Welcome to our dedicated page for Steel Dynamics news (Ticker: STLD), a resource for investors and traders seeking the latest updates and insights on Steel Dynamics stock.
Steel Dynamics, Inc. (STLD) is a leading U.S. steel producer and metals recycler, delivering innovative solutions across construction, automotive, and industrial sectors. This page aggregates official company announcements and third-party analyses, providing stakeholders with a centralized resource for tracking STLD's operational developments and market position.
Access real-time updates on earnings reports, sustainability initiatives, facility expansions, and strategic partnerships. Our curated collection ensures investors and industry professionals stay informed about key topics including flat-rolled steel production trends, recycled metals innovations, and fabrication advancements.
Content highlights include quarterly financial disclosures, operational milestone announcements, leadership updates, and industry recognition. All materials are sourced from verified channels to maintain accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined access to STLD's evolving narrative within the steel manufacturing landscape. Combine regular visits with our sector analysis tools for comprehensive market understanding.
Steel Dynamics (NASDAQ: STLD) has announced two significant shareholder-focused initiatives. The company declared a Q1 2025 cash dividend of $0.50 per share, representing a 9% increase from 2024's quarterly rate, payable on April 11, 2025. Additionally, the board authorized a new $1.5 billion share repurchase program, supplementing the previous program's remaining $194 million authorization.
Since 2017, STLD has demonstrated strong shareholder returns, repurchasing $6.7 billion of common stock (41% of outstanding shares) and paying $1.7 billion in cash dividends through December 2024. The company has invested $7.1 billion in capital investments and acquisitions over the past five years while maintaining a 24% after-tax return on invested capital.
Steel Dynamics (NASDAQ/GS: STLD) has been named one of Fortune's World's Most Admired Companies for 2025, marking its eighth consecutive year receiving this prestigious recognition. The company received high marks within the metals industry, highlighting its exceptional performance across nine key attributes including innovation, people management, and financial soundness.
Chairman, President, and CEO Mark D. Millett attributed this achievement to the company's teams' extraordinary passion and commitment to excellence. He emphasized that their dedication to customers, communities, and operational excellence, along with their focus on health and safety as core values, has driven Steel Dynamics to maintain high operational and financial performance standards.
Fortune's ranking is determined through a comprehensive survey where executives, directors, and analysts evaluate companies based on criteria such as social responsibility, quality of management, long-term investment value, and global competitiveness.
Steel Dynamics (NASDAQ: STLD) has achieved significant recognition in corporate sustainability, ranking 29th in Corporate Knights' 2025 Global 100 Most Sustainable Corporations list and securing the top position in the global steelmaking industry. The assessment, which evaluated over 8,300 publicly-traded companies with revenues exceeding $1 billion, was based on 25 key performance indicators including sustainable revenue, sustainable investment, taxes paid, carbon productivity, and diversity.
Mark D. Millett, Co-Founder, Chairman, and CEO, attributed this achievement to the company's teams' dedication to safety, innovative solutions, and sustainability leadership. The recognition highlights Steel Dynamics' commitment to maintaining high standards in both operational and financial performance.
Steel Dynamics (NASDAQ: STLD) has announced its upcoming Fourth Quarter and Full Year 2024 earnings release, scheduled for after market close on Wednesday, January 22, 2025. The company will host an earnings conference call and webcast on Thursday, January 23, 2025, at 11:00 a.m. Eastern Standard Time.
The call will be led by Chairman and CEO Mark D. Millett, CFO Theresa E. Wagler, and President and COO Barry Schneider. Participants can join via phone at +1.973.528.0016 or through the company's website. The audio replay will be available until January 30, 2025, by dialing +1.919.882.2331 with conference ID 51844, and an MP3 file will be accessible on the company's website for replay or download.
Steel Dynamics (STLD) reported its fourth quarter and annual 2024 results, achieving net sales of $17.5 billion, operating income of $1.9 billion, and net income of $1.5 billion. The company reached its second-highest steel shipments at 12.7 million tons and generated adjusted EBITDA of $2.5 billion with cash flow from operations of $1.8 billion.
Fourth quarter 2024 performance showed net sales of $3.9 billion and net income of $207 million ($1.36 per diluted share), down from Q3 2024's $318 million ($2.05 per share) and Q4 2023's $424 million ($2.61 per share). The company maintained strong liquidity of $2.2 billion and completed share repurchases worth $1.2 billion, representing 6% of outstanding shares.
Notable developments include the successful launch of four new value-added flat rolled steel coating lines in early 2024 and the first aluminum casting at their Columbus facility in January 2025. The company expects positive market dynamics in 2025, supported by stable steel pricing and steady customer demand.
Steel Dynamics (NASDAQ: STLD) has scheduled its Fourth Quarter and Full Year 2024 earnings release and conference call. The company will release financial results after market close on January 22, 2025, followed by a teleconference on January 23, 2025 at 11:00 a.m. Eastern Standard Time.
The call will be hosted by Chairman and CEO Mark D. Millett, CFO Theresa E. Wagler, and President and COO Barry Schneider. Participants can join via phone at +1.973.528.0016 or through the company's website. An audio replay will be available until January 30, 2025, accessible by dialing +1.919.882.2331 with conference ID 51844.
Steel Dynamics (STLD) has provided Q4 2024 earnings guidance of $1.26 to $1.30 per diluted share, significantly lower than Q3 2024's $2.05 and Q4 2023's $2.61. The decline is attributed to lower steel operations profitability due to reduced pricing, seasonal lower shipments, and an unplanned outage at Butler Flat Roll Division reducing volume by 50,000 tons.
While flat rolled steel prices have stabilized with steady seasonal demand, metals recycling operations are expected to outperform Q3. Steel fabrication operations anticipate lower earnings due to seasonal shipment decline and a <5% drop in pricing. The company has repurchased $250 million of common stock in Q4 through December 10, 2024, representing over 1% of shares.
Steel Dynamics (NASDAQ/GS: STLD) has been awarded a 2024 Thoroughbred Sustainability Partner Award by Norfolk Southern for its leadership in energy efficiency. The company was among 14 customers and suppliers recognized for their achievements in sustainability.
The selection process involved a cross-departmental team from Norfolk Southern reviewing applications based on measurable progress during 2023, evaluating programs' novelty, relevance, and impact. The awards specifically honor companies excelling in energy efficiency, innovation, and environmental stewardship.
Co-Founder, Chairman, and CEO Mark D. Millett highlighted the company's culture of promoting innovative solutions for increased efficiencies, reduced raw material usage, material conservation, and recycling initiatives.
Steel Dynamics (NASDAQ: STLD) has been awarded a 2024 Sustainability Partner Award by Union Pacific, recognizing their leadership in sustainability practices. The company was among 16 organizations honored at Union Pacific's annual Sustainability Partner Award Ceremony. The selection criteria included innovative business practices reducing environmental impact and effective stakeholder engagement.
Co-Founder, Chairman, and CEO Mark D. Millett attributed this recognition to the team's passion, dedication to excellence, and drive to create innovative product and supply-chain solutions while maintaining sustainability leadership in the steel industry.
Steel Dynamics (NASDAQ: STLD) has declared a quarterly cash dividend of $0.46 per common share for the fourth quarter of 2024. The dividend will be paid to shareholders of record as of December 31, 2024, with the payment scheduled for January 10, 2025.
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