynamics, US Steel
Following the pressure on shares of North America steel companies due to weakening fundamentals, they are now more attractively valued.
benzinga.com
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2 Top Steel Stocks to Buy in September
Cleveland-Cliffs and U.S. Steel have a long history of making steel using blast furnaces. Steel makers Nucor and Steel Dynamics both use electric arc furnaces.
fool.com
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Steel Dynamics, Along with Several Other Organizations, Files Trade Petitions Against Countries on Corrosion Resistant Flat Rolled Steel
FORT WAYNE, Ind. , Sept. 5, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today petitioned the Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) to apply antidumping duties against imports of corrosion resistant flat rolled steel (CORE) from Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, UAE, and Vietnam, and countervailing duties against imports of CORE from Brazil, Canada, Mexico, and Vietnam.
prnewswire.com
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Steel Dynamics (STLD) Declines More Than Market: Some Information for Investors
Steel Dynamics (STLD) closed at $113.12 in the latest trading session, marking a -0.74% move from the prior day.
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Steel Dynamics Announces Third Quarter 2024 Cash Dividend
FORT WAYNE, Ind. , Aug. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.46 per common share.
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Why Is Steel Dynamics (STLD) Down 8.6% Since Last Earnings Report?
Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
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3 High-Potential Industrial Stocks Poised to Rise
The combined uncertainty surrounding upcoming elections and economic prospects has investors seeking ways to generate profits regardless of outcomes. While a potential recession could impact most companies, certain trades may rely less on election results.
investorplace.com
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Steel Dynamics Can Benefit From Demand Bottoming
Steel Dynamics shares have pulled back over 10% from their high due to concerns about the economy, but Q2 results show potential for a bottom. Supported by government programs, potential rate cuts, and low channel inventories, steel demand may inflect higher and boost H2 results. Steel Dynamics' aluminum plant is expected to significantly increase earnings power, leading to a swing in free cash flow and enable ongoing buybacks to push shares higher.
seekingalpha.com
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3 Undervalued Stocks to Buy as Trump's Second-Term Odds Improve
Former President Trump's improving odds of a second term have already influenced investor behavior. The “Trump trade” is gradually being priced into various sectors.
investorplace.com
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Steel Dynamics, Inc. (STLD) Q2 2024 Earnings Call Transcript
Steel Dynamics, Inc. (NASDAQ:STLD ) Q2 2024 Earnings Conference Call July 18, 2024 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman & CEO Theresa Wagler - EVP & CFO Barry Schneider - President & COO Conference Call Participants Carlos De Alba - Morgan Stanley Martin Englert - Seaport Research Partners Tristan Gresser - BNP Paribas Exane Timna Tanners - Wolfe Research Katja Jancic - BMO Andrew Keches - Barclays Bill Peterson - JPMorgan Alex Hacking - Citi Investment Research John Tumazos - Very Independent Research Chris LaFemina - Jefferies Operator Good day and welcome to the Steel Dynamics Second Quarter 2024 Earnings Conference call. At this time, all participants are in a listen-only mode.
seekingalpha.com
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Steel Dynamics (STLD) Q2 Earnings and Sales Beat Estimates
Steel Dynamics (STLD) tops earnings and sales estimates in the second quarter. It sees strong market conditions for domestic steel consumption in the second half of 2024.
zacks.com
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Compared to Estimates, Steel Dynamics (STLD) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Steel Dynamics (STLD) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
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Steel Dynamics (STLD) Q2 Earnings and Revenues Surpass Estimates
Steel Dynamics (STLD) came out with quarterly earnings of $2.72 per share, beating the Zacks Consensus Estimate of $2.67 per share. This compares to earnings of $4.81 per share a year ago.
zacks.com
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Steel Dynamics Reports Second Quarter 2024 Results
FORT WAYNE, Ind. , July 17, 2024 /PRNewswire/ -- Second Quarter 2024 Performance Highlights: Steel shipments of 3.2 million tons Net sales of $4.6 billion, operating income of $559 million, net income of $428 million, and adjusted EBITDA of $686 million Cash flow from operations of $383 million Strong liquidity of $2.7 billion as of June 30, 2024 Share repurchases of $309 million of the company's common stock, representing 1.5 percent of its outstanding shares Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced second quarter 2024 financial results.
prnewswire.com
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Countdown to Steel Dynamics (STLD) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of Steel Dynamics (STLD) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
zacks.com
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Steel Dynamics (STLD) to Post Q2 Earnings: What's in the Offing?
Steel Dynamics' (STLD) Q2 results are likely to have been impacted by lower profitability in steel operations.
zacks.com
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Analysts Estimate Steel Dynamics (STLD) to Report a Decline in Earnings: What to Look Out for
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.
zacks.com
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Steel Dynamics Announces Second Quarter 2024 Earnings Conference Call and Webcast
FORT WAYNE, Ind. , July 9, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release second quarter 2024 financial results after market close on Wednesday, July 17, 2024.
prnewswire.com
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Steel Dynamics (STLD) Declares Completion of Note Offering
This transaction marks an important component of Steel Dynamics' (STLD) long-term plan to establish a solid capital foundation to support its team, customers, shareholders and future growth.
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Blue-Chip Fire Sale: 3 Stocks the Market is Dead Wrong About
If this year's market volatility has you feeling uneasy, you're not alone. The overvaluation of many tech stocks has created a challenging environment, but plenty of affordable, undervalued blue-chip stocks can provide the stability your portfolio needs.
investorplace.com
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Steel Dynamics Stock is Up 9.6% While Its Peers Are Rusting
While most steel producer stocks are trading down in 2024, Steel Dynamics Inc. NASDAQ: STLD is an exception. Its stock is trading up 9.1% year-to-date (YTD).
marketbeat.com
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Steel Dynamics (STLD) Outperforms Broader Market: What You Need to Know
In the closing of the recent trading day, Steel Dynamics (STLD) stood at $124.78, denoting a +0.96% change from the preceding trading day.
zacks.com
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Steel Dynamics (STLD) Sees Q2 Earnings to Fall on Lower Pricing
Steel Dynamics (STLD) projects second-quarter earnings to decline sequentially, with mixed performance across steel, recycling and fabrication operations.
zacks.com
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Steel Dynamics Congratulates Mark D. Millett for Receiving the 2024 Willy Korf / Ken Iverson Steel Vision Award
FORT WAYNE, Ind. , June 18, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) congratulates Mark D.
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Steel Dynamics (STLD) Soars 4.9%: Is Further Upside Left in the Stock?
Steel Dynamics (STLD) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
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Steel Dynamics' stock falls after company issues profit warning
Steel Dynamics Inc.'s stock STLD, -0.60% fell 1.8% early Monday, after the company issued a profit warning for the second quarter. Profitability from the company's steel operations “are expected to be meaningfully lower than sequential first-quarter results, based on lower realized pricing offsetting steady shipments,” the company said in a statement.
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Steel Dynamics Provides Second Quarter 2024 Earnings Guidance
FORT WAYNE, Ind. , June 17, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter 2024 earnings guidance in the range of $2.64 to $2.68 per diluted share.
prnewswire.com
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3 Stocks to Buy as Biden Tariffs Reduce the Glut of Cheap Chinese Steel
The Biden administration announced in May 2024 that it would not only leave the existing tariffs on Chinese steel and aluminum in place but is proposing to triple them. The implications for the United States steel industry is a simple matter of supply and demand.
investorplace.com
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