Steel Dynamics Q2 Revenue Falls Short
- Steel Dynamics Q2 Revenue Falls Short
- 07/25/2025
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Steel Dynamics Stock Steady on Long-Term Prospects
- Steel Dynamics Inc. NASDAQ: STLD is holding on to slim gains after it reported its second quarter 2025 earnings after the market closed on July 21. The pullback comes after a gain of nearly 3% after the earnings report.
- 07/22/2025
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Steel Dynamics, Inc. (STLD) Q2 2025 Earnings Call Transcript
- Steel Dynamics, Inc. (NASDAQ:STLD ) Q2 2025 Earnings Conference Call July 22, 2025 11:00 AM ET Company Participants Barry T. Schneider - President & COO David Lipschitz - Corporate Participant Mark D.
- 07/22/2025
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Transcript : Steel Dynamics, Inc., Q2 2025 Earnings Call, Jul 22, 2025
- Operator Good day, and welcome to the Steel Dynamics Second Quarter 2025 Earnings Conference Call. [Operator Instructions]. Please be advised this call is being recorded today, July 22, 2025 and and your participation implies consent to our recording this call. If you do not agree to these terms, please disconnect. At this time, I would like to turn the conference over to David Lipschitz, Director, Investor Relations. Please go ahead. David Lipschitz Thank you, Holly. Good morning, and welcome to Steel Dynamics Second Quarter 2025 Earnings Conference Call. As a reminder, today's call is being recorded and will be available on our website for replay later today. Leading today's call are Mark Millett, Chairman and Chief Executive Officer of Steel Dynamics; Theresa Wagler, Executive Vice President and Chief Financial Officer; and Barry Schneider, President and Chief Operating Officer. The other members of our senior leadership team are joining us on the call individually. Some of today's statements, which speak only as of this date, may be forward-looking and predictive, typically preceded by believe, expect, anticipate or words of similar meaning. They are intended to be protected by the Private Securities Litigation Reform Act of 1995 should actual results turn out differently. Such statements involve risks and uncertainties related to integrating or starting up new assets the aluminum industry, the use of estimates and assumptions in connection with the anticipated project returns and our steel, metals recycling and fabrication businesses as well as to general business and economic conditions. Examples of these are described in the related press release as well as in our annual filed SEC Form 10-K under the headings -- forward-looking Statements and Risk Factors found on the Internet at www.sec.gov and if applicable, in any later SEC Form 10-Q. You will also find any referenced non-GAAP financial measures reconciled to the most directly comparable GAAP measures in the press release issued yesterday entitled Steel Dynamics Reports Second Quarter 2025 results. And now I'm pleased to turn the call over to Mark. Mark Millett Co-Founder, Chairman & CEO Super. Thank you, David, and good morning, everyone. Thank you for being with us on our second quarter 2025 earnings call. As evident in our release, our teams achieved a solid second quarter performance, and most fulfilling to me was the team's overall safety performance. They achieved an all-time low quarterly recordable and lost time injury rates. In fact, 80% of our over 100 locations didn't even have a single recordable injury. It's a supreme achievement by the team. My sincere thanks to everyone involved. Although experiencing some challenges in the second quarter relating to vendor oxygen supply that inhibited steel production, the Sinton team continued their progress. They increased sequential earnings achieving pretax breakeven and another positive EBITDA quarter. We expect a steep acceleration of profitability for the remainder of this year and next. We believe we have reached an earnings inflection point for steel fabrication with expectations for increased profitability in the third quarter. We achieved record quarterly metals recycling shipments -- adjusted EBITDA was $533 million. Biocarbon is in the midst of commissioning with expectations for product shipments to begin later in the third quarter. We were awarded the Volkswagen Global Group Award for Sustainability is a testament to our low carbon steel program and its associated impact on us becoming the supplier of choice for auto groups expanding in the U.S. And aluminum is here. We shipped our first commercial quality aluminum flat rolled coils on June 16. So congratulations to absolutely everyone involved in the phenomenal progress. So we are successfully executing on many fronts, and I'm proud of the entire Steel Dynamics team. There's no doubt the other foundation of our company and remain our first and foremost priority. As such, we are focused on providing the very best for their health and safety. We're building a world-class safety culture. Our team's dedication to our tape controller safety program is absolutely extraordinary and resulted in the record metrics this quarter. Continually inspired by the commitment of our team members have for one another. They consider themselves family and challenge the status quo each and every day. With that said, there will always be more to do as we strive for a 0 incident environment. So with that introduction, Teresa, some sales on the quarter. Theresa Wagler Executive VP, CFO & Company Secretary Thank you, Mark. Good morning, everyone. Thanks for joining us. Our second quarter 2025 net income was $299 million or $2.01 per diluted share. which -- with adjusted EBITDA of $533 million. Second quarter 2025 revenue of $4.6 billion was above sequential first quarter results due to higher realized steel pricing across the platform. Our second quarter operating income of $383 million was 39% higher than the first quarter results, driven by steel metal spread expansion as pricing increased more than scrap raw material costs. As we discuss our business this morning, we continue to focus and execute on our transformational growth initiatives. Our steel operations generated operating income of $382 million in the second quarter, over 65% higher sequentially due to average realized pricing increasing $136 to $1,134 per ton, while total shipments were modestly lower due to a decline in flat rolled shipments. Earnings from the steel platform were reduced in the second quarter by approximately $32 million due to a noncash write-off of consumable assets. They were also negatively impacted as seen shipments were reduced by approximately 55,000 tons due to a reduced vendor supply of oxygen, which has since been restored. For those -- for modeling purposes for shipments in the second quarter, hot rolled shipments were 930,000 tons, cold-rolled shipments were 114,000 tons and finally, coated shipments were 1,387,000 tons. For the second quarter, operating income from our med recycling operations was $21 million or $4 million lower than sequential first quarter results, due to lower realized ferrous pricing as primes were down about $50 per ton and other grades $80 per ton. The price differential more than offset the team's record shipments. We are already the largest North American metals recycler for ferrous and nonferrous metals and we're growing in support of our increased steel capacity and aluminum flat-roll operations through new and expanded supplier relationships and through the use of innovative new separation technologies. Our melt recycling platform is a significant competitive advantage for our steel, aluminum and copper operations. Our steel fabrication team achieved operating income of $93 million in the second quarter lower than first quarter results as realized pricing declined modestly and steel substrate cost increase compressing margins. Federal programs, manufacturing growth and onshoring are expected to support domestic fixed asset investment and related flat and long product steel and steel joist and deck consumption in the coming years. As for our aluminum operations, I also want to send a huge congratulations to the team on their first shipment. It truly is an exceptional accomplishment. Operating losses from the aluminum operations totaled $69 million in the first half of 2025. We estimate comparative losses to be in the range of $40 million for the third quarter of 2025, which is consistent with second quarter results, then improving to between $15 million and $20 million for the fourth quarter as we complete commissioning, commenced product certifications and ramp production. Based on current dynamics, we continue to believe we will achieve monthly EBITDA positive results before the end of 2025. Additionally, in connection with startup, we will stop capitalizing interest expense associated with the aluminum project. As such, we estimate interest expense to increase to about $30 million in the coming third quarter and to the full $45 million in the fourth quarter. Related to cash flow, during the second quarter of 2025, we generated cash flow from operations of $302 million. Working capital grew $131 million in the quarter as we grew inventories for our new aluminum investments. In June, we repaid our 2.4% $400 million senior note that matured. We ended the quarter with liquidity of $1.9 billion comprised of cash and short-term investments of $744 million and are fully available unsecured revolver. For the second half of 2025, we believe capital investments will be in the range of $400 million, with the majority related to the completion of our aluminum and biocarbon growth investments. In February, we increased our quarterly cash dividend 9% to $0.50 per common share, continuing our positive dividend profile. We also repurchased $200 million of our common stock in the second quarter representing over 1% of our outstanding shares. At June 30, $1.2 billion remained authorized and available for share repurchases. These actions reflect the strength of our capital foundation in consistently strong cash flow generation capability and the continued optimism and confidence in our future. Our capital allocation strategy prioritizes high-return strategic growth with shareholder distributions comprised of a base positive dividend profile that's complemented with a variable share repurchase program, while we remain dedicated to preserving our investment-grade credit designation. Our free cash flow profile has fundamentally changed over the last 5 years from an annual average of $540 million to $3 billion, excluding our large strategic Sinton and aluminum investments. We placed ourselves in a position of strength to have sustainable capital foundation that provides the opportunity for meaningful strategic growth and strong shareholder returns while maintaining investment-grade credit metrics. We're squarely positioned for the continuation of sustainable optimized long-term value creation. In alignment with the 1.5-degree scenario set forth in the Paris agreement, we have an interim 2030 emissions intensity target, which represents a 15% reduction in our greenhouse gas intensity and a 2050 emissions intensity target. We announced during the second quarter that each of our company's steel mills achieved global steel Climate Council product certification. For our customers, this means greater transparency and confidence when sourcing lower embodied carbon steel products. The GSCC certification verifies emissions data through a certified science-based standard aligned with the Paris agreement. Decarbonization is a meaningful part of our long-term value creation strategy, and we're dedicated to our people, our communities and our environment. We're committing to operating our business with the highest integrity. In that regard, we grow in our excitement considering our first biocarbon production facility as it transitions from construction to commissioning, with expectations, as Mark mentioned, for production to begin in the coming months. We believe our first facility could decrease our Steel Scope 1 greenhouse gas emissions by as much as 35% and more importantly, provide unique value and supply chain opportunities for many of our OEM flat-rolled steel customers. We uniquely have an actionable path that is more manageable and we believe considerably less expensive than may lay ahead for many of our industry peers. Our carbon reduction strategy is an ongoing journey and we're moving forward with the intention to make a positive difference. Thank you. Barry Schneider President & COO Thank you, Theresa. Our steel fabrication operations achieved a solid performance in the second quarter in a somewhat challenging environment, as steel input costs increased and customer hesitancy prevented any meaningful increase in volume. However, order activity remains solid with the order backlog increasing by 15% since the beginning of the year and now extending into 2026. Pricing for steel joist and deck bookings has remained relatively stable through the first half of the year. Based on the current market environment, we believe we have reached an inflection point in profitability from our fabrication operations and expect third quarter earnings to improve sequentially. We continue to have high expectations for the business based on continued onshoring of manufacturing, recently announced significant privately funded manufacturing projects and public funding for infrastructure and other fixed asset investment programs, the long-term uplift from this backdrop could be considerable for all of our platforms. Our steel fabrication platform provides meaningful volume support for our steel operations critical and softer demand environments, allowing for higher through-cycle steel utilization compared to our peers. It also helps mitigate the impact of lower steel prices. Earnings from our metals recycling operations were modestly lower in the second quarter despite record shipments due to lower realized ferrous scrap prices as scrap flows were steady and exports declined. We believe ferrous scrap prices have stabilized and are likely to remain relatively steady throughout the rest of the year, aside from the typical seasonal fluctuations. Additionally, the team continues to expand its access to recycled aluminum in preparation for the ramp-up of our aluminum flat-rolled operations. The North American geographic footprint of our metals recycling platform provides a strategic competitive advantage for our steel mills and for our scrap generating customers. Our Metals Recycling team is also partnering more closely with both our steel and aluminum teams to expand scrap separation capabilities through advanced process and technology solutions. This collaboration helps mitigate supply risk by making more grades of ferrous and nonferrous scrap usable for our steel and aluminum production. Additionally, it positions us to significantly increase the recycled content in our aluminum flat rolled products, unlocking enhanced earnings opportunities. The steel team delivered a solid quarter with shipments of 3.3 million tons. In the second quarter of 2025, the domestic steel industry operated at an estimated production utilization rate of 77%, while our steel mills operated at a notably higher rate of 85%, this consistently higher utilization reflects our value-added steel product diversification, differentiated customer supplied solutions and strong support from our internal manufacturing businesses. Our elevated through-cycle utilization rate is a key competitive advantage, underpinning our growing cash generation capability. Our realized steel pricing increased throughout our product portfolio in the second quarter. And just last week, long products saw additional price improvement. Overall, domestic steel inventories remain lean from a historical basis. However, coated flat-rolled steel volume and pricing compressed during the quarter due to an inventory overhang related to imports that we received just ahead of the final ruling related to the associated industry trade case. Last fall, we and other industry participants initiated a trade case related to these products and have since received favorable preliminary countervailing and antidumping rulings. We anticipate final rulings to be determined before the end of September. This uniquely positions us as we are the largest producer of nonautomotive coated flat-rolled steel products in North America. Together with the announced Section 232 steel tariffs, these developments are expected to positively impact demand for lower carbon emission U.S.-produced steel. The underlying steel demand remains steady. However, customers continue to exercise caution in placing orders due to ongoing uncertainty related to trade policies and interest rates. That said, we believe steel prices have stabilized in the near term, with potential for upward movement in the future. Our Sinton, Texas flat roll mill achieved higher earnings in the second quarter despite operating a lower utilization rate of 71% due primarily to lack of sufficient oxygen supply caused by a vendor. We believe this impact to our operations could be as much as 55,000 tons. Sufficient oxygen, as Theresa mentioned, has been restored and the bill is operating very well. The team continues to make improvements in yield, cost reduction and quality. They are also continuing towards additional product development to expand our current flat-rolled steel capabilities. Meaningful progress is being made on API pipe grades, high-strength grades, Grade 1 110, pressure vessel quality and OEM qualification packages for our automotive customers. We are seeing increased shipments from SIMs value-added coating lines, which are strengthening the facility's product mix and boosting its through-cycle earnings capabilities. Regarding the steel market environment, North American automotive production estimates for 2025 were recently revised modestly downward reflecting ongoing uncertainty related to trade discussions. Fortunately, our specific automotive customer base has not only remained stable, but have provided opportunities for growth. We have become a supplier of choice for many U.S.-based European and Asian automotive producers due to our current and planned future superior carbon content capabilities. Additionally, numerous announcements have been made concerning its considerable volume of automotive production moving to the U.S. from foreign locations in the coming years. Meanwhile, we continue to grow market share in both flat-rolled and SBQ deals within the sector. Nonresidential construction remained stable despite broader predictions of a potential slowdown. So far this year, construction sector employment and spending have been stable. Pricing for most long products has generally improved, supported by strong backlogs. Looking ahead, ongoing onshoring activities, recently announced domestic manufacturing projects and continued infrastructure spending are expected to further support fixed asset investment in construction-related demand. In the energy sector, oil and gas activity remains steady with encouraging signs of increased demand for both flat-rolled and SBQ products heading into the third quarter. Additionally, Solar is particularly strong currently as the producers attempt to benefit from expiring incentives. Overall, we remain extremely optimistic concerning steel demand and pricing dynamics for the domestic producers in the coming years based on the expected demand from new manufacturing and U.S.-produced steel content requirements. With that, I'll return it to Mark Millet. Mark Millett Co-Founder, Chairman & CEO Thank you Mr. Schneider, I appreciate that. Well, as you've seen these past years, I believe it's more than evident that our performance-driven team-based culture in combination with a proven, diversified and value-add business model drives consistently superior financial metrics. This consistently strong performance continues to support our cash generation and growth investment strategies, allowing a balanced cash allocation strategy that has delivered high shareholder returns. Our disciplined investment approach continues to support a strong and growing through-cycle cash generation profile while maintaining one of the highest return on invested capital amongst our peers. As mentioned, Sinton did face some action and supply challenges in the quarter, which have since been corrected, then productivity has been reestablished here around about 80% and growing. The facility continues to improve operational reliability, enhance its downstream operations. Despite the hurdles, Sinton increased its EBITDA, as we said, and we expect a meaningful positive shift in its financial performance for the remainder of the year. The 4 flat-rolled steel coating lines are also continuing to increase volume and achieve high-quality standards. These types of high-return investments are key to our value-added product and supply chain differentiation strategies. Theresa, I already shared the exciting update for biocarbon. This is an ingrown part of our sustainability program. that is truly differentiating us in the eyes of our customers. As I said, finally, we're incredibly excited to be officially part of the aluminum flat rolled product supply chain. Our aluminum investments are compelling and parallel our entry into then antiquated steel industry over 30 years ago, and there are distinct similarities. An industry with generally older inefficient assets at a considerable cost disadvantage and company's challenge to earn their cost of capital, thereby unable to reinvest in facilities and new technology due to lack of funds. So we believe we have a significant competitive position with aluminum. Unlike our entry into the oversupplied steel market, there is a significant domestic supply deficit of over 1.4 million tonnes for aluminum sheet. And this deficit is forecast to grow. In 2024, that deficit was supplied through high-cost imports, which are now even higher cost as the tariffs increased from 10% in '24 to the current 50% level. There's clear alignment with many of SDI's core competencies of construction and operational know-how. Our ability to build large capital-intensive assets has been proven once again at Columbus. It's a phenomenal facility. That customers are in all our team did a great job. We have a deep experience operating melting, rolling and finishing facilities, our differentiating performance-driven culture will drive higher efficiency and lower cost operations. There's also excellent commercial alignment. 2/3 of our carbon flat rolled steel customers consume and process aluminum flat rolled sheet. We will have both steel and aluminum product offerings, as we gain market share in the automotive sector. And our new penetration into the countercyclical beverage can market sector is a new market for us. We can take great advantage of our raw material platform to drive higher recycled content. As noted by Theresa earlier, we are the largest North American metals recycler, including aluminum, and we developed new separation technologies allowing us to have access to use of all aluminum scrap at lower cost. Feel confident in our earnings differentiation through cycle EBITDA of $650 million to $700 million plus $40 million to $50 million for Omni, as we discussed in the past, the 4 key areas of advantage and labor efficiency, higher recycled content, higher yield and optimize logistics. This strategic investment is a cost-effective and high return growth opportunity, providing SDI with a new product offering and growth platform. And obviously, the project is no longer just a vision, it's here. The customer base is excited to have a new market entrant that is known to be innovative, customer-focused and responsive to their needs. For us, business relationships are long term, founded on trust and the continuous goal of creating mutual value. As our aluminum growth has become a reality and our reputation permeates the industry, aluminum professionals with the vast experience have joined us in this exciting project. They see the vision and are energized by our culture, where they realize they will be heard and can have an impact. They have helped us build a phenomenal team that combines in-depth knowledge of aluminum flat-rolled aluminum operations commercial markets, process technology and customer service, complementing our SDI professionals that bring our performance-driven entrepreneurial culture. Conversations with existing and new customers remain robust, as they need and desire new supply options. We have several automotive and beverage can producers that plan to aid us in the product development and rapid product certification as we ramp operations. In the interim, we will be selling a lot of industrial and can sheet products with the expectation to reach our optimized product mix sometime in 2027. Three of our 4 melt cast houses are fully commissioned at Columbus and are producing all 3,000, 5,000 and 6,000 series ingots for industrial, can sheet and automotive sectors. The hot mill and coal mill are in start-up and on schedule and have successfully produced 3,000 series industrial coils. The numerous them streamlines are also in various stages of commissioning and start-up, all on schedule. Based on our current pace, we anticipate exiting 2025 at a utilization rate of between 40% to 50% and exit 2026 at a rate of 75% as product certifications occur. We expect to be EBITDA breakeven to slightly positive before the end of '25 and increasing thereafter as we continue to ramp and optimize our product mix. You have to be there, but there's a real sense of excitement across our company and the plan, driven by a passion to build on our legacy in steel and lead a transformation in the North American aluminum market. We're impassioned by our current and future growth plans as they will continue to drive the high return growth momentum we have constantly demonstrated. The earnings growth of these new projects is compelling. The capital spending for Sinton with 4 value add lines and aluminum [ Dana ] largely complete with a projected future through-cycle EBITDA contribution from these projects alone of over $1.4 billion. teams has grown to an incredibly resilient cash-generating business of scale and diversification, driven by the best teams in the world. They will maximize opportunity as the industry continues to undergo a paradigm shift, where we have a renewed focus on strategic mercantilist policies to ensure fair and sustainable competition. It's already evident by the recent positive trade determinations for coated flat roll and obviously, all the 232 tariff initiatives on steel and aluminum. And importantly, the inclusion of tariffs on steel content and derivative products particularly fabricated structural steel, which has played the domestic industry for years. And risk mitigation to address supply chain dislocations as accelerated reshoring of manufacturing. AI and cloud computing will support the need for more nonresidential construction for data centers, chip factories, battery plants, along with growing fixed asset investment associated with public and private dollars. Decarbonization itself will materially steepen the global cost curve, providing steel dynamics with a meaningful competitive advantage to gain market share and increase margins. The evolving metals industry landscape provides an opportunity for us to further enhance our earnings potential. As we've said before, we really are blessed in our people on the foundation and fuel of our success. I want to personally thank each of them for their passion, commitment and unwavering dedication. And we are committed to them. And I remind us listening today that safety for yourselves, your families and to each other is our highest priority. I'd also be remiss not to express my gratitude to our loyal customers, many of whom have been with us since the beginning. These partnerships are built on mutual trust, keeping our word and delivering innovative solutions that enhance their value. Our new aluminum partners can expect the same level of commitment and collaboration. And to our suppliers and service providers, thank you. We value your continued support and the strong relationships we've built together. Our culture and business model continue to differentiate our performance, leading to best-in-class financial performance. And as a circular metals business, we're uniquely positioned to offer lower carbon supply chain solutions, enhancing sustainability while helping to mitigate cash flow volatility through all market cycles. This positions us to deliver superior shareholder returns and create lasting value for us all. We look forward to creating even more new opportunities for everyone today and in the years ahead. And with that said, Holly, we would love to answer the questions of the group. Operator [Operator Instructions]. Your first question for today is from Carlos De Alba with Morgan Stanley. Carlos de Alba Morgan Stanley Yes. Just on the [ Ali ] business, congrats on producing and shipping the first call. Just wanted to maybe get a little bit more color on what drove the slightly lower utilization rate in 2025 and 2020 and also the delta in the EBITDA profitability, which I think before it was said that in the second half of the year will be EBITDA positive, maybe just the semantics and it's still the same message, but it felt that now that I felt that the EBITDA positive now is coming at the very back end of the year, whereas before, maybe it was my expectation that it would be more earlier in the second half of the year. Mark Millett Co-Founder, Chairman & CEO Well, I don't think there's any material change in our view, to be honest I guess 50% -- 40% to 50% given that we're in a startup, I think having a specific number is -- might be problematic, but there's no underlying change in our thought process, our mill capability or anything to have that change, I guess. [indiscernible]. question. I didn't quite hear all that. Theresa Wagler Executive VP, CFO & Company Secretary No, Carlos, we still are confident that as we progress, we do believe that we're still going to be EBITDA positive in the second half of the year. I guess we got a little more specific in our notes saying in the fourth quarter, but whether that's September, October, November, December or October, I'm not sure that there's a significant difference. So I think the takeaway should be that we still have full confidence in the aluminum operation. The team is doing an incredible job, and we weren't trying to message anything specifically otherwise. Operator Your next question for today is from Katja Jancic with BMO Capital Markets. Katja Jancic BMO Capital Markets Equity Research Maybe on Sinton, can you disclose how much of EBITDA the mill generated in 2Q? Theresa Wagler Executive VP, CFO & Company Secretary Katja, I'm sorry, we -- I think beginning at the end of -- or the beginning of this year, we're not specifically giving the financial metrics as it relates to Sinton. Suffice it to say, it was significantly better than the first quarter. That said, there's still a step function increase that we're expecting in the second half of the year. [. Katja Jancic BMO Capital Markets Equity Research And when we do look at the second half of the year, is the mill now at a point where it could generate closer to that $500 million annualized rate? Or are there any lingering issues still? Theresa Wagler Executive VP, CFO & Company Secretary It's a good question, Katja. So they're still not operating at that pace given that they need to continue with the product development. As Barry mentioned, we're really excited because they're doing automotive grades now, API grades but we need to be able to get the facility with the proper mix of that value-added opportunity, and that will take some time. So that will likely take through the second half of the year. So I would view 2026 is that opportunity for Sinton to be at the, what we say, through cycle run rate to your point of around $500 million. Operator Your next question for today is from Tristan Gresser with Exane BNP Paribas. Tristan Gresser BNP Paribas Exane Maybe just a follow-up on the aluminum venture. If you can discuss the market environment in which you'll be ramping up your new aluminum facility. I mean it looks very different from what was the initial base case or initial market environment. So from a trade, from a demand perspective, where do you see the new opportunities and also maybe the risk associated? Mark Millett Co-Founder, Chairman & CEO Well, I think the -- if anything, the environment has become even more positive, obviously, the deficit is -- supply deficit is definitely there. That will continue to grow. And it's being supplied, obviously, by imports with a huge tariff attached to it. So us bringing volume on in that environment is very, very positive for us and then honestly, for the customer base as well. So I don't think we see any issues there. I think conversations with our customers has been absolutely incredible. We've started to bring the larger folks through our mill, and I said it earlier that they are absolutely blown away by the facility and the capabilities. And I think even more so our approach as we talk through supply arrangements and product capability, they recognize that we truly do partner with the customer. And I think they're finding that refreshing. So there's no no blemishes, I guess. I think we're excited, if not more excited today than we ever have been. Theresa Wagler Executive VP, CFO & Company Secretary Interested to add to what Mark just described as a more positive environment. When we modeled and projected the $650 million to $700 million of through-cycle EBITDA associated with our aluminum investments, the spreads that we actually used from a product set are more conservative than what we're seeing in the market environment today. So there is a lot of upside opportunity. Tristan Gresser BNP Paribas Exane All right. That's clear. And I was maybe referring to potential demand disruption, especially when it comes to can and beverage. We know price elasticity is what could be high, but I guess from your conversation with customers, it doesn't seem there is a risk there, if I understood correctly. Mark Millett Co-Founder, Chairman & CEO Again, talking to the end consumer is not with can makers themselves, but they do not see that. There's still an overwhelming desire from a societal and environmental perspective to eliminate plastic bottles. And there is a clear desire the can makers and from the bottlers and from the Coca-Colas, the Pepsis, the beer, the beer guys, they're all wanting aluminum right now. Tristan Gresser BNP Paribas Exane Okay. And maybe just then a follow-up on the tariff situation. I think you discussed it already in Q1, but wanted to see if there are any changes regarding your your exposure to pig iron. If you could comment on how much do you source maybe from Brazil? And if -- I mean, I understand with the 10%, it was not a big deal, but if we get 50% on pig iron, imports from Brazil starting August. So what could you -- what could you do? What could you put in place to mitigate those impacts? And then I have a follow-up. Barry Schneider President & COO Yes, Tristan, this is Barry Schneider. The pig iron topic is 1 that we're watching closely. I want to make it clear that our long product mills do not use any iron substitutes or pig iron, so this is a flat-rolled issue. In our 3 flat roll producing plants, our Butler facility has an iron producing facility where we use waste oxides and recycled iron content to generate our pig iron, so the Butler mill is largely independent of the merchant trade, which brings us to the products we do purchase. The tariff is concerning. Historically, the United States government has not looked at raw materials is something that would be tariffed going way back to the founding of our country. The $201 million to $301 million and the $232 million previously did not tariff pig iron coming into the country. We maintain a supply chain that has been under quite a bit of duress in the past 5 years. Historically, pig iron is produced in Russia and Ukraine. Since Russia launched the war against Ukraine, those materials have been severely reduced. We still maintain a relationship with Ukrainian producers, to the extent that they can supply, we're happy to buy from them. But we have shifted a lot of our production to Brazil. So as we look at the tariff landscape, we balance our metallic spreads One of the things we talk about a lot is being able to get more value out of the scrap recycled supply chain. So one of the powerful benefits of having Omni as a captive scrap supplier to us, that we can bring in the highest quality materials and continuously balance based on cost, productivity and quality. So we'll manage as we always do. There are alternatives we can explore. And we'll continue to work with the government and hope that there is some kind of relief when it comes to raw materials and the tariff strategy. So to that point, the specifics are always changing based on the various cost inputs. It's literally a model our people can work every day, depending on what scrap assets and iron assets they have at their disposal. So we continue to look at it as a challenge for us to thrive in our cultures, developed a good competency and we attack it every day. Tristan Gresser BNP Paribas Exane All right. That's very clear. And if you allow me a last one, just the big pictures on tariff on Section 232 tariffs and do you think this time is different versus 2018, are you confident we won't see a dilution in the tariffs and that those sectoral tariffs are going to stay. And I'm talking about steel, but also obviously now aluminum. Mark Millett Co-Founder, Chairman & CEO Well, this is Mark. I don't see -- well, I would say the situation will -- there's no doubt that it will change. But we do believe that TAM will be a mainstay of the trade agreements going forward. I think the -- when you look at the first time of the administration, the renegotiation of NAFTA into the USMCA was an incredible advance on the relationship between Canada and Mexico and ourselves. The increased domestic content and other things than that really, really has helped the U.S., but even more importantly, the North America as a whole. The USMCA is up for renegotiation again in 2026. And it's our belief that the TAF discussions and the trade policy discussions that have gone on between the 3 countries are a prelude to that. But we are confident that, that will get renegotiated into an even better solution for the U.S. Principally, in preventing the -- having poured and melted language in the supply agreement such that it will prevent the leakage of Chinese and Asian and other unfairly traded commodities coming through Canada and coming through Mexico into the states. So I think net-net, I don't believe you'll see these -- the levels as it is today. But I think it's all going to lead to a much better, better trade environment going forward for the long term. Operator Your next question for today is from Phil Gibbs with KeyBanc. Philip Gibbs KeyBanc Capital Markets Inc. Can you explain the benefit of biocarbon and the potential ability to replace other materials. I think I just wanted a better understanding of what it brings to the table. Theresa Wagler Executive VP, CFO & Company Secretary So yes, so what we initially intended biocarbon for is that it will allow us to replace a large portion, the first facility, not the entirety of our anthracite usage as carbon inputs for our steelmaking, so we'll be sending this to our own steel mills so that we can actually reduce the carbon footprint by as much as 35%, but there's also attributes related to the process where we produce some hydrogen as well. So it's pretty unique. There'll be more to come as we start to ramp up the facility. It's very modular based, so we can grow it. And what that can likely help us do in the long term is a couple of things. One, we've talked about in the past is -- we talked about pig iron for a bit already on the call this morning. And if we had additional supply of biocarbon, we could potentially have our own supply of pig iron in the U.S., and it would be considered when to use the terminology green, but would be low carbon. So there's kind of a long investment thesis related to the biocarbon product for us, but it also we found with certain of our OEM customers, it's not something that we'll get into this morning, but they feel like there will be opportunity for different credits to a newer to them as well from a carbon perspective. Where it would really be a superior product that we could certify to in the flat-rolled steel arena. So there's more to come for biocarbon. Just let us get started this quarter, and we'll keep talking about it. Mark Millett Co-Founder, Chairman & CEO Yes. Just to add to that, I think you need to look at it in the broader sense of our whole sort of sustainability strategy and the path to carbon neutrality. There's absolutely no doubt that there's no dilution of focus, particularly from the European automakers and as Barry said, say, the domestic auto sector has suffered a little bit on mainstay or main volume is actually slowing through Mercedes and BMW and VW and a little bit maybe through Volvo. But nonetheless, we're very focused on the European supply. They have not taken their foot off the accelerator relative to carbon footprint and to sustainability. And I think if you look at the penetration that our team has achieved in auto is squarely driven by our sustainability position. And we're leveraging the fact that we already are or already have the lowest carbon footprint mills in the world today. And that's not us saying that, that's European manufacturers and. So it is totally differentiating us in the marketplace. And I think just the award from VW for sustainability here that Barry and Volkswagen went over to Europe to pick up. I mean it was incredible. Philip Gibbs KeyBanc Capital Markets Inc. Thanks, Mark and Theresa. And then as a follow-up, in terms of expectations for Sinton in the third quarter, is there expected to be sequential profit improvement and if there is, what drives it? And then also, what are you -- what are -- what can we define as the dollar headwind associated with that lost production in the second quarter at Sinton? Theresa Wagler Executive VP, CFO & Company Secretary Phil, again, I know everyone is interested in the profitability of sitting specifically. I would say what we believe will drive the significant increase in third and then fourth quarter earnings from Sinton will be one volume, volume, volume, volume. So we do believe that we're going to have higher volume, but also higher value-added product mix, which is key to the profitability at Sinton. And we won't have had the curtailment of the oxygen, and we also had a maintenance outage in April. So there are some key things high level that we have confidence in that will drive that increased profitability. Mark Millett Co-Founder, Chairman & CEO And Theresa, I'd like to add to that. The value-added lines having 2 galvanizing facilities down there now in 2 paint lines, the cost of quality of starting those facilities up, they're expensive products to make. So as we ramp up and get more yielded product to the marketplace, that really significantly reduces the loss cost -- the loss cost on making high quality. So we're very excited about where the teams are getting with the yields and the percent prime that they ship to marketplace. We're also very excited about the antidumping countervailing duties because the -- when you really look at the inventories that surged ahead of the AD CVD rulings, we've been competing with a lot of warehouse material that came from 10 different countries into our country. And those inventories remain and are slowly being worked out the promise of having an actual final rulings here by September helps substantiate that the markets will return to more normal profit contributions. So we're excited about that cost of quality. It was ambitious putting lines in at once, but we're starting to benefit from the team just really becoming professional painters and coaters. So we're excited about that future position because of the improvements the team makes every day. Operator Your next question is from Alex Hacking with Citi. Alexander Hacking Citigroup Inc. You mentioned that you expect fab to see an inflection point. Is that being driven by price or volume or both? Theresa Wagler Executive VP, CFO & Company Secretary Alex, the primary driver of the inflection point for fabrication in coming up here in the third quarter is volume, but there's also stability in the price, which is very supportive. Alexander Hacking Citigroup Inc. Okay. Can I ask a follow-up or just stick to one. Theresa Wagler Executive VP, CFO & Company Secretary Go ahead, everyone else's. Alexander Hacking Citigroup Inc. Okay. So I guess, Barry, in your comments, you talked about some of the enhanced sourcing technology that's available with aluminum scrap, right, and the potential there that you could source more for your rolling mill. In a world where Canada is 50% tariff on primary material, it's a big if, right, going forward, but we'll see. Could you maybe quantify or discuss like the opportunity for Steel Dynamics and more broadly for the U.S. to use more of the scrap that we basically currently export because we can't sort it or for various other reasons. I'm just -- is this something that could be material for Steel Dynamics? Barry Schneider President & COO The investments that Omni have made have really been focused on the existing scrap supply streams. In the United States, over 70% of the steel generated is from arc furnaces and recycled scrap. So the more value we can extract the more those products can find their way back into a high-quality application. So our teams are very focused on all of the different technologies together. We continue to see value with partnering with our customers to be able to segregate that scrap at the very beginning of the supply chain. Those are all products that the American steel producers are very good at getting. OmniSource separates us from the rest because it's such a captive loop that we provide real-time benefit from the scrap yards, the suppliers right into our melt shops. So the secret of getting that value is having a system that allows you to know when you can get the best products into the furnace, 24 hours a day, 7 days a week. And that's the competency our teams have worked very hard together and having a scrap and steel company that are so closely partnered has really allowed us that benefit. So we'll continue to do that. That's where value is. Anytime we can find higher value recycled content, that's what we're all about. Mark Millett Co-Founder, Chairman & CEO And to add to that, obviously, P1020, the tariff is appreciating the cost of that. So the increased recycled content obviously is compounding. But also UBCs today are selling around, it's got back to where they were a year or so ago a 58% discount. It's a 58% discount of a bigger number. And so the spread opportunity enhanced in our minds quite considerably. Operator Your next question for today is from Lawson Winder with Bank of America Securities. Lawson Winder BofA Securities Nice to hear from you, and thank you for the update. On the coated steel overhang that you discussed, are you seeing this overhang dissipated at all now into Q3? And could this potentially mean a sales flow-through benefit into Q3 '25? So could we be potentially modeling an unusual pickup in sales in Q3? Mark Millett Co-Founder, Chairman & CEO I wouldn't call it unusual. I would think it's more returning to levels that we would historically have seen, with spreads between coated and hot-rolled products. We do see the inventories winding down. And more importantly, we don't see more material coming in behind that. And I think that's the significance of the antidumping CBD cases. Those are based on existing trade law and have a long-term window where we look at sunset reviews. -- to watch behavior of certain countries and companies within those countries. So to establish these precedents now in and amongst the 232 discussions -- this creates a level playing field where we can do what we do best. And we see it as returning to the normal profitability levels you would see with these value-added products. Lawson Winder BofA Securities Okay, sure. If I could just add 1 follow-up. On the oxygen availability, could you elaborate on what was driving the supplier's decision to limit that supply? And then just like stepping back and looking at this from like from like a sourcing point of view, is that market particularly tight in the Southwest that it somehow prevents you from finding a backup supply? Mark Millett Co-Founder, Chairman & CEO Well, I think when you think about the Texas community, the petroleum industry is very large down there, as we all know, so we had the opportunity to actually receive the oxygen through a pipeline agreement, whereas sometimes we would more typically have an air separation plant on our site. So this provided us with a good alternative, we believe. We believe it is a good long-term alternative. But when there was a maintenance problem at the supply facility, the entire region to some extent, actually backed off of what they consumed. So we are definitely evaluating whether or not we can invest other technologies on site. That make it more reliable. This isn't something we would anticipate being a regular event, quite surprised that it happened, but happy how we work through it. And so we'll always look at supply chain problems, but we think we have a good supply chain solution here. And going forward, we don't expect it to be an issue. Operator Your next question is from Mike Harris with Goldman Sachs. Michael Harris Goldman Sachs Group, Inc. Just one for me here. you guys highlighted that your steel and aluminum products have overlapping customer bases. But what about the internal sales organization? Is that the same? Or is it a separate sales force? And if the latter, how should we think about the potential SG&A impact as you ramp up on aluminum? Barry Schneider President & COO Well, actually, we have independent sales teams. There are certain markets where our people will overlap for sure because we have such good relationships. So there are some construction areas and in automotive, where our teams will work closer together. But the materials are quite different, particularly in automotive, where the product has to be developed. So we believe it will be positive, but it doesn't allow us to have just one sales team. It will be unique. Theresa Wagler Executive VP, CFO & Company Secretary So Mike, your specific question around ramp-up of the SG&A, you actually are going to see the opposite uniquely because up until this point, because we were on construction, all the costs that weren't capitalizable related to the project actually had to be recorded in SG&A. Now that we're in start-up you're going to start to see those operational costs be appropriately and cost of goods sold. So you're going to see a decline overall in SG&A on the income statement. Operator Your next question for today is from Andrew Jones with UBS. Andrew Jones UBS Investment Bank I have a couple. Just firstly, on the fab side, you're talking about stable price into 3Q. I mean, obviously, post tariffs the substrate price has obviously moved up quite a bit when those were first introduced. I mean do you expect to pass on those higher substrate prices like into 4Q later in the year? Or have we sort of met buyer resistance given current demand levels? And I've got a second one if I follow after it was. Theresa Wagler Executive VP, CFO & Company Secretary Andrew, related to the substrate costs, yes, steel prices as they go up, we only keep around 8 to 10 weeks of steel substrate on the ground in our fabrication operations. So it will go up. But what one has to remember is that volume has a significant cost compression in fabrication. There's not a lot of fixed asset investment. It's more manpower. And so with that, as we have incremental volume, really that profitability drops very quickly to the bottom line. And that's the main driver for what we expect to see for improved profitability in the second half of the year. Andrew Jones UBS Investment Bank But you don't see any scope for really increasing price the current environment? Theresa Wagler Executive VP, CFO & Company Secretary No, I didn't say that, but we don't really talk about pricing commercial aspects or my commercial team is going to get excited with me. So no, that would couldn't be your takeaway. Andrew Jones UBS Investment Bank Yes, sure. And just on -- I mean, follow-up since no one's asked a lot of questions about it. But the -- I don't know if you can give us a ballpark utilization in 2Q or ballpark where the sort of proportion of value-add was that in 2Q? And like just as we go into 3Q, 4Q, how much that's likely to uplift, so we can understand the sort of potential for profitability improvement. Theresa Wagler Executive VP, CFO & Company Secretary I don't have it top of mind, specifically from a percentage basis, Andrew. What I would suggest is if you look at -- we give you the coated volumes for Flat Rolled Products. And if you look at the coated volumes over the last kind of 4 quarters and look at how it's kind of trailed down because of that inventory import situation that we've had in flat roll. Take that into consideration what we consider most of structurals and most of engineered bars value-add, you'll get a pretty good indication of the room we have to grow that volume in the second half of this year. But I'm sorry, I just don't have those metrics top of mind. Andrew Jones UBS Investment Bank And this is question just on the ABI business. I mean you obviously flagged the more supportive market conditions that we're seeing now. I mean I mean it might be difficult to answer it, but that $650 million to $700 million, I mean, what would that look like if we if we put everything on spot today, I mean, do you have any sort of ballpark for how profitable that operation could be at full capacity? Theresa Wagler Executive VP, CFO & Company Secretary Andrew, I'm sorry, that's not something that we would share at this point. We're still leaning in. We like to talk through cycle. That's how we make our investment decisions, both from an acquisition perspective and from greenfield. So we're -- we will stick with the $650 million to $700 million on a through-cycle basis and then let our results speak for themselves in the coming months. Operator Your next question is from John Tumazos, a private investor. John Tumazos John Tumazos Very Independent Research First, you mentioned some aluminum allowing numbers in your presentation, and they were unfamiliar to me. Maybe if David could circulate a message afterwards repeating the alloy numbers and maybe what their chemistries are that would help to educate us on aluminum. More important, -- in terms of qualifying for can sheet and auto sheet in aluminum, what are the dimensions of qualification or the theaters, the customer scrutinizes -- do you have to separately qualify the cleanliness of the scrap, the slab metallurgy gauge in shape, futility, surface coatings, techs what the hurdles are. Mark Millett Co-Founder, Chairman & CEO And it's always good to talk to you because you always seem to be the last question. I don't know why that is. But nonetheless, talking about the series 3,000, 5,000, 6,000. Those are the principal grade groups. So 3,000, you got -- and I'm not super expert on this, but 10 3,000. They tend to be the -- a lot of the industrial grades and the can sheet grades. 5,000 series is more of a heat treated, and then 6,000 tends to be focused principally in automotive. So those are just the different sort of great groups that one has. The -- relative to qualification, it's not dissimilar to qualify and steel, in all honesty, relative to -- from a process standpoint, the will -- in the automotive world, a little bit more detail, but they will look at the whole process from start to finish and have the ISO, whatever and the automotive quality criteria. Can sheet a little different, that tends to be sort of a use type of qualification. Obviously, cleanliness for can sheet given that it's real, real thin it holds beer at pressure, the cleanliness is crucial there. But no great difference, I would say, John, relative between steel and aluminum. Operator Your next question is from Bill Peterson with JPMorgan. William Peterson JPMorgan Chase & Co A lot of my questions have been asked, but I wanted to ask about utilization for the mill. So I guess outside of the normalization of Sinton coming off the oxygen supply issue. How should we think about mill shipments in the third quarter? Does the demand environment you see today support a return of utilization approaching or exceeding 90% in the third quarter? Mark Millett Co-Founder, Chairman & CEO Yes. I think if you look at overall utilization quarter-over-quarter, it was a little disappointing for us, but it was a confluence principally of the oxygen issue in Sinton and then we had our scheduled maintenance outages actually all 3 mills in the quarter, so Butler, Columbus and Sinton. So I think a large portion of that will turn into the third quarter. William Peterson JPMorgan Chase & Co Okay. And I know you don't like to get precise on pricing in the downstream fab business. But wanted to see if there's anything you wanted to call out in terms of mix impacts, mix between joist and deck as it may relate to some of the projects you're expect in the third quarter. Just anything that we should be mindful of? Theresa Wagler Executive VP, CFO & Company Secretary Thanks for the question, Bill. That shift, I know you know fairly well that we've started to get more and more into deck, but consistently now probably for at least the last year, is basically about 50% deck and 50% joist and I don't see that changing in the second half of the year. Operator That concludes our question-and-answer session. I'd now like to turn the floor back over to Mr. Millett for any closing remarks. Mark Millett Co-Founder, Chairman & CEO Thank you, Holly. And just quickly, thank you to everyone on the call today. Thank you for listening and for your time. For those that are investing in us, thank you for your direct support. I would love to have everyone else that's not join the family and talking to family team members, SDI folks had the -- thank you. Thank you for a phenomenal job each and every day. And remember to be absolutely safe for yourselves, for your colleagues and for your family in general. And to the new members join us and partners to SDI through aluminum -- we look forward to working with you in the future. And hopefully, we'll show that we are a totally differentiated company for you to work with. So thank you, everybody. Have a great day. Be safe. Operator Once again, ladies and gentlemen, that concludes today's call. Thank you for your participation, and have a great and safe day.
