STOCK TITAN
  1. Home
  2. News
  3. STLD

Steel Dynamics Inc. - STLD STOCK NEWS

Welcome to our dedicated news page for Steel Dynamics (Ticker: STLD), a resource for investors and traders seeking the latest updates and insights on Steel Dynamics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Steel Dynamics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Steel Dynamics's position in the market.

News
Gulf Inland Logistics Park Sells 55 Acres to OmniSource, a Subsidiary of Steel Dynamics Inc.
Rhea-AI Summary
OmniSource LLC, a subsidiary of Steel Dynamics, Inc. (NASDAQ: STLD), has acquired a 55-acre rail-served tract within Gulf Inland Logistics Park to expand its metals recycling operations along the Gulf Coast. The expansion is part of OmniSource's growth strategy, aiming to enhance its capacity to cater to customer demands and extend its footprint throughout the southern United States. The facility is expected to open in 2024 and will include rail and supporting services provided by Liberty Development Partners and CMC Railroad.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
none
-
News
Steel Dynamics Announces Additional $1.5 Billion Share Repurchase Authorization and Fourth Quarter 2023 Cash Dividend
Rhea-AI Summary
Steel Dynamics, Inc. (NASDAQ/GS: STLD) has authorized an additional share repurchase program of $1.5 billion, bringing the total repurchase program to $3 billion. The company has repurchased $5.2 billion of its common stock since 2017, representing 36% of its outstanding shares. They have also declared a quarterly cash dividend of $0.425 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
buyback dividends earnings
-
News
Steel Dynamics Reports Third Quarter 2023 Results
Rhea-AI Summary
Steel Dynamics, Inc. reports third quarter 2023 financial results with net sales of $4.6 billion and net income of $577 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.07%
Tags
earnings
News
Steel Dynamics Announces Leadership Appointments
Rhea-AI Summary
Steel Dynamics announces leadership promotions for Christopher Graham, Richard Poinsatte, Angela Reeve, Christopher Gionti, and Daniel Keown
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
Tags
none
-
News
Steel Dynamics Announces Third Quarter 2023 Earnings Conference Call and Webcast
Rhea-AI Summary
Steel Dynamics, Inc. announced its intention to release Third Quarter 2023 financial results on October 18, 2023. The earnings call will take place on October 19, 2023 at 11:00 a.m. EDT. Participants can access the call by dialing +1.973.528.0011 or visiting the company's website. An audio replay will be available until October 25, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
earnings
-
News
Steel Dynamics Provides Third Quarter 2023 Earnings Guidance
Rhea-AI Summary
Steel Dynamics, Inc. provides Q3 2023 earnings guidance of $3.46 to $3.50 per diluted share, lower than previous quarters. Steel operations profitability expected to decrease due to lower steel pricing and higher scrap costs. Steel shipments expected to be comparable, excluding lost volume. Metals recycling and steel fabrication operations also expected to have lower earnings. Company has purchased $920 million of its common stock and paid $202 million in dividends to shareholders this year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
earnings
News
Steel Dynamics Appoints Jennifer Hamann to the Company's Board of Directors
Rhea-AI Summary
Steel Dynamics, Inc. appoints Jennifer L. Hamann to its Board of Directors. Ms. Hamann brings extensive experience as the executive vice president and CFO of Union Pacific Corporation. Union Pacific has a market capitalization of $129 billion and annual revenue of $25 billion in 2022. Ms. Hamann's knowledge of business and regulations within Mexico is valuable.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.73%
Tags
management
-
News
Steel Dynamics Announces Third Quarter 2023 Cash Dividend
Rhea-AI Summary
Steel Dynamics, Inc. declares Q3 cash dividend of $0.425 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
dividends earnings
-
News
Steel Dynamics is a Proud Supporter of The Steel Climate Standard to Reduce Greenhouse Gas Emissions
Rhea-AI Summary
Steel Dynamics, Inc. (NASDAQ/GS: STLD) supports The Steel Climate Standard, a technology-agnostic global standard to measure and report steel product greenhouse gas emissions. The standard aims to reduce carbon emissions and provide transparent data for informed decisions. The Global Steel Climate Council's standard includes product certification criteria and a science-based target-setting framework for net zero GHG emissions by 2050.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
News
Sinton Texas Flat Roll Steel Mill Hot Mill Restart
Rhea-AI Summary
Steel Dynamics, Inc. (NASDAQ/GS: STLD) announces the successful restart of the hot mill at its Sinton Texas Flat Roll Steel Mill after an unplanned outage. The outage was related to caster shear equipment issues, which have been successfully addressed. The company continued to operate Sinton's cold mill and downstream value-added flat rolled steel coating lines during the outage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
Stock STLD logo
Steel Dynamics Inc.

Nasdaq:STLD

STLD Rankings

#491 Ranked by Market Cap
#1229 Ranked by Stock Gains
#1668 Ranked by Dividends

STLD Stock Data

22.21B
147.42M
6.66%
86.86%
2.88%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
Link
US
Fort Wayne

About STLD

steel dynamics, inc. is unique among american steel companies. founded in 1993, sdi began production at its butler, in, flat roll mill in 1996. this state-of-the-art mill remains a world leader in its productivity and production of flat roll steel. finishing facilities at the butler mill and in jeffersonville, in, produce pickled, cold roll, galvanized, and painted flat roll steel. new millennium building systems, a steel fabrication business producing joists, girders, and decking for nonresidential construction projects, began operations in 2000, and today consists of 6 manufacturing facilities in the u.s. and mexico. sdi entered the steel long-products business in 2002, with the production of wide-flange beams at the company’s minimill in columbia city, in. in 2010, it was expanded to include production of standard rail, and in 2013 the capability for manufacturing premium rail was added. also in 2002, sdi acquired a steel mill near indianapolis to produce engineered bar steel and