Record shipments and surging steel spreads delivered a 33% revenue beat as the steelmaker posted $6.09B in sales and $3.69 EPS, with management now guiding for strong demand through 2027 as aluminum mill ramp-up accelerates toward full capacity.
Steel Dynamics :
STLD
STLD
Stock Data
$262.45
$0.97 (0.37%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
BASIC MATERIALS
Industry
STEEL
Steel Dynamics Inc is a key player in the steel production and metal recycling industry in the United States. It manufactures a wide range of steel products including hot and cold rolled steel, coated steel, and various structural shapes used in construction, automotive, and manufacturing sectors. The company also specializes in metal recycling, processing both ferrous and nonferrous scrap metals. Additionally, Steel Dynamics produces steel components for non-residential buildings and offers recycled aluminum flat rolled products. Founded in 1993, it is based in Fort Wayne, Indiana, and serves a diverse market, including exporting its products.
Latest Activity
Steel Dynamics reports quarterly results after the bell, with infrastructure spend and steel demand intensity on watch as a broad gauge of industrial capacity utilization.
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All Steel Dynamics Articles
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