- 07/22/2025
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STLD's Q2 Earnings and Revenues Miss Estimates Amid Trade Uncertainty
- Steel Dynamics misses second-quarter earnings and revenue estimates as trade tensions and inventory overhang weigh on shipments.
- 07/22/2025
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Reminder: Steel Dynamics Announces Second Quarter 2025 Earnings Conference Call and Webcast
- FORT WAYNE, Ind. , July 22, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), a leading industrial metals solutions company, with facilities located throughout the United States, and in Mexico, today announced it intends to release Second Quarter 2025 financial results after market close on Monday, July 21, 2025.
- 07/22/2025
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Steel Dynamics: Mixed Q2 But Tariffs Should Provide Added Support
- Steel Dynamics faces short-term headwinds from supplier issues and muted demand, but tariff support and backlog strength point to improving Q3 results. Tariffs on steel and aluminum are critical tailwinds, supporting domestic pricing and providing a competitive advantage for STLD's new and existing facilities. Despite near-term earnings pressure and higher costs from expansion projects, I view these as transitory and maintain a midcycle earnings estimate of ~$12.25.
- 07/22/2025
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Compared to Estimates, Steel Dynamics (STLD) Q2 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Steel Dynamics (STLD) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 07/21/2025
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Steel Dynamics (STLD) Q2 Earnings and Revenues Lag Estimates
- Steel Dynamics (STLD) came out with quarterly earnings of $2.01 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $2.72 per share a year ago.
- 07/21/2025
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Steel Dynamics Stock Sinks After Q2 Results Miss Estimates: Details
- Steel Dynamics, Inc. STLD released its second-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter.
- 07/21/2025
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Steel Dynamics Reports Second Quarter 2025 Results
- FORT WAYNE, Ind. , July 21, 2025 /PRNewswire/ -- Second Quarter 2025 Performance Highlights: The company shipped its first aluminum flat rolled product coils June 16, 2025 Steel shipments of 3.3 million tons Net sales of $4.6 billion, operating income of $383 million, and net income of $299 million Adjusted EBITDA of $533 million and cash flow from operations of $302 million Liquidity of $1.9 billion as of June 30, 2025, after repayment of $400 million of senior notes due June 2025 Share repurchases of $200 million of the company's common stock, representing 1.1 percent of its outstanding shares Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced second quarter 2025 financial results.
- 07/21/2025
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Steel Dynamics (STLD) Laps the Stock Market: Here's Why
- The latest trading day saw Steel Dynamics (STLD) settling at $131.15, representing a +2.89% change from its previous close.
- 07/17/2025
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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.
- 07/14/2025
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3 Steel Producer Stocks to Watch Amid Industry Headwinds
- Retreating steel prices, and sluggishness in China and automotive dampen the Zacks Steel Producers industry prospects. NUE, MT and STLD to navigate the challenges.
- 07/14/2025
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Steel Dynamics (STLD) Suffers a Larger Drop Than the General Market: Key Insights
- The latest trading day saw Steel Dynamics (STLD) settling at $135.07, representing a -1.67% change from its previous close.
- 07/11/2025
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Steel Dynamics Honored with 2025 Volkswagen Group Award for Sustainability
- FORT WAYNE, Ind. , July 7, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced today that Volkswagen Group recognized Steel Dynamics with a Volkswagen Group Award for Sustainability.
- 07/07/2025
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Steel Dynamics Announces Second Quarter 2025 Earnings Conference Call and Webcast
- FORT WAYNE, Ind. , July 7, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), a leading industrial metals solutions company, with facilities located throughout the United States, and in Mexico, today announced it intends to release Second Quarter 2025 financial results after market close on Monday, July 21, 2025.
- 07/07/2025
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Steel Dynamics (STLD) Beats Stock Market Upswing: What Investors Need to Know
- The latest trading day saw Steel Dynamics (STLD) settling at $131.5, representing a +2.35% change from its previous close.
- 06/26/2025
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Top Steel Picks for the Coming Infrastructure Boom
- Markets are always looking ahead. So, it was no surprise that steel stocks charged higher in 2021 and 2022 as Congress passed the Infrastructure Investment and Jobs Act (IIJA) in 2021.
- 06/25/2025
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STLD Issues Q2 Guidance, Expects Higher Steel Operations Earnings
- Steel Dynamics projects Q2 EPS of $2.00-$2.04, up from Q1 but down from the prior-year quarter, driven by stronger steel pricing.
- 06/23/2025
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Steel Dynamics (STLD) Declines More Than Market: Some Information for Investors
- Steel Dynamics (STLD) reached $130.11 at the closing of the latest trading day, reflecting a -2.29% change compared to its last close.
- 06/18/2025
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Steel Dynamics 2Q Earnings Target Falls Short of Expectations
- Steel Dynamics is targeting a sequential rise in earnings for the second quarter over the first three months of the year thanks to an widening in metal spreads with the average realized steel pricing increasing more than scrap raw material costs.
- 06/18/2025
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Steel Dynamics Provides Second Quarter 2025 Earnings Guidance
- FORT WAYNE, Ind. , June 18, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter 2025 earnings guidance in the range of $2.00 to $2.04 per diluted share.
- 06/18/2025
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3 Steel Stocks To Get You Through The Market's Troubles
- The S&P Steel Index is gaining in 2025, buoyed by a combination of tariff leverage, robust balance sheets, and strong returns on capital.
- 06/13/2025
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Steel Dynamics (STLD) Falls More Steeply Than Broader Market: What Investors Need to Know
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $130.03, denoting a -2.82% move from the preceding trading day.
- 06/11/2025
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Steel Stocks Slide. Blame Trump's TACO Tuesday.
- Bloomberg reported Tuesday that a quota deal with Mexico would let some steel imports enter the U.S. tariff-free.
- 06/11/2025
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TACO: Tariffs Always Create Opportunity
- Subscribers to Chart of the Week received this commentary on Sunday, June 8.
- 06/10/2025
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The materials sector is set for a broad breakout, says BTIG's Jonathan Krinsky
- Jonathan Krinsky, BTIG chief market technician, joins 'Money Movers' to discuss his bullish call for this small sector to have a big break out.
- 06/05/2025
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EXCLUSIVE: Tariff Titans - Why Cleveland-Cliffs, Nucor, Steel Dynamics Could Outmuscle The Competition
- Steel tariffs are back with a bang, and investors are already positioning for the winners. As the U.S. slaps a prohibitive 50% tariff on imported steel and aluminum, Cleveland-Cliffs Inc CLF, Nucor Corp NUE and Steel Dynamics Inc STLD are emerging as the early champions of this protectionist pivot.
- 06/05/2025
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Better Dividend Stock: Nucor vs. Steel Dynamics
- Nucor (NUE -0.29%) and Steel Dynamics (STLD -1.37%) have a lot of similarities, which makes sense, since Nucor alumni founded Steel Dynamics.
- 06/05/2025
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Steel Dynamics Congratulates Mark D. Millett for Receiving Harbor Aluminum's Gene Greenberg 2025 World's Aluminum Executive of the Year Award
- FORT WAYNE, Ind., June 4, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) congratulates Mark D. Millett for receiving Harbor Aluminum's Gene Greenberg 2025 World's Aluminum Executive of the Year Award. Harbor's Gene Greenberg World's Aluminum Executive of the Year Award honors leaders with integrity who have made significant contributions to technically improve and / or disrupt the aluminum industry for the better.
- 06/04/2025
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3 Stocks Poised for Growth as Trump Doubles Steel Tariffs
- Trump's tariff hike to 50% on steel imports could ignite gains for NUE, STLD and CLF as demand shifts to U.S. producers.
- 06/04/2025
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Trump Doubles Steel and Aluminum Tariffs
- The president ratcheted up the rate on foreign metals to 50 percent, saying the former levies weren't high enough to help the U.S. industry.
- 06/04/2025
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Why Steel Dynamics (STLD) Outpaced the Stock Market Today
- In the most recent trading session, Steel Dynamics (STLD) closed at $136.84, indicating a +0.83% shift from the previous trading day.
- 06/03/2025
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Steel Dynamics Shares Climb After Tariff Announcement
- Domestic steel manufacturing stocks billowed higher to start the week as President Trump doubled down on tariffs on imported metals. The new measures increased the tariff level on imported steel and aluminum to 50%, doubling the previous rate of 25%.
- 06/03/2025
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S&P 500 (NYSEARCA: SPY) Live: Markets Kick Off June in the Doldrums After China Trade Tensions Resurface
- Live Updates Live Coverage Has Ended SPY Turns Positive 3:50 pm by Gerelyn Terzo The SPY ETF has reversed earlier declines and is now headed for a gain of 0.45% on the day. Meanwhile, JPMorgan has expanded its list of top stocks, coinciding with the final month of trading for H1 2025. The analyst firm has reportedly turned more bullish on Take-Two Interactive (Nasdaq: TTWO) and Netflix (Nasdaq: NFLX), joining a cohort that also includes McDonald’s (NYSE: MCD) and Boeing (NYSE: BA). Market Movers 1:01 pm by Gerelyn Terzo Steel Dynamics (Nasdaq: STLD) is out front with a 9.5% gain. Fellow steelmaker Nucor (NYSE: NUE) is rising close to 9% on the steel tariff development. Newmont (NYSE: NEM) is tacking on 6% as the gold price soars and investors run for shelter. GM (NYSE: GM) and Ford (NYSE: F) are lower by 4% and 3%, respectively, as steel import tariffs come into focus. The SPY ETF is currently higher by 0.11%. Factory Sector Slowdown 11:07 am by Gerelyn Terzo U.S. manufacturing activity continued its deceleration in May, marking the third consecutive month of contraction. The Manufacturing PMI registered 48.5%, a slight dip from 48.7% in April. This index, which reflects the health of both the manufacturing and services sectors, signals ongoing weakness. Not surprisingly, the imports segment plunged to its lowest level in almost two decades. Against this backdrop of slowing economic indicators, stocks remain under pressure, including a 1.2% decline in Illinois Tool Works (NYSE: ITW). Conversely, the price of gold is surging, up 2.5% to exceed $3,400 per ounce, as investors increasingly seek a safe haven amidst growing signs of an economic slowdown. The SPY ETF is down 0.08%. S&P 500 Hunts Bottom 10:12 am by Gerelyn Terzo As the first half of 2025 nears the end, some Wall Street analysts are revising their S&P 500 targets. Most recently, RBC analysts have increased their year-end S&P 500 target to 5,730, up from 5,550. However, the prediction, made by RBC’s Lori Calvasina, suggests the broader market index has another 3% to fall based on last week’s closing level. The SPY index remains under pressure and is currently lower by 0.42%. This article will be updated throughout the day, so check back often for more daily updates. The markets are starting off the month of June under pressure. Technology stocks have reversed earlier gains, leaving all three of the major stock market averages lower as of mid-morning trading, including the S&P 500. The overwhelming sentiment among traders and investors is one of tariff-war uncertainty amid rising tensions between the White House and China over a previously reached short-term tariff agreement. In response, stocks are lower and while Treasury yields are being pushed higher, with the 10-year Treasury yield experiencing a 2-basis-point bump to 4.4%. The SPDR S&P 500 ETF (SPY) is currently down 0.60%. Despite the tariff uncertainty, the markets quietly moved higher last month. May witnessed the tech-heavy Nasdaq Composite advance over 9%, while the S&P 500 and Dow Jones Industrial Average climbed higher by 6% and 4%, respectively. Technology stocks fueled much of the gains, led by Big Tech leaders such as Nvidia (Nasdaq: NVDA) and Microsoft (Nasdaq: MSFT). Market Movers Steel stocks are bucking the downward trend in today’s markets. The Trump administration announced a doubling of tariffs on steel imports to 50%, a move directly benefiting U.S. steelmakers. Today, Cleveland-Cliffs is soaring over 22%, Steel Dynamics (Nasdaq: STLD) is up 13.4%, and Nucor (NYSE: NUE) has climbed 11.7%. This sector-wide rally is providing a strong lift to the VanEck Steel ETF, which is up 3% today. Turning to the Dow Jones Industrial Average, analysts predict that Dow component Boeing (NYSE: BA) could ride some tariff-related tailwinds. Bank of America has upgraded BA shares to “buy” with a revised price target of $260, a notable jump from its previous $185. BofA analysts suggest the White House may strategically leverage Boeing’s jetliners as a key negotiating asset in upcoming trade discussions. As a result, BA stock is currently gaining 1.7% The post S&P 500 (NYSEARCA: SPY) Live: Markets Kick Off June in the Doldrums After China Trade Tensions Resurface appeared first on 24/7 Wall St..
- 06/03/2025
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S&P 500 Gains and Losses Today: Steelmakers Rise, Automakers Fall as Trump Pushes Steel Tariff Hike
- Major U.S. equity indices edged higher as June trading kicked off.
- 06/02/2025
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Steel stocks leap after Trump vows to double tariffs to 50%, make Pittsburgh ‘the Steel City again'
- During a Pennsylvania rally on Friday, the president told steelworkers he would hike the tax on steel imports so Pittsburgh would be “respected around the world as the Steel City again.”
- 06/02/2025
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Trump increases steel tariffs from 25% to 50%
- The U.S. imported more than $31 billion worth of steel in 2024. Transcript: While stocks are slumping overall, steel stocks got a big bump to begin the first trading day of June.
- 06/02/2025
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Why Cleveland-Cliffs, Steel Dynamics, and Nucor Corp Are Surging Today (Hint: It Has to Do With President Trump)
- Steel stocks surged this morning after the Trump administration said over the weekend it will double steel and aluminum tariffs from 25% to 50%.
- 06/02/2025
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2 Steel Stocks Soaring as Trump Moves to Double Tariffs
- Cleveland-Cliffs Inc (NYSE:CLF) and Steel Dynamics Inc (NASDAQ:STLD) shares are surging today, after President Donald Trump announced plans over the weekend to double steel tariffs to 50% from 25%, effective Wednesday.
- 06/02/2025
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Steel Dynamics (STLD) Registers a Bigger Fall Than the Market: Important Facts to Note
- In the latest trading session, Steel Dynamics (STLD) closed at $126.72, marking a -1.57% move from the previous day.
- 05/28/2025
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Why Steel Dynamics (STLD) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 05/27/2025
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NUE vs. STLD: Which U.S. Steel Giant Should You Invest in Now?
- NUE and STLD ramp up growth plans as steel prices rebound, with both eyeing profitability through expansion, strong cash flow and shareholder returns.
- 05/27/2025
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Steel Dynamics (STLD) Registers a Bigger Fall Than the Market: Important Facts to Note
- Steel Dynamics (STLD) closed at $129.89 in the latest trading session, marking a -1.75% move from the prior day.
- 05/22/2025
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Steel Dynamics (STLD) Up 7.9% Since Last Earnings Report: Can It Continue?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 05/22/2025
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Prediction: 2 Stocks That Will Be Worth More Than United States Steel 5 Years From Now
- United States Steel's (X 2.19%) place in history is secure, given how important the company was to the creation of the steel industry. But US Steel is no longer the industry-leading company it once was.
- 05/21/2025
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2 No-Brainer Steel Stocks to Buy With $2,000 Right Now
- United States Steel (X -0.41%) has a storied history, but it is a troubled company today. The problem is multifaceted, but a key issue is the way in which US Steel makes steel.
- 05/15/2025
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China Trade Progress: Market Booms On News, Who Will Benefit?
- The U.S. and China agreed to reduce tariffs on each other's goods for 90 days, boosting global equity markets and easing trade tensions. U.S. tariffs on Chinese imports will drop from 145% to 30%, while China will cut tariffs on U.S. goods from 125% to 10%. The tariff reductions are expected to lower input costs, alleviate supply chain pressures, and enhance cross-border commerce in key industries.
- 05/12/2025
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Steel, Aluminum, And Capital: The Steel Dynamics Investment Model
- Steel Dynamics, a leading U.S. steel producer, is expanding into aluminum with a new plant in Mississippi, targeting the high-margin automotive and packaging sectors. The company's vertically integrated model, efficient electric arc furnace technology, and strategic investments drive strong operational performance and financial flexibility. Despite cyclical market challenges, Steel Dynamics' focus on sustainability, infrastructure projects, and robust buyback programs positions it for significant growth and shareholder returns.
- 05/11/2025
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Steel Dynamics Announces Second Quarter 2025 Cash Dividend
- FORT WAYNE, Ind. , April 28, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.50 per common share.
- 04/28/2025
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Brokers Suggest Investing in Steel Dynamics (STLD): Read This Before Placing a Bet
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 04/25/2025
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Steel Dynamics, Inc. (STLD) Q1 2025 Earnings Call Transcript
- Steel Dynamics, Inc. (NASDAQ:STLD ) Q1 2025 Results Conference Call April 23, 2025 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 Katja Jancic - BMO Timna Tanners - Wolfe Research Carlos de Alba - Morgan Stanley Tristan Gresser - BNP Paribas Chris LaFemina - Jefferies Bill Peterson - JPMorgan Mike Harris - Goldman Sachs Andrew Jones - UBS John Tumazos - Very Independent Research, LLC Operator Good day, and welcome to the Steel Dynamics First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 04/23/2025
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Steel Dynamics' Earnings and Revenues Outpace Estimates in Q1
- The steel demand strengthened in Q1, with customer orders rebounding and backlogs growing steadily across STLD's steel and steel fabrication operations.
- 04/23/2025
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3 Stocks to Buy as the Materials Sector Adjusts to the Trade War
- Buy stocks like STLD, ANDE and IPI for steady returns as the focus shifts to the impact of the Trump administration's policies on the materials sector.
- 04/23/2025
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Reminder: Steel Dynamics Announces First Quarter 2025 Earnings Conference Call and Webcast
- FORT WAYNE, Ind. , April 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 First Quarter 2025 financial results after market close on Tuesday, April 22, 2025.
- 04/23/2025
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Steel Dynamics (STLD) Reports Q1 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Steel Dynamics (STLD) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 04/22/2025
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Steel Dynamics (STLD) Q1 Earnings and Revenues Surpass Estimates
- Steel Dynamics (STLD) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $3.67 per share a year ago.
- 04/22/2025
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Steel Dynamics Reports First Quarter 2025 Results
- FORT WAYNE, Ind. , April 22, 2025 /PRNewswire/ -- First Quarter 2025 Performance Highlights: Record steel shipments of 3.5 million tons Net sales of $4.4 billion, operating income of $275 million, and net income of $217 million Adjusted EBITDA of $448 million and cash flow from operations of $153 million, which was reduced by the annual companywide retirement profit-sharing distribution of $165 million in the quarter Strong liquidity of $2.6 billion as of March 31, 2025 Share repurchases of $250 million of the company's common stock, representing 1.3 percent of its outstanding shares First quarter 2025 cash dividend increase of 9 percent Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2025 financial results.
