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 provided its earnings guidance for Q2 2024, projecting earnings per diluted share between $2.64 and $2.68. This is a decline from Q1 2024 earnings of $3.67 per share and Q2 2023 earnings of $4.81 per share. The company's steel operations are expected to see lower profitability due to decreased pricing, despite steady shipments. Metals recycling earnings are predicted to rise thanks to higher volumes. Steel fabrication earnings should remain consistent with Q1 2024, supported by increased shipments. Solid demand persists in the automotive, non-residential construction, energy, and industrial sectors. During Q2, Steel Dynamics repurchased $247 million in common stock, representing 1.1% of shares, demonstrating confidence in its financial outlook. The company will release its full Q2 2024 earnings report on July 17, 2024, followed by a conference call on July 18, 2024, at 11:00 a.m. EDT.
Steel Dynamics, Inc. declares a second quarter cash dividend of $0.46 per common share, payable to shareholders on record as of June 30, 2024. The dividend will be paid on or about July 12, 2024.
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