STEEL DYNAMICS INC News
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, girders, trusses, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, owners, brokers, governmental entities, and e-commerce data centers and warehouses. The company also exports its products. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.
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Steel Dynamics Shares Dip Over 3% as Q3 2026 Earnings Reveal Aluminum Unit Challenges
- Steel Dynamics (STLD) stock fell 3.04% on November 4 after Q3 earnings showed robust steel shipments and profits, but ongoing losses in its aluminum business weighed on investor sentiment.
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Steel Dynamics Posts Record Q3 Shipments and Earnings; Stock Slides Despite Strong Top-Line Performance
Steel Dynamics delivered record third‑quarter steel shipments and robust net income but saw its stock dip 8% as EPS lagged expectations.
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Steel Dynamics Strengthens Leadership with Metals Recycling Head Appointment
Steel Dynamics (STLD) appointed Matt Bell as head of its metals recycling platform, highlighting strategic emphasis amid strong Q2 performance and stock trading near $241.
22 Sep at 11:04
Steel Dynamics’ Q3 2026 Earnings Guidance Underwhelms Market, Weighing on STLD Stock
Steel Dynamics’ (STLD) Q3 2026 EPS guidance of $5.34–$5.38 falls short of elevated expectations, prompting a pullback amid uncertainty over Canadian steel tariffs.
08 Sep at 11:04
Steel Dynamics’ Q2 Aluminum Ramp-Up and Dividend Boost Investor Confidence
Steel Dynamics declares a $0.53 Q3 dividend and advances aluminum mill commissioning, following record Q2 steel shipments and robust recycling gains.