- 04/22/2025
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3 Top Steel Producer Stocks to Buy From a Promising Industry
- The automotive demand recovery, strength in non-residential construction and a rebound in steel prices should enable the Zacks Steel Producers industry to thrive. NUE, STLD and X are set to gain from favorable industry fundamentals.
- 04/21/2025
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Gear Up for Steel Dynamics (STLD) Q1 Earnings: Wall Street Estimates for Key Metrics
- Beyond analysts' top -and-bottom-line estimates for Steel Dynamics (STLD), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
- 04/16/2025
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Steel Dynamics to Post Q1 Earnings: What's in the Offing for the Stock?
- STLD's first-quarter results are likely to have been aided by higher profitability in steel operations.
- 04/16/2025
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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.
- 04/15/2025
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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.
- 04/11/2025
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These 2 Basic Materials Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 04/11/2025
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Steel Dynamics Announces First Quarter 2025 Earnings Conference Call and Webcast
- FORT WAYNE, Ind. , April 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 First Quarter 2025 financial results after market close on Tuesday, April 22, 2025.
- 04/10/2025
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Steel Dynamics (STLD) Advances While Market Declines: Some Information for Investors
- Steel Dynamics (STLD) closed the most recent trading day at $111.04, moving +1.68% from the previous trading session.
- 04/07/2025
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New Tariffs May Bring Liberation to These 3 Steel Stocks
- Everyone is in shock at the sharpest drop in the S&P 500 index recently, bringing back prices not seen since September 2024. The recent volatility breakouts are a function of President Trump's recent trade tariffs, which took effect at the start of April 2025 on most of the biggest trade partners with the United States economy.
- 04/07/2025
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Why Nucor and Steel Dynamics Are Better Bets Than U.S. Steel in 2025 and Beyond
- The best time to buy companies that operate in cyclical industries is often when those industries are facing cyclical downturns. The problem is that you need to make sure you are buying the best of the best, especially if you are a long-term income-focused investor.
- 04/05/2025
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Steel Dynamics: Relatively Well Positioned For Tariff Uncertainty
- Shares of Steel Dynamics dropped 9% due to tariff fears, but the impact may be less negative than for other manufacturers. Tariffs create mixed impacts; they protect US steelmakers but may reduce demand from manufacturers and builders due to higher input costs. STLD's major growth projects, including the Sinton Texas steel mill and a new aluminum plant, are expected to significantly boost profits and cash flow in 2025 and especially 2026.
- 04/04/2025
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3 Stocks to Watch as U.S. Steel Prices Surge More Than 25% YTD
- The surge in U.S. steel prices, driven by tariffs, has created a favorable landscape for American steel producers like NUE, STLD and X.
- 03/27/2025
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21 Upcoming Dividend Increases To Finish Q1
- The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance relevant to certain benchmarks. Top-performing stocks include MPWR, STLD, and JPM. Top REITs include CTR, FR, and REXR for their impressive returns and dividend growth rates.
- 03/26/2025
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Steel Dynamics (STLD) Increases Despite Market Slip: Here's What You Need to Know
- In the latest trading session, Steel Dynamics (STLD) closed at $128.34, marking a +0.27% move from the previous day.
- 03/26/2025
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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.
- 03/18/2025
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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.
- 03/18/2025
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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.
- 03/14/2025
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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.
- 03/13/2025
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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.
- 03/12/2025
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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.
- 03/11/2025
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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.
- 03/05/2025
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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.
- 02/28/2025
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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.
- 02/26/2025
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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.
- 02/25/2025
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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.
- 02/24/2025
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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.
- 02/24/2025
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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?
- 02/21/2025
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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.
- 02/20/2025
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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.
- 02/12/2025
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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.
- 02/10/2025
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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.
- 02/06/2025
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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.
- 01/30/2025
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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.
- 01/27/2025
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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.
- 01/23/2025
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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.
- 01/23/2025
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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.
- 01/23/2025
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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.
- 01/22/2025
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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.
- 01/22/2025
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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.
- 01/22/2025
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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.
- 01/21/2025
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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.
- 01/20/2025
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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.
- 01/17/2025
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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.
- 01/16/2025
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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.
- 01/15/2025
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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.
- 01/14/2025
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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.
- 01/10/2025
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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.
- 01/06/2025
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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.
- 12/31/2024
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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.
- 12/17/2024
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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.
- 12/16/2024
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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.
- 12/16/2024
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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.
- 12/12/2024
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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.
- 12/11/2024
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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.
- 12/04/2024
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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.
- 12/02/2024
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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.
- 11/20/2024
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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?
- 11/15/2024
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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.
- 11/14/2024
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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.
- 11/10/2024
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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.
- 11/04/2024
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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).
- 10/30/2024
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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.
- 10/18/2024
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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.
- 10/17/2024
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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].
- 10/17/2024
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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.
- 10/17/2024
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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.
- 10/16/2024
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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.
- 10/16/2024
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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.
- 10/16/2024
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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.
- 10/15/2024
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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.
- 10/11/2024
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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.
- 10/11/2024
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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.
- 10/11/2024
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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.
- 10/09/2024
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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.
- 10/07/2024
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Steel Dynamics (STLD) Ascends But Remains Behind Market: Some Facts to Note
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $128.22, denoting a +0.53% change from the preceding trading day.
- 10/04/2024
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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.
- 10/02/2024
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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.
- 09/27/2024
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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.
- 09/25/2024
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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.
- 09/17/2024
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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.
- 09/16/2024
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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%.
- 09/13/2024
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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%.
- 09/13/2024
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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.
- 09/10/2024
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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.
- 09/09/2024
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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.
- 09/08/2024
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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.
- 09/05/2024
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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.
- 09/04/2024
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Calls of the Day: Oracle, Autodesk and Steel Dynamics
- The Investment Committee discuss the latest Calls Of The Day.
- 09/03/2024
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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.
- 08/16/2024
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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?
- 08/16/2024
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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.
- 08/11/2024
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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.
- 07/30/2024
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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.
- 07/29/2024
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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.
- 07/18/2024
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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.
- 07/18/2024
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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.
- 07/17/2024
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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.
- 07/17/2024
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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.
- 07/17/2024
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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.
- 07/12/2024
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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.
- 07/12/2024
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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.
- 07/10/2024
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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.
- 07/09/2024
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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.
- 07/05/2024
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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.
- 07/03/2024
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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).
- 07/02/2024
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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.
- 06/26/2024
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Steel Dynamics (STLD) Stock Drops Despite Market Gains: Important Facts to Note
- Steel Dynamics (STLD) closed at $125 in the latest trading session, marking a -1.22% move from the prior day.
- 06/18/2024
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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.
- 06/18/2024
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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.
- 06/18/2024
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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.
- 06/18/2024
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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.
- 06/17/2024
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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.
- 06/17/2024
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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 $121.53, indicating a -1.73% shift from the previous trading day.
- 06/11/2024
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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.
- 06/06/2024
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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 $127.16, denoting a -0.06% change from the preceding trading day.
- 06/05/2024
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Why Steel Dynamics (STLD) Dipped More Than Broader Market Today
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $131.73, denoting a -1.9% change from the preceding trading day.
- 05/29/2024
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Monthly Options Series: Earn A Potentially Consistent 10% Income (June 2024)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable income strategy for Options. In this monthly series, we present how to select the right kind of stocks for options income. We present two lists of 10 stocks with multiple scenarios: PUT options and deep-in-the-money CALL options.
- 05/26/2024
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3 Stocks to Watch in the Face of Biden's China Tariffs
- In an effort to protect American workers and businesses from China's unfair trade practices, the Biden China tariffs consist of increases in tariff rates for a slew of Chinese-made goods. Those include electric vehicles (EVs), solar cells and steel.
- 05/24/2024
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Steel Dynamics (STLD) Increases Despite Market Slip: Here's What You Need to Know
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $133.55, denoting a +0.62% change from the preceding trading day.
- 05/23/2024
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Steel Dynamics (STLD) Up 2.2% Since Last Earnings Report: Can It Continue?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 05/23/2024
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Nippon Steel Acquisition Push; Hecla's 2023 Sustainability Highlights; BHP's Bid For Anglo American Faces Challenges And More: Monday's Top Mining Stories
- Top Stories for May 20, 2024: 1. Nippon Steel is intensifying efforts to secure its $14.1 billion acquisition of United States Steel X despite opposition from union leaders and the Biden administration. Vice Chairman Takahiro Mori will visit Pittsburgh to meet with local staff and officials, while technical teams will assess U.S. Steel mills. Although Nippon Steel aims to finalize the deal before the election, opposition from the United Steelworkers and President Joe Biden has created uncertainty. Union President David McCall opposes the deal due to national defense concerns, which Nippon Steel denies. 2. Hecla Mining HL released its 2023 Sustainability Report, detailing its environmental, social and governance (ESG) performance. Despite operational disruptions from wildfires and weather events, the company focused on workforce safety, environmental stewardship and community well-being while increasing silver production. Key highlights include an $855 million economic impact on local communities, over 40,000 hours of safety training and a 16% lower injury rate than the U.S. average Hecla also reported a 5% increase in women in professional roles, a 36% reduction in GHG emissions from the 2019 baseline and achieving net zero carbon emissions for the third consecutive year with carbon offset credits. Also Read: Silver Rockets To 11-Year Highs, Copper Hits Record Peak, Gold Approaches Historic Close: Mining Stocks’ Wild Ride 3. BHP’s BHP $43 billion bid for Anglo American AAUKF faces challenges, with a looming May 22 deadline and no sign of reciprocation from Anglo. Anglo is currently restructuring and divesting platinum, diamonds and coal assets, while accelerating its focus on copper. Anglo's largest shareholders, BlackRock BLK and South Africa’s Public Investment Corporation could complicate the potential takeover. The takeover by BHP also endangers the $9 billion Woodsmith fertilizer mine in England, raising local job concerns. 4. Jefferies initiated coverage on Steel Dynamics STLD with a Hold Rating and announced a price target of $150. The firm also initiated coverage on Nucor NUE with a Hold Rating and announced a price target of $190. Now Read: Zijin Mining Sets Ambitious 50% Growth Target For Copper Production By 2028 Benzinga Mining is the bridge between mining companies and retail investors. Reach out to licensing@benzinga.com to get connected with the Benzinga community! Photo: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/20/2024
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3 Steel Producer Stocks to Escape Industry Headwinds
- A pullback in steel prices and the sluggishness in China mar prospects for the Zacks Steel Producers industry. STLD, TX and USAP are well poised to navigate the current challenging environment.
- 05/20/2024
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3 Steel Producer Stocks to Escape Industry Headwinds
- The Zacks Steel Producers industry has lost momentum after enjoying a strong recovery during the final quarter of 2023 as steel prices have come under pressure since the beginning of this year. Soft demand in China amid the economic slowdown is also a concern.However, improved demand in the automotive space and a resilient non-residential construction market augur well for the industry. Industry players like Steel Dynamics, Inc. (STLD Quick QuoteSTLD - Free Report) , Ternium S.A. (TX Quick QuoteTX - Free Report) and Universal Stainless & Alloy Products, Inc. (USAP Quick QuoteUSAP - Free Report) are worth a look despite near-term headwinds.About the Industry The Zacks Steel Producers industry serves a vast spectrum of end-use industries such as automotive, construction, appliance, container, packaging, industrial machinery, mining equipment, transportation, and oil and gas with various steel products. These products include hot-rolled and cold-rolled coils and sheets, hot-dipped and galvanized coils and sheets, reinforcing bars, billets and blooms, wire rods, strip mill plates, standard and line pipe, and mechanical tubing products. Steel is primarily produced using two methods — Blast Furnace and Electric Arc Furnace. It is regarded as the backbone of the manufacturing industry. The automotive and construction markets have historically been the largest consumers of steel. Notably, the housing and construction sector is the biggest consumer of steel, accounting for roughly half of the world’s total consumption. What's Shaping the Future of the Steel Producers' Industry? Weaker Steel Prices to Hurt Margins: U.S. steel prices saw a significant downward correction after a strong run during the first three months of 2023. The benchmark hot-rolled coil (HRC) prices tumbled more than 40% from their April 2023 peak of around $1,200 per short ton to below the $700 per short ton level in late September. The downside was partly driven by shorter lead times. The United Auto Workers (UAW) strike and the lower cost of raw materials also weighed on HRC prices. Nevertheless, U.S. steel prices rebounded during the fourth quarter, with HRC prices breaking above $1,000 per short ton in December, driven by U.S. steel mills’ price hike actions and the resolution to the UAW strike. However, the upward momentum has lately hit a speed bump. HRC prices have again come under pressure since the start of 2024 on a pullback in steel mill lead times. Increased imports have also put pressure on steel prices. As such, lower realized prices are expected to weigh on the profitability and cash flows of steel-producing companies over the near term.Slowdown in China a Concern: Steel demand in China, the world’s top consumer of the commodity, has softened due to a slowdown in the country’s economy, following a protracted property crisis and weak global demand. The real estate sector has taken a hard hit amid a decline in new home prices, property investment and housing sales. Notably, real estate accounts for roughly 40% of China's steel consumption. A slowdown in manufacturing activities has led to a contraction in demand for steel in China. The manufacturing sector has taken a beating due to weaker external demand for manufactured goods and a slowdown in infrastructure spending. China has also seen a slowdown in the construction sector. The sluggishness in these key steel-consuming sectors is expected to hurt demand for steel over the short term.Strong Demand in Major Markets Bode Well: Steel producers are set to gain from strong demand across major steel end-use markets, including automotive and construction. They are expected to benefit from higher order booking from the automotive market. Steel demand in automotive is expected to rise on the back of an easing global shortage in semiconductor chips that has weighed heavily on the automotive industry for nearly two years. Also, the UAW reached a deal with the Detroit Big Three in November 2023, ending the roughly six-week strike that weighed on the U.S. steel industry due to a slowdown in automotive demand. The resolution to the UAW strikes augurs well for steel demand. Meanwhile, order activities in the non-residential construction market remain strong, underscoring the inherent strength of this industry. Demand in the energy sector has improved on the back of strength in oil and gas prices. Favorable trends across these markets bode well. Zacks Industry Rank Indicates Downbeat Prospects The Zacks Steel Producers industry is part of the broader Zacks Basic Materials Sector. It carries a Zacks Industry Rank #210, which places it at the bottom 16% of more than 250 Zacks industries.The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates a gloomy near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.Despite the industry’s bleak near-term prospects, we will present a few stocks worth considering for your portfolio. But before that, it’s worth taking a look at the industry’s stock market performance and current valuation. Industry Underperforms S&P 500 The Zacks Steel Producers industry has underperformed the Zacks S&P 500 composite while outperforming the broader Zacks Basic Materials sector over the past year.The industry has gained 16.8% over this period compared with the S&P 500’s rise of 26.6% and the broader sector’s increase of 12.9%. One-Year Price Performance Industry's Current Valuation On the basis of the trailing 12-month enterprise value-to EBITDA (EV/EBITDA) ratio, which is a commonly used multiple for valuing steel stocks, the industry is currently trading at 10.23X, below the S&P 500’s 14.66X and the sector’s 12.14X.Over the past five years, the industry has traded as high as 13.56X, as low as 2.82X and at the median of 7.65X, as the chart below shows. Enterprise Value/EBITDA (EV/EBITDA) Ratio Enterprise Value/EBITDA (EV/EBITDA) Ratio 3 Steel Producers Stocks to Invest In Steel Dynamics: Based in Indiana, Steel Dynamics is a leading steel producer and metals recycler in the United States. It benefits from strong momentum in the non-residential construction sector driven by healthy customer order activity. Steel Dynamics is also currently executing a number of projects that should add to its capacity and boost profitability. STLD is ramping up operations at its new state-of-the-art electric arc furnace flat-rolled steel mill in Texas. Moreover, the value-added flat-rolled steel coating lines, consisting of two paint lines and two galvanizing lines, will enhance the annual value-added flat-rolled steel capacity.Steel Dynamics carries a Zacks Rank #3 (Hold). The Zacks Consensus Estimate for 2024 earnings for STLD has been revised 10.2% upward over the past 60 days. Price and Consensus: STLD Ternium: Based in Luxembourg, Ternium is a leading producer of flat and long steel products in Latin America. It is expected to benefit from strong demand for steel products. Its shipments in Mexico are likely to be aided by healthy demand from industrial customers and a rebound in the commercial market. TX is seeing increased demand in most industrial sectors, including automotive, in Mexico. Demand in automotive remains strong in Brazil while lower interest rates and infrastructure projects are expected to contribute to a pick-up in construction activities. Moreover, the company is benefiting from the cost competitiveness of its facilities. It is also taking actions to boost liquidity and strengthen its financial position.Ternium carries a Zacks Rank #3. TX beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters. In this time frame, it has delivered an average earnings surprise of roughly 37.5%.Price and Consensus: TX Universal Stainless & Alloy Products: Pennsylvania-based Universal Stainless & Alloy Products, carrying a Zacks Rank #3, makes and markets finished and semi-finished specialty steels, including stainless steel, tool steels and other alloy steels. The company is benefiting from strengthening demand in the aerospace market, which is driving its premium alloy sales and the top line. USAP is seeing strong growth in aerospace sales courtesy of increased demand for new airplanes backed by a recovery in air travel. The company is also gaining from a favorable product mix. The completion of its capital project is expected to enable the expansion of its portfolio with technologically advanced, higher-margin products.Universal Stainless & Alloy Products has a projected earnings growth rate of 183% for 2024. The Zacks Consensus Estimate for 2024 earnings has been stable over the past 60 days.Price and Consensus: USAP Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
- 05/20/2024
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5 Best CEFs This Month For A 10% Yield (May 2024)
- For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
- 05/19/2024
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Steel Dynamics, Inc. (STLD) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Steel Dynamics (STLD). This makes it worthwhile to examine what the stock has in store.
- 05/14/2024
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Steel Dynamics Announces Second Quarter 2024 Cash Dividend
- FORT WAYNE, Ind. , May 10, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.46 per common share.
- 05/10/2024
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Best Value Stocks to Buy for April 29th
- PFBC, STLD and MHO made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 29, 2023.
- 04/29/2024
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Steel Dynamics, Inc. (STLD) Q1 2024 Earnings Call Transcript
- Steel Dynamics, Inc. (NASDAQ:STLD ) Q1 2024 Earnings Conference Call April 24, 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 Curt Woodworth - UBS Carlos De Alba - Morgan Stanley Timna Tanners - Wolfe Research Katja Jancic - BMO Capital Markets Lawson Winder - Bank of America Tristan Gresser - BNP Paribas Bill Peterson - JPMorgan John Tumazos - John Tumazos Very Independent Research Operator Good day, and welcome to Steel Dynamics First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 04/24/2024
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Steel Dynamics (STLD) Q1 Earnings Top on Higher Selling Prices
- Higher selling prices in steel operations and near-record steel shipments drive Steel Dynamics' (STLD) earnings in Q1.
- 04/24/2024
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Compared to Estimates, Steel Dynamics (STLD) Q1 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Steel Dynamics (STLD) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 04/23/2024
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Steel Dynamics (STLD) Beats Q1 Earnings Estimates
- Steel Dynamics (STLD) came out with quarterly earnings of $3.67 per share, beating the Zacks Consensus Estimate of $3.54 per share. This compares to earnings of $4.01 per share a year ago.
- 04/23/2024
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Steel Dynamics Reports First Quarter 2024 Results
- FORT WAYNE, Ind. , April 23, 2024 /PRNewswire/ -- First Quarter 2024 Performance Highlights: Steel shipments of 3.3 million tons Net sales of $4.7 billion, operating income of $751 million, net income of $584 million, and adjusted EBITDA of $879 million Cash flow from operations of $355 million, which was reduced by the annual companywide profit-sharing contribution of $265 million in the quarter Strong liquidity of $3.1 billion as of March 31, 2024 Share repurchases of $298 million of the company's common stock, representing 1.5 percent of its outstanding shares First quarter 2024 cash dividend increase of 8 percent Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2024 financial results.
- 04/23/2024
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Why Earnings Season Could Be Great for Steel Dynamics (STLD)
- Steel Dynamics (STLD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/22/2024
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The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs
- Steel stocks have been in focus this week as President Joe Biden has shifted focus to the industry. On April 17, the White House announced plans to enact further tariffs on Chinese-imported steel.
- 04/19/2024
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Curious about Steel Dynamics (STLD) Q1 Performance? Explore Wall Street Estimates for Key Metrics
- Besides Wall Street's top -and-bottom-line estimates for Steel Dynamics (STLD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
- 04/18/2024
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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.
- 04/16/2024
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Final Trades: Shell, Freeport-McMoran and Steel Dynamics
- The Investment Committee give you their top stocks to watch for the second half.
- 04/15/2024
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Steel Dynamics (STLD) Stock Dips While Market Gains: Key Facts
- In the latest trading session, Steel Dynamics (STLD) closed at $144.23, marking a -0.29% move from the previous day.
- 04/11/2024
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Steel Dynamics (STLD) Rises But Trails Market: What Investors Should Know
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $147.27, denoting a +0.38% change from the preceding trading day.
