Steel Dynamics Inc Stock Price, News & Analysis

Steel Dynamics (NASDAQ: STLD) has provided Q2 2025 earnings guidance of $2.00-$2.04 per diluted share, showing improvement from Q1 2025's $1.44 but lower than Q2 2024's $2.72. Steel operations expect stronger profitability due to expanded metal spreads, with long product shipments improving while flat rolled volumes slightly decreased. The company faced a $32 million pretax earnings reduction from a noncash write-off. Metals recycling operations remain steady, while steel fabrication earnings are expected to decrease. The company's aluminum operations are progressing with successful commissioning in Mississippi and Mexico, with shipments expected mid-2025. Steel Dynamics has repurchased $179 million of common stock in Q2, representing 1% of shares. Strong demand continues from energy, construction, automotive, and industrial sectors, with infrastructure programs expected to positively impact future demand.

Steel Dynamics (NASDAQ: STLD) announced that CEO Mark D. Millett has received Harbor Aluminum's Gene Greenberg 2025 World's Aluminum Executive of the Year Award. The award recognizes leaders who have made significant contributions to improve the aluminum industry. Millett, who co-founded Steel Dynamics in 1993, has led the company's strategic expansion into aluminum through investments in a recycled aluminum flat rolled products mill and two aluminum recycling slab centers. As CEO since 2012 and Chairman since 2021, Millett has grown Steel Dynamics into a leading industrial metals solutions company with over 13,000 employees. CFO Theresa Wagler praised Millett's transformational leadership and his role in driving innovation while building an entrepreneurial team focused on excellence.

Steel Dynamics (NASDAQ: STLD) announced key leadership transitions effective October 1, 2025. Glenn Pushis, Senior Vice President Special Projects, will retire to become CEO of McBride Capital Partners' Project Aero, a titanium manufacturing venture. He will continue consulting for STLD's aluminum facilities commissioning. Pushis, who joined in 1994, led crucial projects including the new 650,000-metric-ton aluminum mill in Mississippi and the Sinton Flat Roll Division.

Miguel Alvarez will take over the aluminum operations, including the new strategic investments and recycled aluminum deox-rod facility. Alvarez, who joined in 2019, previously led the company's metals recycling platform and supported steel and metals recycling growth in the Southwest U.S. and Mexico. The company plans to announce a new senior leader for its metals recycling platform soon.

Steel Dynamics (NASDAQ/GS: STLD) has announced its second quarter dividend payment for 2025. The company's board of directors has declared a cash dividend of $0.50 per common share.

Key details of the dividend payment:

• Record Date: June 30, 2025 (close of business)
• Payment Date: July 11, 2025 (approximate)
• Dividend Amount: $0.50 per common share

This announcement from the Fort Wayne-based steel manufacturer represents the company's commitment to delivering shareholder value through regular dividend distributions.

Steel Dynamics (NASDAQ: STLD), a leading North American steel producer and metals recycler, has scheduled its First Quarter 2025 earnings release and conference call. The company will release financial results after market close on Tuesday, April 22, 2025, followed by a teleconference on Wednesday, April 23, 2025 at 11:00 a.m. EDT.

The conference call will feature key executives including Chairman and CEO Mark D. Millett, CFO Theresa E. Wagler, and President and COO Barry Schneider. Participants can join via phone at +1.973.528.0011 or access the webcast through the company's website. An audio replay will be available until April 30, 2025.

Steel Dynamics (NASDAQ: STLD) reported its Q1 2025 financial results with net sales of $4.4 billion and net income of $217 million ($1.44 per diluted share), showing improvement from Q4 2024's $207 million but lower than Q1 2024's $584 million.

Key highlights include record steel shipments of 3.5 million tons, operating income of $275 million, and Adjusted EBITDA of $448 million. The company maintained strong liquidity of $2.6 billion and completed share repurchases worth $250 million. The company increased its quarterly cash dividend by 9%.

Steel operations generated $230 million in operating income, up 39% sequentially, with average selling price at $998 per ton. The Sinton Texas Flat Roll Division operated at 86% capacity, achieving EBITDA positive status. The company issued $1.0 billion in unsecured notes and remains optimistic about domestic steel consumption through 2025.

Steel Dynamics (NASDAQ: STLD) has scheduled its First Quarter 2025 earnings release and conference call. The company will disclose its financial results after market close on Tuesday, April 22, 2025.

The earnings conference call is set for Wednesday, April 23, 2025, at 11:00 a.m. Eastern Daylight Time. Key executives participating include Chairman and CEO Mark D. Millett, EVP and CFO Theresa E. Wagler, and President and COO Barry Schneider.

Investors can join via phone at +1.973.528.0011 or access the webcast through the company's website. An audio replay will be available until April 30, 2025, by dialing +1.919.882.2331 with conference ID 52251.

Steel Dynamics (NASDAQ: STLD) has provided Q1 2025 earnings guidance of $1.36 to $1.40 per diluted share, compared to Q4 2024 earnings of $1.36 and Q1 2024 earnings of $3.67 per share. The company expects stronger steel operations profitability due to increased shipments, despite some margin compression.

Key operational highlights include:

• Sinton Texas Flat Roll Division operating at >90% production levels
• Higher metals recycling earnings expected vs Q4 2024
• Lower steel fabrication earnings anticipated due to seasonal factors
• Successful commissioning of Columbus aluminum mill with first ingot cast in January

The company increased its Q1 2025 cash dividend by 9% to $0.50 per share and authorized an additional $1.5 billion share repurchase program. As of March 12, 2025, STLD had repurchased $191 million of common stock in Q1.

Steel Dynamics (NASDAQ: STLD) has successfully completed a significant notes offering, consisting of $600 million of 5.250% Notes due 2035 and $400 million of 5.750% Notes due 2055. The proceeds will be allocated to general corporate purposes, including the potential repayment of the company's $400 million 2.400% Senior Notes maturing in June 2025.

The company's CFO, Theresa E. Wagler, emphasized that this investment-grade note offering aligns with their long-term strategy to maintain a robust capital foundation. The transaction reinforces their commitment to maintaining investment grade credit ratings, which they believe will provide access to lower-cost, longer-term capital and enhance financial flexibility for future value creation opportunities.