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Steel Dynamics, Inc.STLD
USD
-1.08 (-0.86%)
Apr 1, 2025, 4:00 PM - At close
USD
+1.00 (0.81%)
Apr 1, 2025, 5:10 PM EDT - Until the end
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Overview >
Market Cap
18.59B
Revenue (ttm)
17.54B
Net Income (ttm)
1.54B
Shares Out
149.90M
EPS (ttm)
9.84
PE Ratio
12.60
Forward PE
12.96
Dividend
$2.00 (1.61%)
Ex-Dividend Date
Mar 31, 2025
Volume
1,217,761
Open
124.10
Previous Close
125.08
Day's Range
122.50 - 125.19
52-Week Range
104.60 - 155.56
Beta
1.36
Analysts
Strong Buy
Price Target
149.27 (+20.38%)
Earnings Date
Apr 22, 2025
Description >

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.

Latest News >
Exchange-Traded Funds, Equity Futures Rise Pre-Bell Friday Ahead of Key Inflation Data
Exchange-Traded Funds, Equity Futures Rise Pre-Bell Friday Ahead of Key Inflation Data
Aug 30, 2024
08:17 AM EDT, 08/30/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.5% and the actively traded Invesco QQQ Trust (QQQ) was 0.9% higher in Friday's premarket activity, as investors hope for positive signs of a potential Federal Reserve interest rate cut from the upcoming personal consumption expenditure price index....
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
Aug 30, 2024
(Reuters) - Intel's ( INTC ) shares rose more than 3% before the bell on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor enthusiasm after one of the stock's worst slumps in decades. The company is working with investment bankers and considering various options such as separating...
Fed's Preferred Inflation Metric Looms as US Equity Futures Rise Pre-Bell
Fed's Preferred Inflation Metric Looms as US Equity Futures Rise Pre-Bell
Aug 30, 2024
08:22 AM EDT, 08/30/2024 (MT Newswires) -- US equity futures were higher Friday premarket as traders braced for the Federal Reserve's preferred measure of inflation. The Dow Jones Industrial Average futures increased 0.2%, S&P 500 futures rose 0.5%, and Nasdaq futures were up 0.8%. Oil prices were little changed, with front-month global benchmark North Sea Brent crude hovering near the...
Fed's Preferred Inflation Gauge Falls Short Of Expectations In July, Personal Spending Accelerates
Fed's Preferred Inflation Gauge Falls Short Of Expectations In July, Personal Spending Accelerates
Aug 30, 2024
After three consecutive months of decline, the Federal Reserve’s preferred measure of inflation held steady in July, although it came in slightly below market forecasts. The Personal Consumption Expenditures (PCE) Price Index increased by 2.5% in July 2024 compared to the same period last year, according to government data released Friday. Alongside this inflation data, both personal spending and spending...
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