- 04/05/2024
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Steel Dynamics: Secular Tailwinds Are Consistent With Bullish Guidance
- Steel Dynamics shares have performed well, returning over 30% in the past year and reaching a new 52-week high. Despite weaker results in Q4 2023, the company still generated strong profits and free cash flow, with a solid balance sheet. The future outlook for Steel Dynamics remains positive, with strong demand from sectors such as autos, nonresidential construction, and energy, as well as favorable political support for the steel industry.
- 04/03/2024
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22 Q1 Attractive All-Star Dogs From AAII And Barron's
- March 2024 AAII Journal, screens, and a Barron's reporters combined to list two sets of stocks herewith called: “AAII/Barron's All-Stars Q1/24”. The AII article was titled 'Stock Screen All-Stars', and the Barron's piece was ‘5 Small Cap Stocks Poised to Rebound'. Here are 22 stocks of which fourteen pay dividends and one of those was ideal, showing dividends from 1K invested greater than its stock price as of 3/28/24.
- 03/31/2024
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April Showers Bring Market Powers: 7 Stocks to Snatch Up This Spring
- March remained a solid stock season, and all signs point to continued strength if you're looking for stocks to buy in April. Though inflation seems mildly stickier than previously planned, most expect the planned rate cuts to go into effect later this year, creating continued market momentum that's surprisingly hard to shake.
- 03/31/2024
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Steel Dynamics (STLD) Exceeds Market Returns: Some Facts to Consider
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $146.99, denoting a +1.49% change from the preceding trading day.
- 03/27/2024
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Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 03/26/2024
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Final Trades: Steel Dynamics, Sabra Health Care, ASML Holding and Deere
- The Investment Committee give you their top stocks to watch for the second half.
- 03/25/2024
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Steel Dynamics (STLD) Scales 52-Week High: What's Driving It?
- Steel Dynamics (STLD) hits a new 52-week high, driven by upbeat first-quarter earnings guidance and strong operational performance.
- 03/20/2024
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Steel Dynamics (STLD) Projects Higher Sequential Q1 Earnings
- Steel Dynamics (STLD) anticipates improved first-quarter earnings, driven by strong performance in its steel and metals recycling operations, despite a decline in steel fabrication earnings.
- 03/19/2024
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Steel Dynamics (STLD) Surpasses Market Returns: Some Facts Worth Knowing
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $139.97, denoting a +1.5% change from the preceding trading day.
- 03/18/2024
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Strength Seen in Steel Dynamics (STLD): Can Its 4.3% Jump Turn into More Strength?
- 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.
- 03/18/2024
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Steel Dynamics Stock Hits a Record High on 'Meaningfully Stronger' Profitability
- Steel Dynamics (STLD) shares soared to a record high after the steel maker reported much better-than-expected guidance on booming demand.
- 03/15/2024
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Steel Dynamics sees ‘meaningfully stronger' profit amid broad demand growth
- Shares of Steel Dynamics Inc. rallied Friday after the steelmaker provided a first-quarter profit outlook that beat expectations and cited increased shipments across its businesses.
- 03/15/2024
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The Blue-Chip Advantage: 7 Stocks for Investors Who Play to Win
- If the market's dramatic shifts this year have left you feeling dizzy, you're not alone – but blue-chip stocks might be the anchor you need to regain stability. Amidst the current rally (bubble?
- 03/14/2024
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Steel Dynamics (STLD) Rises But Trails Market: What Investors Should Know
- Steel Dynamics (STLD) closed at $131.34 in the latest trading session, marking a +1.09% move from the prior day.
- 03/12/2024
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Steel Dynamics (STLD) Rises Higher Than Market: Key Facts
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $129.96, denoting a +1.14% change from the preceding trading day.
- 03/06/2024
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Steel Dynamics (STLD) Laps the Stock Market: Here's Why
- In the latest trading session, Steel Dynamics (STLD) closed at $133.82, marking a +1% move from the previous day.
- 02/29/2024
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3 Top Steel Stocks Providing Portfolio Strength
- Steel demand is set to spike, and these top steel stocks are among those best positioned to capitalize on the opportunity—analysts at FitchRatings project steel demand to grow by as much as 30 million global tons. The same analysts expect improved margins across most major steelmaking countries (except China, in this case) and North American steel sectors to increase self-reliance and move away from national net import status.
- 02/28/2024
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3 Steel Producer Stocks to Escape Industry Challenges
- Softer steel prices and the China slowdown dampen prospects for the Zacks Steel Producers industry. NUE, STLD and USAP are well poised to navigate the current challenging environment.
- 02/27/2024
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Steel Dynamics (STLD) Increases Q1 Cash Dividend by 8%
- Steel Dynamics (STLD) continuously increases its cash dividend in line with its structural growth strategies.
- 02/27/2024
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Final Trades: JPMorgan Chase, Steel Dynamics, Qualcomm and URNM
- Today's ‘Halftime Report' Investment Committee, Bryn Talkington, Joe Terranova, Jim Lebenthal and Josh Brown, give their top picks to watch for the second half.
- 02/26/2024
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Steel Dynamics (STLD) Exceeds Market Returns: Some Facts to Consider
- In the closing of the recent trading day, Steel Dynamics (STLD) stood at $127.01, denoting a +1.79% change from the preceding trading day.
- 02/23/2024
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Why Is Steel Dynamics (STLD) Up 4.7% Since Last Earnings Report?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 02/22/2024
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Steel Dynamics' (STLD) Q4 Earnings Lag Estimates, Sales Beat
- Steel Dynamics' (STLD) steel operations' profits decline in Q4 due to seasonally lower long product steel shipments and lower prices.
- 01/24/2024
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Here's What Key Metrics Tell Us About Steel Dynamics (STLD) Q4 Earnings
- The headline numbers for Steel Dynamics (STLD) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 01/23/2024
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3 steel stocks to play the manufacturing comeback
- Every new cycle brings on a new set of opportunities to investor portfolios, and markets provide new waves of shifts between sector performances. Today's market is different from the one you witnessed in 2023, where only the most exciting and high-growth names were the ones getting all the attention.
- 01/22/2024
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Top Stocks to Buy as Earnings Approach
- The Q4 earnings season will pick up with a few notable top-ranked Zacks stocks set to release their quarterly results next Tuesday, January 23.
- 01/19/2024
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Why Earnings Season Could Be Great for Steel Dynamics (STLD)
- Steel Dynamics (STLD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 01/16/2024
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This Dividend Growth Stock Is Doing Better Than Wall Street Thinks
- Steel Dynamics is one of the largest steel companies in North America. The company's impressive dividend growth is one of the main attractions for the stock.
- 01/13/2024
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Is Steel Dynamics (STLD) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/03/2024
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Time to Buy Stock in These Steel Producers
- Garnishing spots on the coveted Zacks Rank #1 (Strong Buy) list this week, the strengthening outlooks of these steel producers are hard to overlook at the moment.
- 01/02/2024
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3 Bargain Steel Stocks to Buy in 2024
- Mini-mill operator Steel Dynamics sports a low valuation and is growing at an enticingly rapid rate. Olympic Steel, which processes and distributes steel, may be even cheaper -- and faster growing.
- 01/02/2024
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Steel Dynamics (STLD) Sees Lower Q4 Earnings in Steel Operations
- Steel Dynamics (STLD) anticipates lower Q4 earnings due to reduced profitability in steel operations, offset by robust steel orders, stable pricing and strategic financial initiatives.
- 12/19/2023
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4 Steel Stocks to Buy as X Agrees to $14.9 Billion Deal
- X marked the spot for investors on Monday. Shares of U.S. Steel (NYSE: X ) surged more than 25% on the news that Japan's Nippon Steel had agreed to buy the iconic Pittsburgh-based steel company for $14.9 billion.
- 12/18/2023
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Steel Dynamics Stock Jumps as Company Issues Strong Current Quarter Guidance
- Steel Dynamics (STLD) shares advanced after the steel producer and scrap metal recycler gave current quarter guidance above forecasts on strong orders.
- 12/15/2023
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Steel Dynamics stock rises after company offers consensus-beating guidance for Q4
- Steel Dynamics Inc.'s stock STLD, +3.27% rose 1.6% early Friday, after the company offered fourth-quarter guidance that is ahead of consensus. Fort Wayne, Indiana-based Steel Dynamics said it expects per-share earnings to range from $2.60 to $2.64 for the quarter, down from $3.61 a year ago and the $3.47 booked in the third-quarter.
- 12/15/2023
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Steel Dynamics (STLD) Outperforms Broader Market: What You Need to Know
- In the latest trading session, Steel Dynamics (STLD) closed at $115.36, marking a +1.38% move from the previous day.
- 12/13/2023
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Steel Dynamics (STLD) Ascends But Remains Behind Market: Some Facts to Note
- The latest trading day saw Steel Dynamics (STLD) settling at $114.41, representing a +0.64% change from its previous close.
- 12/07/2023
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Steel Dynamics (STLD) Rises Yet Lags Behind Market: Some Facts Worth Knowing
- In the latest trading session, Steel Dynamics (STLD) closed at $119.75, marking a +0.52% move from the previous day.
- 12/01/2023
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Steel Dynamics (STLD) Stock Jumps 3.2%: Will It Continue to Soar?
- 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.
- 12/01/2023
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Wise Investments: 3 Cheap Stocks With Great Growth Potential
- Growth at a reasonable price is today's theme as we dial in on a few cheap stocks with illustrious growth potential. The Invesco S&P 500 GARP ETF (NYSEARCA: SPGP ) is up by approximately 13% since the turn of the year.
- 11/28/2023
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Earn A Potential 10% Plus Income With Options (December 2023)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable options income strategy. In this monthly series, we present how to go about selecting the right kind of stocks for options income. We present two lists of 10 stocks with multiple scenarios: PUT options, CALL options, and deep-in-the-money CALL options.
- 11/27/2023
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Why is this mutual fund giant cautious about markets in 2024? T. Rowe Price shares its outlook.
- Every year around this time, the giant Baltimore-based investment shop T. Rowe Price Group TROW sends investment managers and strategists to New York City to offer a year-ahead outlook on stocks, bonds and the global economy.
- 11/20/2023
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Steel Dynamics (STLD) Up 10.8% Since Last Earnings Report: Can It Continue?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 11/17/2023
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Steel Dynamics (STLD) Declares $1.5B Share Buyback Authorization
- Steel Dynamics' (STLD) strong operational model, capital structure and liquidity profile provide the required capacity to grow strategically and generate value for shareholders.
- 11/06/2023
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Aim For High Income And Less Risk With Options (November 2023)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable options income strategy. In this monthly series, we present how to go about selecting the right kind of stocks for options income. We present two lists of 10 stocks with multiple scenarios: Put options, call options, and deep-in-the-money call options.
- 10/29/2023
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Lower Steel Prices Hurt Steel Dynamics (STLD) Earnings in Q3
- Lower realized flat rolled steel and steel fabrication prices weigh on Steel Dynamics' (STLD) bottom line in the third quarter.
- 10/19/2023
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Compared to Estimates, Steel Dynamics (STLD) Q3 Earnings: A Look at Key Metrics
- The headline numbers for Steel Dynamics (STLD) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 10/18/2023
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Steel Dynamics (STLD) Q3 Earnings Miss Estimates
- Steel Dynamics (STLD) came out with quarterly earnings of $3.47 per share, missing the Zacks Consensus Estimate of $3.49 per share. This compares to earnings of $5.46 per share a year ago.
- 10/18/2023
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Steel Dynamics (STLD) to Post Q3 Earnings: What's in the Offing?
- Steel Dynamics' (STLD) third-quarter results are likely to have been hurt by weaker profitability in steel operations and lower selling prices.
- 10/13/2023
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Steel Dynamics (STLD) Rises Higher Than Market: Key Facts
- Steel Dynamics (STLD) reachead $110.49 at the closing of the latest trading day, reflecting a +0.67% change compared to its last close.
- 10/11/2023
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Steel Dynamics: A Strong Company At An Attractive Multiple
- Steel Dynamics shares have performed well, rising by about 40% in the past year, despite concerns about an economic slowdown. The company's circular manufacturing model and strong utilization rate help keep costs low and maintain profitability. STLD benefits from strong secular tailwinds, including government policies supporting domestic steel prices and increased nonresidential construction activity.
- 10/09/2023
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U.S. Steelmakers Paint Tepid Q3 Picture as Steel Prices Retreat
- While U.S. steelmakers are seeing firm demand across major end markets, lower steel prices are expected to be a drag on their third-quarter performance.
- 09/20/2023
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Steel Dynamics (STLD) Sees Lower Q3 Steel Operation Earnings
- Steel Dynamics (STLD) expects lower earnings in the third quarter of 2023 due to declining metal spreads, reduced steel prices, and challenges in recycling and fabrication operations.
- 09/19/2023
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Analyzing Steel Dynamics' Dividend Growth Potential
- Steel Dynamics (STLD) is the featured stock in August's Dividend Growth Stocks Model Portfolio.
- 09/14/2023
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Why Is Steel Dynamics (STLD) Up 3.2% Since Last Earnings Report?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 08/18/2023
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These 20 dividend stocks have been the best income growers in the S&P 500
- In the comment section of a recent MarketWatch article listing stocks with high dividend yields that were expected to be well supported by the companies' cash flow, a reader suggested that it would have been useful to look at the stocks' performance as well. After all, if you begin with a high dividend yield but watch share price decline over the years, your overall return might be lousy.
- 08/15/2023
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Here's Why Steel Dynamics Is a No-Brainer Steel Stock
- Nucor is one of the largest and most diversified U.S. steel mills. Steel Dynamics' business is increasingly similar to that of Nucor, its larger peer.
- 07/28/2023
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How To Allocate $15,000 Among 2 ETFs And July's Top 10 Dividend Growth Companies
- My dividend income-oriented investment strategy combines a relatively high Dividend Yield with Dividend Growth, while at the same time prioritizing Total Return. In this article, I will show you how you could implement this investment strategy while allocating $15,000 among 2 dividend-paying ETFs and 10 dividend growth companies that are attractive.
- 07/22/2023
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My Top 10 Dividend Growth Stocks To Invest In For July 2023
- In today's article, I will introduce you to 10 dividend growth companies that I believe are attractive to invest in right now. The 10 selected picks have shown an Average Dividend Growth Rate [CAGR] of 22.27% over the past 5 years. The Average P/E [FWD] Ratio of the selected picks stands at 21.52, which is attractive in my opinion due to the companies' growth perspectives.
- 07/20/2023
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Steel Dynamics' (STLD) Earnings & Sales Lag Estimates in Q2
- The performance in steel operations of Steel Dynamics (STLD) is attributable to considerable metal spread expansion throughout the platform in Q2.
- 07/20/2023
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Steel Dynamics (STLD) Reports Q2 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Steel Dynamics (STLD) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 07/19/2023
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Steel Dynamics (STLD) Q2 Earnings and Revenues Miss Estimates
- Steel Dynamics (STLD) came out with quarterly earnings of $4.81 per share, missing the Zacks Consensus Estimate of $4.82 per share. This compares to earnings of $6.73 per share a year ago.
- 07/19/2023
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3 Stocks With Potentially Big Upcoming Catalysts We're Watching Closely In July
- Steel Dynamics is working to enter a new market, and its shares are down from recent highs. Enterprise Products Partners has a couple of catalysts on the horizon.
- 07/08/2023
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2 Brilliant Stocks to Buy Now and Hold Forever
- Successful companies learn to change and adjust over time to further their growth. Enbridge is a midstream company using carbon-based revenue to shift toward cleaner alternatives.
- 07/06/2023
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It's All About Liquidity - David Trainer
- David Trainer discusses sectors, stocks and investing strategies. For near-term, it's really all about liquidity.
- 07/03/2023
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Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 06/20/2023
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Steel Dynamics (STLD) Sees Solid Q2 Steel Operation Earnings
- Steel Dynamics (STLD) expects improved second-quarter earnings, with stronger profitability in steel operations and steady earnings in metals recycling.
- 06/19/2023
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Markets Ended the Day Lower, but Up for the Week on Inflation, Fed Optimism
- Markets closed lower for the day, higher for the week on lower inflation, expectations the Fed may be pause or halt interest rate hikes.
- 06/16/2023
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Markets Little Changed Midday but on Track for Weekly Gains Heading into Holiday
- U.S. equities were little changed at midday on Friday, June 16, 2023, but on track for a winning week heading into the long holiday weekend.
- 06/16/2023
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Steel Dynamics (STLD) Crossed Above the 50-Day Moving Average: What That Means for Investors
- Steel Dynamics (STLD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, STLD broke through the 50-day moving average, which suggests a short-term bullish trend.
- 06/08/2023
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This Steel Company Is Way Ahead of the Competition on This Key Metric
- One of the biggest problems facing a steel company is the huge cost of running steel mills. A key metric to watch with steel mills is the utilization rate.
- 06/01/2023
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Steel Dynamics: A Steel Stock To Watch
- Steel Dynamics is a high-performing steel stock with a focus on value-added steel products, resulting in strong pricing power and high margins. Despite recent sell-offs, the company remains resilient due to onshoring, increased construction spending, and aluminum expansion.
- 05/21/2023
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What Makes Steel Dynamics (STLD) a New Buy Stock
- Steel Dynamics (STLD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 05/19/2023
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3 Top Ranked Stocks with Substantial Share Buyback Programs
- Stock buybacks, also known as share repurchase programs, are one of several ways for companies to return cash to shareholders. By absorbing a portion of the outstanding shares, a company effectively reduces the share count implicitly boosting the share price.
- 05/15/2023
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The 3 Best Stocks to Buy With $500 Right Now
- Thanks to the advent of fractional share investing, you can take $500 and create a portfolio of numerous stocks. That's part of the democratization of investing.
- 05/10/2023
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Earn Double-Digit Income With Options (May 2023)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate an options income strategy that's sustainable and repeatable.
- 04/29/2023
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Steel Dynamics, Inc. (STLD) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Steel Dynamics (STLD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 04/27/2023
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Is This the Beginning of the End for Steel Dynamics?
- Steel Dynamics confounded the skeptics with a big earnings beat last week. And yet, both revenues and earnings still fell sharply.
- 04/27/2023
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Are Basic Materials Stocks Lagging Steel Dynamics (STLD) This Year?
- Here is how Steel Dynamics (STLD) and Taseko Mines (TGB) have performed compared to their sector so far this year.
- 04/25/2023
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STLD, NUE Set Tone for Steel Producer Earnings: 4 Picks
- While macro concerns are a dampening factor, the secular drivers are strong for steel producers.
- 04/21/2023
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Snap-On and Steel Dynamics Are Top S&P 500 Gainers. Why the Stocks Are Surging.
- The stocks were climbing after solid earnings reports that beat the forecasts of Wall Street analysts.
- 04/20/2023
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Steel Dynamics May Be At A U-Turn Rather Than A Red Light
- The United States Capacity Utilization readings have been on a bouncing rally since a drastic slip in the fourth quarter of 2022. Currently, the nation is reading 79.8% capacity utilization, a still-elevated level risking ongoing inflation, which may not satisfy FED targets and could bring on further rate hikes as a result.
- 04/20/2023
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Steel Dynamics' (STLD) Q1 Earnings Top, Sales Lag Estimates
- Steel Dynamics' (STLD) Q1 performance in steel operations reflects improved demand amid headwinds from reduced selling prices resulting in high metal spread compressions.
- 04/20/2023
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Steel Dynamics (STLD) Q1 Earnings Beat Estimates
- Steel Dynamics (STLD) came out with quarterly earnings of $4.01 per share, beating the Zacks Consensus Estimate of $3.81 per share. This compares to earnings of $6.02 per share a year ago.
- 04/19/2023
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Are Investors Undervaluing Steel Dynamics (STLD) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/19/2023
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If You Invested $2,000 in These 2 Stocks in 1996, You'd Have $43,000 Today
- These two boring stocks have delivered enormous returns for their investors.
- 04/09/2023
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Steel Dynamics, Inc. (STLD) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Steel Dynamics (STLD). This makes it worthwhile to examine what the stock has in store.
- 04/05/2023
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4 Top Steel Producer Stocks to Play the Industry Strength
- A recovery in automotive demand, strength in non-residential construction and a rebound in steel prices should enable the Zacks Steel Producers industry to thrive. NUE, STLD, TX and ZEUS are set to gain from favorable industry fundamentals.
- 04/05/2023
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Why Industrial Stocks Caterpillar, Johnson Controls, and Steel Dynamics Got Smoked Today
- Jobs openings fell more than expected in February. In addition, apartment sales fell the most since the Great Financial Crisis.
- 04/04/2023
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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.
- 04/04/2023
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Johnson & Johnson, Procter & Gamble Among 11 Companies To Continue Dividend Growth In Early April
- Eleven companies announced annual dividend increases in March. Colgate-Palmolive started its 7th decade of dividend growth in March with a 2% boost. Steel Dynamics followed up last year's 31% boost with a 25% increase, resulting in a 63% payout increase since 2022.
- 04/01/2023
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4 Outperforming Steelmakers to Consider
- As the first quarter of 2023 comes to a close, investors are looking at companies that have performed well so far this year.
- 03/31/2023
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Earn Double-Digit Income With Options (April 2023)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate an options income strategy that's sustainable and repeatable.
- 03/27/2023
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18 Upcoming Dividend Increases To Finish Q1
- All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 11.0% and a median increase of 8.4%.
- 03/24/2023
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Why Nucor, Cleveland-Cliffs, and Steel Dynamics Plunged This Week
- Investors ignored the fundamentals and punished steel stocks this week. The tide turned Friday after one major domestic player surprised analysts with its upbeat business outlook.
- 03/17/2023
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Steel Dynamics, Inc. (STLD) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Steel Dynamics (STLD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 03/16/2023
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Steel Dynamics (STLD) Sees Solid Q1 Profits From Steel Operations
- Steel Dynamics (STLD) provides earnings guidance for the first quarter. It expects strong profits from its steel operations backed by a higher level of shipments and a rise in steel demand.
- 03/16/2023
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3 Momentum Anomaly Picks as Silicon Valley Bank Rattles Market
- Steel Dynamics (STLD), Primerica (PRI) and CVR Energy (CVI) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
- 03/14/2023
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You Can't Control a Bear Market, But You Can Control What You Do About It
- Investors should start out understanding that bear markets happen, and there's no point in getting overly upset by it. Distract yourself during bear markets by focusing on dividends.
- 03/12/2023
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12 Stocks Up Big This Year Are Due For A Nasty Fall, Analysts Say
- Hope you enjoyed the rally in S&P 500 stocks this year while it lasted. Analysts are already calling for some of the biggest gainers to fall.
- 03/10/2023
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Steel Dynamics (STLD) Raises Cash Dividend by 25% for Q1
- Steel Dynamics (STLD) announces dividend for the first quarter, increasing it by 25%. This reflects its strong cash-generating capabilities.
- 03/06/2023
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Steel Stocks are Quietly Leading this Market: Is it Too Late to Buy?
- Steel is a key material in building and industrial production, so demand for the metal can be a leading indicator of economic activity
- 03/03/2023
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Steel Dynamics, Inc. (STLD) Soars to 52-Week High, Time to Cash Out?
- Steel Dynamics (STLD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 03/03/2023
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Steel Dynamics Is Growing This Business Line for a Very Good Reason
- The fast-growing American steel mill has followed a very strong path, and its fabricating division is the example of what it's capable of.
- 03/03/2023
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Steel Dynamics, Inc. (STLD) Is a Trending Stock: Facts to Know Before Betting on It
- Steel Dynamics (STLD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 03/02/2023
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4 Stocks to Watch on Dividend Hikes Amid Inflation Worries
- Valmont Industries (VMI), Comerica Incorporated (CMA), RCI Hospitality Holdings (RICK) and Steel Dynamics (STLD) recently hiked dividends.
- 03/02/2023
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Materials Sector is Showing Relative Strength: 3 Stocks to Buy
- All the major sector ETFs had a challenging performance over the last week as well.
- 03/01/2023
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Earn Double-Digit Income With Options (March 2023)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate an options income strategy that's sustainable and repeatable.
- 02/28/2023
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Colgate To Declare 60th Year Of Dividend Growth, 10 Companies Boost Annual Dividends
- The dividend increases continued to come fast and furious in February. Home Depot and Silgan both announced 10%+ increases as Genuine Parts and Walmart extended their dividend growth records.
- 02/27/2023
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9 Stocks Jumped 200% In 3 Years Since Covid Rocked The World
- It's been three years since the Covid crash tanked the S&P 500. But there's been still plenty of ways to make money since.
- 02/22/2023
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Are You Looking for a Top Momentum Pick? Why Steel Dynamics (STLD) is a Great Choice
- Does Steel Dynamics (STLD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/21/2023
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Steel Dynamics (STLD)
- Steel Dynamics (STLD) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 02/21/2023
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Investors Heavily Search Steel Dynamics, Inc. (STLD): Here is What You Need to Know
- Steel Dynamics (STLD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/16/2023
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2 Basic Materials Stocks to Buy for Protection in 2023
- With egg and steel prices remaining above historical levels, Cal-Maine Foods and Commercial Metals look poised to continue benefiting from higher commodity prices.
- 02/15/2023
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STLD Stock Today: Why This Call Option In Steel Dynamics Can Boost Your Return By $585
- On STLD stock, a May 135-strike call option traded recently around $5.85 a share. The post STLD Stock Today: Why This Call Option In Steel Dynamics Can Boost Your Return By $585 appeared first on Investor's Business Daily.
- 02/15/2023
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Grade my trade: MO, RIG & STLD
- CNBC's ‘Halftime Report' investment committee, Kari Firestone, Jim Lebenthal and Joe Terranova, weigh in on Altria, Transocean and Steel Dynamics.
- 02/08/2023
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Nvidia and 5 Other Stocks at High Risk for Short Selling
- 22V Research put together a list of candidates, and said many are likely to see reversals in February.
- 02/03/2023
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Steel Dynamics (STLD) is a Great Momentum Stock: Should You Buy?
- Does Steel Dynamics (STLD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/03/2023
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5 Momentum Stocks for February After a Strong January
- We have narrowed our search to five momentum stocks. These are: URI, NUE, AMP, STLD and ADM.
- 02/02/2023
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Earnings Estimates Moving Higher for Steel Dynamics (STLD): Time to Buy?
- Steel Dynamics (STLD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 01/31/2023
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Steel Dynamics, Inc. (STLD) Q4 2022 Earnings Call Transcript
- Steel Dynamics, Inc. (NASDAQ:STLD ) Q4 2022 Results Conference Call January 26, 2023 10:00 AM ET Company Participants David Lipschitz - Director of Investor Relations Mark Millett - President and Chief Executive Officer Theresa Wagler - Executive Vice President and Chief Financial Officer Conference Call Participants Emily Chieng - Goldman Sachs Carlos De Alba - Morgan Stanley Timna Tanners - Wolfe Research Curtis Woodworth - Credit Suisse AG Tristan Gresser - BNP Paribas Exane Andreas Bokkenheuser - UBS Investment Bank Lawson Winder - BofA Securities John Tumazos - John Tumazos Very Independent Research Operator Good day, and welcome to the Steel Dynamics Fourth Quarter and Full-year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 01/26/2023
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Fast-paced Momentum Stock Steel Dynamics (STLD) Is Still Trading at a Bargain
- Steel Dynamics (STLD) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/26/2023
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Steel Dynamics' (STLD) Q4 Earnings and Sales Beat Estimates
- Steel Dynamics' (STLD) Q4 performance in steel operations reflects headwinds from sequentially lower shipments, reduced selling prices & higher raw material costs.
- 01/26/2023
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Steel Dynamics (STLD) Q4 Earnings and Revenues Surpass Estimates
- Steel Dynamics (STLD) delivered earnings and revenue surprises of 21.39% and 1.99%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/25/2023
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3 Basic Materials Stocks to Buy Before Earnings This Week
- The rising earnings estimate revisions make the possibility of beating Q4 expectations quite plausible for Freeport McMoRan, Nucor, and Steel Dynamic stock and could continue supporting their strong performances.
- 01/23/2023
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Buy 5 Large-Cap U.S. Bigwigs Ahead of Q4 Earnings Next Week
- Five large-cap companies are set to beat earnings estimates next week. These are: URI, FCX, STLD, HAL and AMP.
- 01/20/2023
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Steel Dynamics: Recession? I Don't Think So
- Steel Dynamics is set to benefit from rising steel prices. You simply cannot build renewable power capacity without steel. Steel is critical for the Great Energy transition.
- 01/18/2023
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Why Steel Dynamics (STLD) is Poised to Beat Earnings Estimates Again
- 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.
- 01/17/2023
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Steel Stocks On Fire: Steel Dynamics, Tenaris, US Steel Flash Buy Points
- Steel stocks are attracting strong buying interest as the market searches for direction. The post Steel Stocks On Fire: Steel Dynamics, Tenaris, US Steel Flash Buy Points appeared first on Investor's Business Daily.
- 01/13/2023
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Is Trending Stock Steel Dynamics, Inc. (STLD) a Buy Now?
- Steel Dynamics (STLD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/13/2023
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5 Reasons this Group May "Steel" the Show
- Steel stocks have been outperforming the general market over the past few months. Can the strength persist?
- 01/10/2023
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4 Steel Producer Stocks to Buy From a Promising Industry
- A recovery in automotive demand, strength in non-residential construction and an expected rebound in steel prices should enable the Zacks Steel Producers industry to thrive. NUE, STLD, TMST and ZEUS are set to gain from favorable industry fundamentals.
- 01/10/2023
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Steel Dynamics Announces Fourth Quarter and Full-Year 2022 Earnings Conference Call and Webcast
- FORT WAYNE, Ind. , Jan. 9, 2023 /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 2022 financial results after market close on Wednesday, January 25, 2023.
- 01/09/2023
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Is Steel Dynamics (STLD) Stock Outpacing Its Basic Materials Peers This Year?
- Here is how Steel Dynamics (STLD) and Energy Fuels (UUUU) have performed compared to their sector so far this year.
- 01/09/2023
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2 Top-Rated Steel Stocks to Buy Now
- The growth of Nucor and Steel Dynamics has been impressive over the last two years, and their valuations appear to support more upside ahead with earnings estimate revisions mostly trending higher.
- 01/06/2023
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Nailing the Bright Spot in Turbulent 2023
- Steelmakers are looking attractive right now.
- 01/04/2023
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"Technofundamentals": 3 Top-Ranked Stocks with Strong Fundamentals and Technicals
- Combining fundamentals and technicals can be a rewarding endeavor for investors. Today, we will cover stocks with strong Zack's Rankings that are pulling into key price support levels.
- 01/03/2023
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Options Income Series - Earn Double-Digit Income (January 2023)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate an options income strategy that's sustainable and repeatable.
- 12/31/2022
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These Steelmakers Deserve A Place On Your 2023 Watch List
- Steel stocks including Nucor and Steel Dynamics are bringing holiday cheer to investors as they have potential to benefit from infrastructure spending in 2023.
- 12/23/2022
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Bull Of The Day: Steel Dynamics (STLD)
- After a big move up in price, this stock has come in a little and is seeing earnings estimates move higher
- 12/21/2022
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Why Fast-paced Mover Steel Dynamics (STLD) Is a Great Choice for Value Investors
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Steel Dynamics (STLD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 12/19/2022
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Steel Dynamics (STLD) Sees Lower Q4 Profits From Steel Operations
- Steel Dynamics (STLD) expects profitability from its steel operations to be considerably lower in Q4 due to seasonally lower shipments and metal spread compression.
- 12/19/2022
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Steel Dynamics: The Margin Of Safety Is In The Aluminum Venture
- Steel Dynamics Inc. is a fundamentally sound cyclical steel company. Any analysis and valuation should be based on its performance over the cycle. The conventional approach is to value the steel operations and then add the value of the Non-Operating Assets amounting to USD 2 billion. This results in USD 109 per share.
- 12/18/2022
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Steel Stocks, Mining Giants React As China Iron Ore Consortium Enters Market
- Steel stocks were mixed Friday as mining stocks dropped. A China-run consortium may soon be the biggest buyer of iron ore.
- 12/16/2022
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As 2022 Winds Down, Should You Buy Steel Dynamics Stock at Its All-Time High?
- This year's heroic move is rooted in circumstances that aren't going to remain in place come 2023.
- 12/13/2022
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These 2 Stocks Just Hit All-Time Highs -- and They Could Keep Climbing
- There are some investments that are working out right now.
- 12/10/2022
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3 Steel Stocks That Have Gained More Than 30% This Year
- Steel stocks like Olympic Steel (ZEUS), Commercial Metals (CMC) and Steel Dynamics (STLD) are worth adding to your portfolio based on their strong fundamentals.
- 12/09/2022
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Steel Dynamics, Inc. (STLD) Hits Fresh High: Is There Still Room to Run?
- Steel Dynamics (STLD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 12/08/2022
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Time To Take Profits On These Recent Breakout Stocks?
- Breakout stocks Steel Dynamics and Pinduoduo are hitting new highs and reaching profit targets. The post Time To Take Profits On These Recent Breakout Stocks?
- 12/02/2022
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What Makes Steel Dynamics (STLD) a Strong Momentum Stock: Buy Now?
- Does Steel Dynamics (STLD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/30/2022
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Steel Dynamics (STLD)
- Steel Dynamics (STLD) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/30/2022
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Top 5 Growth Stocks to Gain From a Likely Year-End Rally
- We have narrowed our search to five large-cap growth stocks that have solid upside left for the rest of 2022. These are: ADM, LW, LPLA, DINO and STLD.
- 11/25/2022
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Best Value Stocks to Buy for November 25th
- STLD and CHS made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 25, 2022.
- 11/25/2022
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Why Steel Dynamics (STLD) is a Top Growth Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 11/22/2022
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Why Steel Dynamics Stock Is Up Today
- A share buyback plan has one Wall Street analyst encouraged by the company's capital allocation plans.
- 11/14/2022
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Steel Dynamics: China, The Game Changer
- Steel Dynamics is going to benefit from a substantial change in the steel industry. China's real estate market is the biggest consumer of steel products.
- 11/14/2022
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These Were The Five Best And Worst Performing Basic Materials Stocks In October 2022
- Basic materials, such as metal, concrete and chemicals, form the backbone of the global economy because every sector requires basic materials.
- 11/04/2022
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This Growing Steel Company's Worst Business Is Super Important
- Steel Dynamics saw a big drop in a key business line, but investors need to understand just how important that segment actually is to the whole.
- 11/03/2022
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The 7 Best Boring Stocks to Buy for Red-Hot Returns
- Everyone defines “boring stocks” differently, and everyone has their own ideas about criteria for the best boring stocks. For example, I consider Mexican cement producer Cemex to be an incredibly dull stock.
- 10/31/2022
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S&P 500 Biotech Giant Vertex Leads 5 Stocks Showing Strength
- S&P 500 giant Vertex and Cheniere Energy, the largest U.S. liquefied natural gas producer, are setting up bullishly in the bear market. The post S&P 500 Biotech Giant Vertex Leads 5 Stocks Showing Strength appeared first on Investor's Business Daily.
- 10/22/2022
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Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q3
- Steel Dynamics (STLD) logged record steel shipments of around 3.2 million tons in Q3 on the back of steady steel demand.
- 10/21/2022
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Steel Dynamics, Inc. (STLD) Q3 2022 Earnings Call Transcript
- Steel Dynamics, Inc. (NASDAQ:STLD ) Q3 2022 Earnings Conference Call October 20, 2022 11:30 AM ET Company Participants David Lipschitz - Director, Investor Relations Mark Millett - Chairman, President & Chief Executive Officer Theresa Wagler - Executive Vice President & Chief Financial Officer Conference Call Participants Emily Chieng - Goldman Sachs Carlos De Alba - Morgan Stanley Timna Tanners - Wolfe Research Cleveland Rueckert - UBS Securities Alex Hacking - Citi Curt Woodworth - Credit Suisse Phil Gibbs - KeyBanc Tristan Gresser - BNP Paribas John Tumazos - John Tumazos Independent Research Operator Good day and welcome to the Steel Dynamics' Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 10/20/2022
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Steel Dynamics (STLD) Beats Q3 Earnings and Revenue Estimates
- Steel Dynamics (STLD) delivered earnings and revenue surprises of 9.86% and 3.16%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/19/2022
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Steel Dynamics, Nucor Earnings Due As This Steel Stock Shows Strength
- Steel Dynamics and Nucor are set to report Q3 earnings. Steel prices are down but two steel stocks, including STLD, are near buy points.
- 10/19/2022
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Steel Dynamics Q3 Preview: Can Shares Stay Hot?
- STLD shares have been notably hot in 2022, outperforming their Zacks sector across multiple timeframes and indicating that buyers have been in control.
- 10/17/2022
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3 Steel Producer Stocks to Escape Industry Challenges
- Lower steel prices, soft automotive demand and the China slowdown dampen prospects for the Zacks Steel Producers industry. NUE, STLD and TX are well poised to navigate through the current challenging environment.
- 10/17/2022
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The Institutions May Cap Gains In Steel Dynamics
- Steel Dynamics is expected to report a weak quarter and could easily surprise the analysts but institutional selling may cap gains.
- 10/17/2022
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Steel Dynamics (STLD) to Post Q3 Earnings: What's in the Offing?
- The impacts of weaker prices are likely to reflect on Steel Dynamics' (STLD) third-quarter performance.
- 10/17/2022
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CMC Stock Falls, Prepares To Launch Steel Reporting Season
- CMC stock fell Wednesday with earnings due early Thursday. Fellow steelmakers have given mixed signals as steel prices slide.
- 10/12/2022
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Steel Dynamics: Long, Even With Relaxed Steel Prices
- 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.
- 10/10/2022
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Here's Why Steel Dynamics (STLD) is a Strong Growth Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 10/10/2022
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Steel Dynamics (STLD) Wraps Up Mexican Recycling Company Buyout
- The addition of Roca bolsters Steel Dynamics' (STLD) ferrous and nonferrous raw material procurement strategy.
- 10/06/2022
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Steel Dynamics: Competitive Energy Price Advantage For Foreseeable Future
- 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.
- 09/29/2022
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Here is Why Growth Investors Should Buy Steel Dynamics (STLD) Now
- Steel Dynamics (STLD) could produce exceptional returns because of its solid growth attributes.
- 09/20/2022
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Steel Dynamics Stock Jumps On Strong Profit Forecast
- The company said profitability in the current quarter from the company's steel operations is expected to be historically strong.
- 09/15/2022
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Steel Dynamics stock bounces after providing upbeat profit outlook, a day after rival warned of a profit miss
- 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.
- 09/15/2022
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Is STLD Stock Worth Another Swing Trading Shot?
- Commodity stocks have been strong this year but sector rotations and a lack of length for trends are making progress tough. The post Is STLD Stock Worth Another Swing Trading Shot?
- 09/09/2022
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Why BHP, Freeport-McMoRan, and Steel Dynamics Stocks Sank Thursday
- Commodity prices are under pressure, but some of these stocks are already close to their 52-week lows.
- 09/01/2022
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Why Freeport-McMoRan, Steel Dynamics, and Alcoa Plunged Today
- The materials sector sold off on recession fears.
- 08/30/2022
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Steel Stock Pulls Back As Market Retreats But Remains Near Buy Point
- Despite concerns from analysts over a supply glut, steelmakers continue to form actionable set ups worth considering. The post Steel Stock Pulls Back As Market Retreats But Remains Near Buy Point appeared first on Investor's Business Daily.
- 08/30/2022
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These 5 Steel Stocks Stand Solid, Near Buy Points, As Market Retreats
- Three steel stocks have formed valid bases and are in or near buy zones. However, views conflict on the steel market.
- 08/29/2022
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Why Steel Dynamics Stock Looks Red Hot Today
- 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.
- 08/25/2022
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Why Steel Dynamics (STLD) is a Top Growth Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 08/23/2022
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Steel Dynamics (STLD) Up 19.4% Since Last Earnings Report: Can It Continue?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 08/19/2022
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How This Active Vanguard Stock-Picker Outperforms
- How is the smart money coping with Wall Street's funk? For ideas about how to navigate through a fearsome bear market, check out Sharon Hill of Vanguard.
- 08/05/2022
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The 3 Best Steel Stocks to Buy Now
- This hasn't been a particularly good year for stocks. But June was particularly violent starting on June 8.
- 07/28/2022
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Steel Dynamics CEO Says His Steel Is More High-Tech Than Facebook
- Steel Dynamics CEO Mark Millett co-founded the company. But he started out as a ski bum.
- 07/28/2022
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Why Steel Dynamics Stock Jumped Today
- Steel pricing remains historically strong, helping this company invest in a new growth opportunity.
- 07/25/2022
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Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q2
- Steel Dynamics' (STLD) Q2 results benefit from record steel shipments and higher year-over-year steel prices.
- 07/21/2022
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Steel Dynamics Inc's (STLD) CEO Mark Millett on Q2 2022 Results - Earnings Call Transcript
- Steel Dynamics, Inc. (NASDAQ:STLD ) Q2 2022 Earnings Conference Call July 21, 2022 9:00 AM ET Company Participants David Lipschitz – Director, Investor Relations Mark Millett – Chairman and Chief Executive Officer Theresa Wagler – Executive Vice President and Chief Financial Officer Conference Call Participants Emily Chieng – Goldman Sachs Seth Rosenfeld – BNB Paribas Carlos De Alba – Morgan Stanley Timna Tanners – Wolfe Research Phil Gibbs – KeyBanc Andrew Keches – Barclays Operator Good day, and welcome to the Steel Dynamics Second Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.
- 07/21/2022
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Put Steel In Your Portfolio With Steel Dynamics
- If you want to put some steel in your portfolio look no further than Steel Dynamics (NASDAQ: STLD). The company is engaged in the recycling, processing, fabrication, and sales of steel to the construction and industrial complex and just posted a record quarter.
- 07/21/2022
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Steel Dynamics (STLD) Q2 Earnings and Revenues Beat Estimates
- Steel Dynamics (STLD) delivered earnings and revenue surprises of 6.15% and 2.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/20/2022
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Will Strong Demand Drive Steel Dynamics' (STLD) Q2 Earnings?
- Steel Dynamics' (STLD) second-quarter results are likely to have benefited from demand strength across major markets.
- 07/15/2022
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7 Nasdaq Stocks Trading at a Huge Discount Right Now
- With the markets performing worse than they have in years, finding Nasdaq stocks trading at a discount is easier than ever. The post 7 Nasdaq Stocks Trading at a Huge Discount Right Now appeared first on InvestorPlace.
- 07/15/2022
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Steel Dynamics Announces Second Quarter 2022 Earnings Conference Call and Webcast
- FORT WAYNE, Ind. , July 11, 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 Second Quarter 2022 financial results after market close on Wednesday, July 20, 2022.
- 07/11/2022
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Steel Dynamics (STLD) Earnings Expected to Grow: Should You Buy?
- 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.
- 07/11/2022
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Why Steel Dynamics (STLD) Could Beat Earnings Estimates Again
- 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.
- 07/05/2022
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How This Steel Company Increased Its Dividend by a Huge 31%!
- Steel Dynamics followed its larger peer Nucor with a massive dividend increase. Here's what's behind the big hike.
- 06/30/2022
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Steel Dynamics (STLD) & Aymium Form JV to Cut Steel Emissions
- Steel Dynamics' (STLD) investment marks a major step forward on its path to carbon neutrality, and its continued commitment to lower environmental footprint.
- 06/29/2022
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Steel Dynamics: Reporting All-Time Record Results, Get A 12% Return
- Steel Dynamics preannounced its Q2 2022 results, and its earnings point to record EPS numbers. Steel Dynamics has been busy buying back its shares. If we annualize its buyback plus dividend, investors get a 12% return.
- 06/28/2022
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U.S. Steelmakers Paint Bullish Q2 Outlook Despite Cooling Prices
- While steel prices have witnessed a downward correction, buoyant profit guidance from some major U.S. steel makers has raised optimism about a strong second quarter for the industry.
- 06/17/2022
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Should Value Investors Pick Steel Dynamics (STLD) Stock Now?
- Let's see if Steel Dynamics, Inc. (STLD) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
- 06/16/2022
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Steel Dynamics shares rise on stronger-than-expected profit view
- Steel Dynamics Inc. STLD, +1.45% said Thursday it expects second-quarter adjusted earnings of $6.61 to $6.65 a share, which excludes an impact of 28 cents a share for start-up costs of the steel maker's Sinton Texas mill investment. Including the cost, Steel Dynamics expects to earn $6.33 to $6.37 a share.
- 06/16/2022
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7 Founder-Led Stocks to Buy and Hold Forever
- Founder-led stocks are those whose founder also serves as CEO. This year's Fortune 500 had 21.
- 06/13/2022
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5 Steel Stocks to Tap Underlying Strength
- There is very strong demand ahead for steel producers, so this could be a good time to accumulate some shares.
- 06/13/2022
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5 Stocks With High ROE to Buy as Recession Fears Escalate
- Louisiana-Pacific (LPX), Interpublic (IPG), Qualcomm (QCOM), Steel Dynamics (STLD) and Dillard's (DDS) are some of the stocks with high ROE to profit as investors remain anxious about high inflation data.
- 06/10/2022
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Can Steel Dynamics (STLD) Run Higher on Rising Earnings Estimates?
- Steel Dynamics (STLD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 06/08/2022
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5 Must-Buy Stocks to Gain From Range-Bound Stock Markets
- We have narrowed our search to five U.S. large-cap corporate that have strong growth potential for the rest of 2022. These are: NUE, STLD, PKG, MPC and VLO.
- 06/07/2022
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Fast-paced Momentum Stock Steel Dynamics (STLD) Is Still Trading at a Bargain
- Steel Dynamics (STLD) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 06/03/2022
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Is Steel Dynamics (STLD) Outperforming Other Basic Materials Stocks This Year?
- Here is how Steel Dynamics (STLD) and Innospec (IOSP) have performed compared to their sector so far this year.
- 06/02/2022
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3 Reasons Why Steel Dynamics (STLD) Is a Great Growth Stock
- Steel Dynamics (STLD) could produce exceptional returns because of its solid growth attributes.
- 06/01/2022
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These 3 Stocks Could Finally Become Buys in a Bear Market
- Bear markets present investors with challenges as well as opportunties.
- 05/28/2022
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3 Strong Buy Stocks With Attractive Earnings Growth
- It's vital for investors to find high-quality stocks. One stellar way of filtering out all of the bad apples is by utilizing the Zacks Rank.
- 05/23/2022
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7 Great GARP Stocks to Buy Now
- There's no denying that 2022 has been a brutal year for the stock market. With inflation raging and the Federal Reserve taking a hawkish stance, it's not surprising that growth stocks have seen the brunt of the damage.
- 05/23/2022
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New Strong Buy Stocks for May 23rd
- MRO, STLD, ASO, AN, and TAC have been added to the Zacks Rank #1 (Strong Buy) List on May 23, 2022.
- 05/23/2022
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Why Is Steel Dynamics (STLD) Down 18.8% Since Last Earnings Report?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 05/20/2022
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Steel Dynamics (STLD) Inks Deal to Buy Mexican Recycling Company
- Steel Dynamics' (STLD) acquisition is part of its North American raw material procurement strategy.
- 05/18/2022
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Steel Dynamics (STLD) Crossed Above the 20-Day Moving Average: What That Means for Investors
- Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
- 05/05/2022
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Is Steel Dynamics (STLD) a Solid Growth Stock? 3 Reasons to Think " Yes "
- Steel Dynamics (STLD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 05/02/2022
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Steel Dynamics (STLD) Is Attractively Priced Despite Fast-paced Momentum
- Steel Dynamics (STLD) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 04/29/2022
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Top 5 Stocks With High ROE as Fed Targets Another Rate Hike
- Louisiana-Pacific (LPX), Interpublic (IPG), Steel Dynamics (STLD), Expeditors International (EXPD) and Target (TGT) are some of the stocks with high ROE to profit.
- 04/22/2022
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Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q1 2022 Results - Earnings Call Transcript
- Steel Dynamics, Inc. (NASDAQ:STLD ) Q1 2022 Earnings Conference Call April 21, 2022 9:00 AM ET CompanyParticipants David Lipschitz - Director of Investor Relations Mark Millett - President & Chief Executive Officer Theresa Wagler - Executive Vice President & Chief Financial Officer Conference Call Participants Emily Chieng - Goldman Sachs Michael Glick - JPMorgan David Gagliano - BMO Capital Markets Seth Rosenfeld - BNP Timna Tanners - Wolfe Research Carlos De Alba - Morgan Stanley Curt Woodworth - Credit Suisse Alex Hacking - Citi Operator Good day and welcome to the Steel Dynamics First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 04/21/2022
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U.S. Infrastructure Spending Likely to Drive Markets: 5 Picks
- We have narrowed our search to five stocks that are likely to gain from the Biden administration's infrastructure development legislation. These are: CMC, STLD, ATCX, HEES and MSEX.
- 04/21/2022
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Steel Dynamics Scales New Heights On Record Results
- Steel Dynamics (NASDAQ: STLD) share prices have been scaling new heights on demand and pricing expectations along with the company's efforts to expand to meet that demand. The Q1 results not only confirm those expectations but indicate the business is even healthier than the analysts were predicting.
- 04/21/2022
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Steel Dynamics (STLD) Beats Q1 Earnings and Revenue Estimates
- Steel Dynamics (STLD) delivered earnings and revenue surprises of 7.89% and 6.41%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/20/2022
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5 Must-Buy High-Beta Stocks Flying High in a Volatile Market
- We have selected five large-cap high-beta stocks that have appreciated more than 40% year to date and have more upside left. These are: COP, DVN, MOS, AA and STLD.
- 04/20/2022
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Here are 3 stocks set to benefit from Biden's bill mandating use of U.S.-made steel
- The Biden administration issued guidance to federal agencies requiring materials purchased for projects funded by the infrastructure bill must be.
- 04/19/2022
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Steel Dynamics (STLD) to Post Q1 Earnings: What's in the Offing?
- Steel Dynamics' (STLD) first-quarter results are likely to have benefited from demand strength across key markets.
- 04/18/2022
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7 Materials Stocks to Buy That Help Build Everything
- While many investors are still fixated on tech stocks, the smart investment in this transitioning market is materials stocks. The post 7 Materials Stocks to Buy That Help Build Everything appeared first on InvestorPlace.
- 04/14/2022
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Steel Dynamics (STLD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- 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.
- 04/13/2022
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Steel Dynamics (STLD) Crossed Above the 20-Day Moving Average: What That Means for Investors
- Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
- 04/08/2022
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Steel Dynamics: When Everything Seems To Go Right
- First, I explain why US steel producers are benefiting from high energy prices overseas and the war in Ukraine.
- 04/06/2022
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5 Stocks With High ROE to Bet on as Fed Pledges to Act Tough
- Louisiana-Pacific (LPX), D.R. Horton (DHI), Steel Dynamics (STLD), Expeditors (EXPD) and Target (TGT) are some of the stocks with high ROE to profit as Fed takes a hawkish stance to tame the rising inflationary pressures.
- 04/06/2022
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Steel Dynamics (STLD) Upgraded to Buy: Here's Why
- Steel Dynamics (STLD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 03/28/2022
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Here's Why Momentum Investors Will Love Steel Dynamics (STLD)
- Does Steel Dynamics (STLD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 03/28/2022
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Steel Dynamics (STLD)
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Steel Dynamics (STLD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 03/28/2022
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How Steel Dynamics (STLD) Stock Stands Out in a Strong Industry
- Steel Dynamics (STLD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 03/28/2022
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Steel Dynamics (STLD) Soars to 52-Week High, Time to Cash Out?
- Steel Dynamics (STLD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 03/28/2022
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7 Dividend Stocks to Buy Now for Boosting Payout
- In 2021, dividend stocks increased their payouts by 17%. In 2022, they're expected to average 3%.
- 03/25/2022
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Steel Dynamics (STLD) Gives Q1 View, Sees Lower Flat Roll Profit
- Steel Dynamics (STLD) forecasts earnings guidance for first-quarter 2022 between $5.55 and $5.59 per share.
- 03/17/2022
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Stock Market Soars Ahead Of Key Fed Decision; CVS, Steel Dynamics, GlobalFoundries Power Higher
- Stock Market Extends Gains After Fed Rate Hike; J.B. Hunt, Nvidia, Harmony Biosciences Surge Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
- 03/16/2022
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Steel Dynamics (STLD) Gains As Market Dips: What You Should Know
- Steel Dynamics (STLD) closed the most recent trading day at $77.38, moving +0.38% from the previous trading session.
- 03/04/2022
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Despite Fast-paced Momentum, Steel Dynamics (STLD) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Steel Dynamics (STLD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 03/04/2022
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7 Top Growth Stocks to Carry You Through 2022
- If you're looking for top-performing growth stocks for this year and beyond, these seven stocks are great choices. The post 7 Top Growth Stocks to Carry You Through 2022 appeared first on InvestorPlace.
- 03/02/2022
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Steel Dynamics (STLD) Soars to 52-Week High, Time to Cash Out?
- Steel Dynamics (STLD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 03/02/2022
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Is Steel Dynamics (STLD) Outperforming Other Basic Materials Stocks This Year?
- Here is how Steel Dynamics (STLD) and TimkenSteel (TMST) have performed compared to their sector so far this year.
- 03/02/2022
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7 Metals Stocks to Buy to Mine Profits in 2022
- Investing in metal stocks such as gold, copper, and steel serves as a hedge against inflation, helping diversify investor portfolios. The post 7 Metals Stocks to Buy to Mine Profits in 2022 appeared first on InvestorPlace.
- 02/28/2022
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Why Is Steel Dynamics (STLD) Up 16.5% Since Last Earnings Report?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 02/23/2022
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Steel Dynamics Crushed It in 2021 -- Here's the Proof
- The steel maker had an incredible 2021, breaking a handful of records. Here's a look at what happened and why now probably isn't a great time to buy.
- 02/18/2022
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Steel Dynamics Is A Nimble Sustainability Player In An Infamous Industry
- We can expect a dividend increase this year. Low carbon footprint steel paves way to higher profitability. Steel industry needs to transform to survive.
- 02/08/2022
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Steel Dynamics (STLD) Wraps Up Stake Buy in New Process Steel
- Steel Dynamics (STLD) expects the minority equity interest to help scale up its exposure to value-added manufacturing opportunities.
- 02/01/2022
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Steel Dynamics' earnings are at an all-time high as steel stocks try to recover
- 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.
- 01/25/2022
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Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q4 2021 Results - Earnings Call Transcript
- Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q4 2021 Results - Earnings Call Transcript
- 01/25/2022
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Steel Dynamics Is A Value That Should Not Be Passed Up
- 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.
- 01/25/2022
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Steel Dynamics' (STLD) Q4 Earnings & Revenues Top Estimates
- Steel Dynamics (STLD) benefits from robust steel demand, higher selling prices and significant steel metal spread expansion in Q4.
- 01/25/2022
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Steel Dynamics (STLD) Beats Q4 Earnings and Revenue 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?
- 01/24/2022
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Goldman Sachs Says We're Entering a Commodity "Supercycle." Here Are 3 Names to Play It.
- 2021 was a great year for commodities, but was this a one-year bump, or rather the start of a 10-year cycle?
- 01/23/2022
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Why Steel Dynamics (STLD) Might Surprise This Earnings Season
- Steel Dynamics (STLD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 01/21/2022
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6 Must-Buy Large-Cap Stocks Ahead of Q4 Earnings Next Week
- Six large-cap companies will report earnings next week. These are: TSLA, URI, FCX, VRTX, STLD and BRO.
- 01/21/2022
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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.
- 01/20/2022
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Earnings Previews: Halliburton, IBM, Steel Dynamics
- The news from U.S. airlines Thursday morning was mixed. United Airlines reported results that beat top-line and bottom-line estimates on Wednesday but issued downside guidance for both the first quarter and the fiscal 2022.
- 01/20/2022
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Can Steel Stocks Maintain Their Earnings Momentum in Q4?
- Despite the recent correction, higher year-over-year prices are likely to help steel companies deliver another quarter of strong performance.
- 01/19/2022
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Steel Dynamics (STLD) Stock Sinks As Market Gains: What You Should Know
- In the latest trading session, Steel Dynamics (STLD) closed at $62.21, marking a -0.97% move from the previous day.
- 01/17/2022
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Steel Dynamics (STLD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- 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.
- 01/17/2022
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Steel Dynamics (STLD) Recently Broke Out Above the 200-Day Moving Average
- Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?
- 01/13/2022
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Steel Dynamics (STLD) Recently Broke Out Above the 20-Day Moving Average
- Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
- 01/13/2022
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Steel Dynamics (STLD) Gains But Lags Market: What You Should Know
- Steel Dynamics (STLD) closed the most recent trading day at $60.97, moving +0.63% from the previous trading session.
- 01/11/2022
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7 Safe Stocks for Your Retirement
- In a dynamic market like the one we're in now, it's important to buy safe stocks that will build your nest egg in the years to come. The post 7 Safe Stocks for Your Retirement appeared first on InvestorPlace.
- 01/07/2022
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Steel Dynamics: The New Roll Steel Mill And More M&A Could Push The Stock Price Up
- 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.
- 01/07/2022
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Steel Dynamics Should Benefit From The Commodity Cycle
- Steel Dynamics Should Benefit From The Commodity Cycle
- 01/07/2022
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Steel Dynamics Announces Fourth Quarter and Full-Year 2021 Earnings Conference Call and Webcast
- 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.
- 01/06/2022
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Steel Dynamics (STLD) Gains But Lags Market: What You Should Know
- Steel Dynamics (STLD) closed the most recent trading day at $61.65, moving +0.33% from the previous trading session.
- 12/23/2021
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Best high-growth stocks for 2022
- 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.
- 12/22/2021
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Steel Dynamics (STLD) Stock Moves -0.1%: What You Should Know
- Steel Dynamics (STLD) closed the most recent trading day at $62.34, moving -0.1% from the previous trading session.
- 12/17/2021
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Steel Dynamics (STLD) Expects Record Q4 Earnings on High Demand
- Steel Dynamics (STLD) expects adjusted earnings of $5.69-$5.73 per share for the fourth quarter.
- 12/17/2021
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Steel Dynamics Stock (STLD): Why The Price Increased Today
- The stock price of Steel Dynamics, Inc. (NASDAQ: STLD) increased by over 6% during intraday trading today. This is why it happened.
- 12/16/2021
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Is Steel Dynamics (STLD) Outperforming Other Basic Materials Stocks This Year?
- Here is how Steel Dynamics (STLD) and Veritiv (VRTV) have performed compared to their sector so far this year.
- 12/06/2021
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Steel Dynamics (STLD) Dips More Than Broader Markets: What You Should Know
- Steel Dynamics (STLD) closed at $59.09 in the latest trading session, marking a -1.19% move from the prior day.
- 12/01/2021
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Better Steel Stock: Nucor or Steel Dynamics
- There are a lot of similarities between Nucor and Steel Dynamics, but which one is right for your portfolio?
- 11/24/2021
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Steel Dynamics (STLD) Up 2.9% Since Last Earnings Report: Can It Continue?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 11/17/2021
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Is Steel Dynamics (STLD) Outperforming Other Basic Materials Stocks This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 11/10/2021
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The Momentum Investor: Spotlight On Steel Dynamics
- Strong durable goods demand is supporting steel production. The company just had a solid earnings report that was spotlighted in Investor's Business Daily.
- 10/22/2021
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Steel Dynamics (STLD) Buys 45% Stake in New Process Steel
- Steel Dynamics (STLD) to acquire a minority equity interest in New Process Steel to grow exposure to the value-added manufacturing supply chain.
- 10/20/2021
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Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q3 2021 Results - Earnings Call Transcript
- Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q3 2021 Results - Earnings Call Transcript
- 10/19/2021
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4 Steel Producer Stocks to Play the Industry Strength
- A strong rebound in demand across major end-markets from the pandemic-led downturn and higher steel prices should enable the Zacks Steel Producers industry to thrive. NUE, STLD, TX and X are set to gain from strong industry fundamentals.
- 10/19/2021
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Monday Afternoon Analyst Upgrades and Downgrades: Dow, PNC Financial, Steel Dynamics and More
- Markets turned lower to start out the week, but they've bounced off their lows for the day and could be making their way to positive territory.
- 10/18/2021
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Steel Dynamics: Not Buying The Projected Declines
- Steel Dynamics has enjoyed the surging price of steel as it reported record quarters and year. But now, analysts have projected significant declines over the next couple of years, something I believe is discounting the higher shipping capacity the company has.
- 10/17/2021
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Earnings Previews: Halliburton, Johnson & Johnson, Philip Morris, Procter & Gamble, Steel Dynamics
- The first week of the September-quarter earnings season is now in the books. At a glance, of 24 companies we followed that reported quarterly results this week, only two missed profit estimates and only three missed revenue forecasts.
- 10/15/2021
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Will Record-High Prices Help Steel Stocks Post a Blowout Q3?
- Steel stocks are likely to put up an impressive show this earnings season on the back of robust demand in major end markets and a strong run-up in steel prices.
- 10/14/2021
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Steel Dynamics (STLD) Earnings Expected to Grow: Should You Buy?
- 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.
- 10/11/2021
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Steel Dynamics (STLD) to Post Q3 Earnings: What's in the Offing?
- Steel Dynamics' (STLD) third-quarter results are likely to have benefited from demand strength across key markets and higher domestic steel prices.
- 10/11/2021
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Is Steel Dynamics (STLD) a Solid Growth Stock? 3 Reasons to Think " Yes "
- Steel Dynamics (STLD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 10/07/2021
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Is Steel Dynamics (STLD) Stock Outpacing Its Basic Materials Peers This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 10/07/2021
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Why Steel Dynamics (STLD) Could Be a Top Value Stock Pick
- Steel Dynamics (STLD) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
- 09/28/2021
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Global Steel August Production Slips as China Deepens Curbs
- Crude steel production from China tumbled 13.2% year over year to 83.2 Mt in August as Beijing stepped up measures to curb production to clean up the environment.
- 09/24/2021
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How Steel Dynamics (STLD) Stock Stands Out in a Strong Industry
- Steel Dynamics (STLD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 09/23/2021
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Steelmakers Capitalize Record Prices to Spend Big on New Mills
- The recently announced multi-billion projects from major U.S. steel producers reflect the underlying strength in the domestic steel industry underpinned by strong demand and record-high prices.
- 09/23/2021
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Is Steel Dynamics (STLD) Outperforming Other Basic Materials Stocks This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 09/21/2021
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President And CEO Of Steel Dynamics Makes $4.49 Million Sale
- Mark D Millett, President And CEO at Steel Dynamics (NASDAQ:STLD), made a large insider sell on September 9, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Millett sold 67,686 shares of Steel Dynamics at a price of $66.34 per share.
- 09/10/2021
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Steel Dynamics (STLD) Stock Sinks As Market Gains: What You Should Know
- Steel Dynamics (STLD) closed at $67.04 in the latest trading session, marking a -0.67% move from the prior day.
- 09/01/2021
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4 Steel Stocks to Buy for a Historic Infrastructure Boom
- Steel stocks that are likely to trend higher with big investments coming in the infrastructure sector. Further EBITDA margin expansion likely for these steel companies.
- 08/31/2021
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4 Stocks Shining as Bargains
- If you are screening the market for bargain opportunities among U.S.-listed equities, then you may want to consider the following stocks, since they meet the criteria listed below:
- 08/30/2021
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Steel Dynamics (STLD) Stock Sinks As Market Gains: What You Should Know
- Steel Dynamics (STLD) closed the most recent trading day at $70.50, moving -0.97% from the previous trading session.
- 08/25/2021
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3 Steel Stocks Holding Firm While the Market Melts
- These three steel stocks have been trending upwards and boast the best setups after Wednesday's market swoon. The post 3 Steel Stocks Holding Firm While the Market Melts appeared first on InvestorPlace.
- 08/19/2021
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Why Is Steel Dynamics (STLD) Up 16.5% Since Last Earnings Report?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 08/18/2021
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Why Steel Dynamics (STLD) is a Top Growth Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 08/17/2021
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Steel Dynamics Stock Jumps 16% In A Week – Here's Why
- Steel Dynamics stock has jumped 16% in just the last one week. If we look at the returns over the last ten days and one month, the stock has increased 13% and 19%, respectively.
- 08/17/2021
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What Makes Steel Dynamics (STLD) a Strong Momentum Stock: Buy Now?
- Does Steel Dynamics (STLD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/16/2021
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Steel Dynamics (STLD) Soars to 52-Week High, Time to Cash Out?
- Steel Dynamics (STLD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 08/16/2021
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Growth Stocks Go Down Memory Hole, But Steel Dynamics, Capital One, Burlington Stores Strong
- Growth stocks go down memory hole, but Steel Dynamics, Capital One, Burlington Stores strong Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. Learn more.
- 08/10/2021
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Steel Dynamics Thriving As Efficient Operations Meet Record Prices
- Steel Dynamics Thriving As Efficient Operations Meet Record Prices
- 08/05/2021
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Wall Street Loves Steel, Here's Why You Shouldn't...at Least Right Now
- U.S. steelmakers are posting great results and their stocks have rallied. But now is not the time to jump into this sector.
- 08/03/2021
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Steel Dynamics (STLD) Recently Broke Out Above the 50-Day Moving Average
- Good things could be on the horizon when a stock surpasses the 50-Day simple moving average. How should investors react?
- 07/30/2021
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Has Steel Dynamics (STLD) Outpaced Other Basic Materials Stocks This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 07/26/2021
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Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q2 2021 Results - Earnings Call Transcript
- Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q2 2021 Results - Earnings Call Transcript
- 07/20/2021
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Steel Dynamics (STLD) Earnings and Sales Surpass Estimates in Q2
- Steel Dynamics (STLD) witnessed strong steel demand while shipments and product pricing maintained their positive momentum in Q2.
- 07/20/2021
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Steel Dynamics (STLD) Q2 Earnings and Revenues Top Estimates
- Steel Dynamics (STLD) delivered earnings and revenue surprises of 1.19% and 7.75%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/19/2021
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Steel Dynamics Reports Record Second Quarter 2021 Results
- FORT WAYNE, Ind., July 19, 2021 /PRNewswire/ -- Second Quarter 2021 Highlights: Record steel and fabrication shipments of 2.9 million tons and 189,000 tons, respectively Record net sales of $4.5 billion Record operating income of $956 million and record net income of $702 million Record cash flow from operations of $587 million and record adjusted EBITDA of over $1.0 billion Share repurchases of $393 million of the company's common stock, representing 3% of its outstanding shares Announced new $1.0 billion share repurchase authorization Announced greenhouse gas and renewable energy goals, including steel mill carbon neutrality by 2050 Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced second quarter 2021 financial results.
- 07/19/2021
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Earnings Previews: IBM, PPG, Steel Dynamics
- With the first week of the June-quarter earnings season behind us, we are looking ahead to what the coming week has in store.
- 07/16/2021
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Are Steel Stocks Buckled Up for a Bumper Q2 Earnings Season?
- Steel stocks are likely to put up an impressive show this earnings season, helped by robust demand in major end markets and a strong run-up in steel prices.
- 07/15/2021
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Steel Dynamics (STLD) to Post Q2 Earnings: What's in the Cards?
- Steel Dynamics' (STLD) Q2 results are likely to have benefited from demand strength across key markets and higher domestic steel prices.
- 07/14/2021
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Steel Dynamics (STLD) Reports Next Week: Wall Street Expects Earnings Growth
- 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.
- 07/12/2021
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Is Steel Dynamics (STLD) Stock Outpacing Its Basic Materials Peers This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 07/08/2021
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Steel Dynamics (STLD) Stock Sinks As Market Gains: What You Should Know
- Steel Dynamics (STLD) closed at $60.72 in the latest trading session, marking a -0.31% move from the prior day.
- 07/05/2021
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Buy These 3 Stocks With Momentum Anomaly for Higher Returns
- Steel Dynamics (STLD), AMN Healthcare (AMN) and Star Bulk Carriers (SBLK) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
- 06/30/2021
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Global Steel Production Surges As China Output Hits All-Time High
- Crude steel production from China hit a fresh monthly record of 99.5 Mt in May on firm domestic demand and healthy margins at mills.
- 06/24/2021
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Is Steel Dynamics (STLD) Stock Outpacing Its Basic Materials Peers This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 06/21/2021
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Why Steel Dynamics (STLD) Stock Might be a Great Pick
- Steel Dynamics (STLD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/18/2021
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Zooming Prices Usher in Buoyant Times for Steel Makers: 5 Picks
- The steel industry is firing on all cylinders thanks to soaring steel prices and the demand upsurge across major end-markets. NUE, X, STLD, MT and TX are good options for investment right now.
- 06/17/2021
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Beyond Meat, Citigroup, Coinbase and More Wednesday Afternoon Analyst Calls
- The major indexes were mixed midday Wednesday, after Tuesday saw losses across the board with the Nasdaq being hit the hardest.
- 06/16/2021
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4 Top-Ranked Stocks Boasting High Earnings Yield
- Invest in high earnings yield stocks including STLD, PLCE, MU and ALSN for a winning portfolio.
- 06/11/2021
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4 Steel Producer Stocks to Ride the Booming Industry
- 4 Steel Producer Stocks to Ride the Booming Industry
- 06/11/2021
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Top 5 Picks on Strong Recovery of Global Steel Demand in 2021
- We have narrowed down our search to five steel producers that have rallied more than 30% in the past three months. These are: NUE, TMST, SCHN, STLD and MT.
- 06/09/2021
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Steel Dynamics - How To Deal With New All-Time Highs
- Steel Dynamics stock price is up 130% over the past 12 months as a result of significant pent-up demand, high prices, and favorable imports. STLD has the ability to generate significant free cash flow, which is used to lower net debt and to increase dividends.
- 06/06/2021
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Steel Dynamics (STLD) Gains As Market Dips: What You Should Know
- Steel Dynamics (STLD) closed the most recent trading day at $64.22, moving +0.74% from the previous trading session.
- 06/03/2021
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Is Steel Dynamics (STLD) Stock Outpacing Its Basic Materials Peers This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 06/03/2021
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This Top Basic Materials Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.
- 06/02/2021
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Buy These 3 Stocks With Momentum Anomaly for Higher Returns
- Steel Dynamics (STLD), Harley-Davidson (HOG) and Daqo New Energy (DQ) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
- 05/28/2021
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IVOV: Midcap Value ETF Review
- IVOV strategy and facts. Comparing IVOV with my value model.
- 05/27/2021
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Steel Dynamics (STLD) Outpaces Stock Market Gains: What You Should Know
- Steel Dynamics (STLD) closed at $60.93 in the latest trading session, marking a +1.25% move from the prior day.
- 05/26/2021
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Steel Dynamics Names Mark D. Millett as Chairman of the Board
- FORT WAYNE, Ind., May 24, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that Mark D.
- 05/24/2021
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Steel Dynamics (STLD) Up 26.3% Since Last Earnings Report: Can It Continue?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 05/19/2021
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Has Steel Dynamics (STLD) Outpaced Other Basic Materials Stocks This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 05/18/2021
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Is Steel Dynamics Stock A Good Bet After Its 70% Rally?
- Steel Dynamics stock has seen a formidable rise of 73% in the last six months and it now trades close to $64. After the stock saw a significant fall in early 2020 following the outbreak of the coronavirus pandemic, leading to a drop in steel prices, the stock has rallied from $37 to $64.
- 05/17/2021
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Charles Payne shares top three stocks he 'absolutely loves'
- FOX Business host says the market is 'firing on all cylinders;' but unemployment benefits are 'taking will away to work' on 'Kudlow.' Subscribe to Fox Business!
- 05/06/2021
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Credit Suisse: ‘Let's Not Split Hairs' Over the Steel Supercycle
- From a low of around $450 a ton in late August last year to more than $1,200 a ton by March 1 of this year, the spike in steel prices certainly qualifies as a supercycle.
- 05/04/2021
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Looking for Basic Materials Stocks? The Zacks Rank Can Help You Find Winners
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.
- 04/28/2021
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Steel Dynamics (STLD) Soars 5.3%: Is Further Upside Left in the Stock?
- Steel Dynamics (STLD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
- 04/27/2021
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Steel Dynamics (STLD) Just Reclaimed the 20-Day Moving Average
- Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
- 04/26/2021
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Looking for Basic Materials Stocks? The Zacks Rank Can Help You Find Winners
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.
- 04/22/2021
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Why Steel Dynamics (STLD) Might be Well Poised for a Surge
- Steel Dynamics (STLD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 04/21/2021
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Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q1 2021 Results - Earnings Call Transcript
- Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q1 2021 Results - Earnings Call Transcript
- 04/20/2021
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Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q1
- Steel Dynamics' (STLD) results benefit from near-record steel shipments and higher steel prices in the first quarter.
- 04/20/2021
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Steel Dynamics (STLD) Surpasses Q1 Earnings and Revenue Estimates
- Steel Dynamics (STLD) delivered earnings and revenue surprises of 6.06% and 8.21%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/19/2021
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Steel Dynamics: Q1 Earnings Insights
- Shares of Steel Dynamics (NASDAQ:STLD) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 138.64% year over year to $2.10, which beat the estimate of $1.89.
- 04/19/2021
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Steel Dynamics Reports Record First Quarter 2021 Results
- FORT WAYNE, Ind., April 19, 2021 /PRNewswire/ -- First Quarter 2021 Performance Highlights: Near-record steel shipments of 2.8 million tons and record steel fabrication shipments of 184,000 tons Record net sales of $3.5 billion Record operating income of $594 million and record net income of $431 million Strong cash flow from operations of $262 million and record adjusted EBITDA of $664 million Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2021 financial results.
- 04/19/2021
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Top Steelmaker Stock Near Buy Point With Earnings Due
- STLD stock is near a buy point ahead of Steel Dynamics' first-quarter earnings report after the close. Nucor and Cleveland-Cliffs report on Thursday.
- 04/19/2021
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Markets Await Corporate Earnings
- Markets Await Corporate Earnings
- 04/19/2021
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Coke Beats in Q1; Big Week of Earnings Ahead
- Coca-Cola keeps the string of mostly strong performances alive with notable beats on both top and bottom lines.
- 04/19/2021
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Earnings Previews: Abbott Labs, Harley-Davidson, Steel Dynamics, United Airlines
- More than 300 publicly traded companies are expected to report March quarter earnings next week as earnings season revs up.
- 04/16/2021
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Steel Dynamics Earnings Preview
- Steel Dynamics (NASDAQ:STLD) releases its next round of earnings this Monday, April 19. Here is Benzinga's essential guide to Steel Dynamics's Q1 earnings report.
- 04/16/2021
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5 Steel Stocks to Fortify Your Portfolio Before Their Q1 Earnings
- The steel industry is expected to have a solid first-quarter earnings season on demand and pricing strength. NUE, TX, MT, ZEUS and STLD are worth betting on right now.
- 04/16/2021
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Steel Dynamics Provides Strategic Growth Update Regarding its Flat Roll Steel Operations
- FORT WAYNE, Ind., April 15, 2021 /PRNewswire/ -- Today Steel Dynamics, Inc. (NASDAQ/GS: STLD) provided a strategic update concerning its ongoing and new flat roll steel growth initiatives.
- 04/15/2021
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Steel Dynamics Sees Composite Rating Improve To 96
- The IBD SmartSelect Composite Rating for Steel Dynamics increased from 94 to 96 Thursday. The post Steel Dynamics Sees Composite Rating Improve To 96 appeared first on Investor's Business Daily.
- 04/15/2021
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Should You Buy Steel Dynamics (STLD) Ahead of Earnings?
- Steel Dynamics (STLD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/15/2021
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Steel Dynamics (STLD) to Post Q1 Earnings: What's in the Offing?
- Higher steel prices are likely to have boosted Steel Dynamics' (STLD) revenues and margins in Q1.
- 04/15/2021
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Steel Dynamics (STLD) Gains As Market Dips: What You Should Know
- Steel Dynamics (STLD) closed at $50.82 in the latest trading session, marking a +0.79% move from the prior day.
- 04/14/2021
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Steelmakers Expect Record Earnings: How Investors Can Profit
- Investors can still benefit before the cyclical companies reach peak earnings.
- 04/14/2021
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Can STLD Extend its Bull Run Through Earnings?
- Steel Dynamics, Inc. (NASDAQ:STLD) is one of the largest domestic steel producers and metals recyclers in the United States.
- 04/14/2021
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Base and Industrial Metals Will Keep Rising Thanks to China and Biden
- Industrial metals have pulled back from recent highs, but they believe the backdrop remains positive. They also expect a free cash flow.
- 04/13/2021
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Steel Dynamics (STLD) is a Great Momentum Stock: Should You Buy?
- Does Steel Dynamics (STLD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/13/2021
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Is Steel Dynamics (STLD) Stock Outpacing Its Basic Materials Peers This Year?
- Is (STLD) Outperforming Other Basic Materials Stocks This Year?
- 04/13/2021
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Steel Dynamics (STLD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- 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.
- 04/12/2021
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Will Steel Stocks Post Blowout Q1 on Price Rally, Solid Demand?
- The steel industry witnessed a solid first quarter with steel prices skyrocketing to record highs riding on an upswing in demand and tight supply.
- 04/08/2021
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Why Steel Dynamics Stock Rose 22% in March
- Steel Dynamics had some good news during the month, but the real excitement was over infrastructure spending.
- 04/05/2021
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5 Top Stocks to Buy for Superb Earnings Acceleration
- Steel Dynamics (STLD), EnPro Industries (NPO) & Dropbox (DBX) are a few stocks for which the last two quarter-over-quarter percentage EPS growth rates exceeded the growth rates of the previous periods.
- 04/01/2021
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3 Steel Stocks Heating Up This Week: Do The Charts Say It's Time To Buy?
- Steel stocks have been heating up this week, with bullish moves in a few tickers. United States Steel Corp. (NYSE:X), Steel Dynamics Inc. (NASDAQ:STLD) and Nucor Corp. (NASDAQ:NUE) are three steel movers.
- 03/31/2021
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15 Upcoming Dividend Increases Including 7 REITs
- All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. An average increase of 10.3% and a median increase of 8%.
- 03/26/2021
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Top Ranked Momentum Stocks to Buy for March 26th
- Top Ranked Momentum Stocks to Buy for March 26th
- 03/26/2021
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3 Highly-Ranked Undervalued Stocks
- 3 Highly-Ranked Undervalued Stocks
- 03/19/2021
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7 Metals Stocks Looking Good for Potential $2 Trillion Infrastructure Spending
- Since bottoming out a year ago, metal stocks have been on a nearly unbroken march higher.
- 03/18/2021
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Earnings Estimates Moving Higher for Steel Dynamics (STLD): Time to Buy?
- Steel Dynamics (STLD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 03/18/2021
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Steel Dynamics (STLD) Gives Q1 Earnings View, Sees Strong Demand
- Steel Dynamics (STLD) expects profitability from steel operations to be sequentially higher in Q1 due to flat roll metal spread expansion on continued strong demand.
- 03/18/2021
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Steel Dynamics Provides First Quarter 2021 Earnings Guidance
- FORT WAYNE, Ind., March 17, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided first quarter 2021 earnings guidance in the range of $1.88 to $1.92 per diluted share.
- 03/17/2021
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Find 'Strong Buy' Stocks Amid Market Rebound
- Find 'Strong Buy' Stocks Amid Market Rebound
- 03/17/2021
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6 Stocks with Good Growth Records & Attractive Valuations
- This is a great time to invest in stocks, as long as we have an equally great strategy.
- 03/16/2021
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Steel Dynamics: Still Not A Time To Buy
- 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.
- 03/07/2021
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Why Steel Dynamics Stock Rocketed 21% in February
- The U.S. steelmaker reported earnings in late January, but its stock really got rolling in February. Here's why.
- 03/03/2021
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Dividend Increases: February 20-26, 2021
- Dividend Increases: February 20-26, 2021
- 02/28/2021
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Why Is Steel Dynamics (STLD) Up 9.4% Since Last Earnings Report?
- Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
- 02/24/2021
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Steel Dynamics Ideally Positioned To Leverage Soaring Steel Prices
- 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.
- 02/12/2021
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Steel Dynamics' (STLD) Earnings and Sales Top Estimates in Q4
- Steel Dynamics' (STLD) results benefit from strong demand and higher steel prices in the fourth quarter.
- 01/27/2021
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Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q4 2020 Results - Earnings Call Transcript
- Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q4 2020 Results - Earnings Call Transcript
- 01/26/2021
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Recap: Steel Dynamics Q4 Earnings
- 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.
- 01/25/2021
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Today's Stock Market News & Events: 1/24/2021
- The first month of 2021 is set to end with a packed schedule, full of economic data and loads of earnings reports.
- 01/25/2021
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Is a Surprise Coming for Steel Dynamics (STLD) This Earnings Season?
- Steel Dynamics (STLD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 01/21/2021
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Steel Dynamics (STLD) to Post Q4 Earnings: What's in the Cards?
- Steel Dynamics' (STLD) fourth-quarter results are likely to have benefited from demand strength across key markets and higher domestic steel prices.
- 01/21/2021
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Top Materials Stocks for February 2021
- These are the materials stocks with the best value, fastest growth, and most momentum for February 2021.
- 01/14/2021
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Steel Industry Starts 2021 on Upbeat Mood: 5 Solid Picks
- The steel industry is on an upward trajectory on rising demand across critically important end-markets, surging prices and prospects of infrastructure stimulus.
- 01/12/2021
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Steel Dynamics: Wait For The Coming Price Decline
- SDI is a group with strong fundamentals but is currently trading at a price that does not provide much margin of safety. It has a current Price to Book multiple of 1.8. Over the past decade, the Price to Book has ranged from 0.8 to 3.0 with an average of 1.6.
- 01/07/2021
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Final Trades: L Brands, Steel Dynamics, Bitcoin & more
- The "Halftime Report" traders give their top picks to watch as the New Year begins.
- 01/06/2021
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Is Steel Dynamics (STLD) a Good Value Investor Stock Now?
- Let's see if Steel Dynamics (STLD) stock is a good choice for value-oriented investors right now from multiple angles.
- 12/31/2020
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Top Stock Picks for Week of December 28, 2020
- Two Stocks With an Upward Moving Earnings Outlook.
- 12/29/2020
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Bull of the Day: Steel Dynamics (STLD)
- Bull of the Day: Steel Dynamics (STLD)
- 12/22/2020
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Steel Dynamics (STLD) Announces Earnings Guidance for Q4
- Steel Dynamics (STLD) provides guidance for Q4 earnings, which is expected to be, higher both on a year-over-year and sequential basis.
- 12/21/2020
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Steel Dynamics Announces Steel Operations Leadership Appointments
- 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...
- 12/18/2020
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Steel Dynamics stock rises after upbeat fourth-quarter profit outlook
- 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.
- 12/17/2020
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5 Top Stocks to Make the Most of Relative Price Strength
- Winnebago Industries (WGO), LP Building Solutions (LPX), Steel Dynamics (STLD), TTEC Holdings (TTEC) and Williams-Sonoma (WSM) are five stocks with explosive relative price strength.
- 12/16/2020
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3 Low Price-Sales Ratio Stock Picks
- Value investors may be interested in the stocks listed below, as they have low price-sales ratios, good profitability and solid financial conditions. These three characteristics result in a high probability that these stocks could be value opportunities, in my opinion.
- 12/14/2020
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Orderly Rally For Steel Dynamics Over The Last 7 Months May Be Slightly Overdone
- Steel Dynamics has experienced a very orderly rally off of its March low, but the stock has entered overbought territory. Like many other companies in the materials sector, Steel Dynamics has seen its earnings and revenue hurt by the pandemic.
- 11/30/2020
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Global Steel October Production Up Even as China Output Cools
- Crude steel production from China shot up 12.7% year over year to 92.2 Mt in October, easing from 92.6 Mt in September.
- 11/26/2020
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These 2 Infrastructure Stocks Should Thrive After the Election
- These manufacturers strengthened relative to their peers through the pandemic and are in position to take advantage of the growing need for infrastructure investments.
- 10/27/2020
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