STLD

Steel Dynamics, Inc., sometimes abbreviated as "SDI", is a steel producer based in Fort Wayne, Indiana. With a production capacity of 13 million tons, Steel Dynamics is the 3rd largest producer of carbon steel products in the United States. SDI is among the most profitable American steel companies in terms of profit margins and operating profit per ton.

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products; structural steel beams, pilings, and standard and premium grade rail products; engineered special-bar-quality products; and merchant-bar-quality products, including rounds, angles, flats, reinforcing bars, and channels and specialty steel sections. This segment is also involved in the turning, polishing, straightening, chamfering, threading, precision saw-cutting, cold drawing, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, and coating of beams, channels, and specialty steel sections. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube industry sectors. This segment sells its products directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment engages in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, marketing, brokerage, and scrap management services. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel deck products for non-residential steel fabricators. The company also exports its products. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

Steel Dynamics (STLD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Steel Dynamics (STLD) This Earnings Season?

Steel Dynamics' (STLD) fourth-quarter results are likely to have benefited from demand strength across key markets and higher domestic steel prices.

Steel Dynamics (STLD) to Post Q4 Earnings: What's in the Cards?

Steel Dynamics (STLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Steel Dynamics (STLD) Keep the Earnings Surprise Streak Alive?

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Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release fourth quarter and full-year 2020 financial results after market close on Monday, January 25, 2021. The teleconference is scheduled to begin at 8:30 a.m. Eastern Daylight Time on Tuesday, January 26, 2021 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and ...

Steel Dynamics Announces Fourth Quarter and Full-Year 2020 Earnings Conference Call and Webcast

U.S. steel companies, unions want Biden to keep Trump tariffs

Steel prices continue steady climb; fourth since late November

The U.S. steel industry is leading the world in turning its business green. In a note out on Friday, Bank of America analyst Timna Tanners said U.S. steel producers like United States Steel Corporation (NYSE: X), Commercial Metals Company (NYSE: CMC) and Steel Dynamics, Inc. (NASDAQ: STLD) already produce some of the world's greenest steel, and their shift to electric arc furnace (EAF) production will reduce their carbon footprints even further.Steel Emissions Targets: EAFs are about 75% more em...

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Steel Dynamics: Wait For The Coming Price Decline

The primary focus of National Steel Policy 2017 is installing a crude steel capacity of 300 MT in the country by 2030-31. The current installed capacity in crude steel stands at 147 MT and working capacity at 142 MT. Thus, the projection is to add around 158 MT steel in the next 12 years at a compound annual growth rate of 6.4%. What drives the ...

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British Steel’s Chinese buyer intends to continue pursuing the company’s French arm after completing the takeover of the rest of the group and saving 3,200 jobs. The rescue deal gives Jingye control of the manufacturer’s British and Dutch sites but not its factory in Hayange, northern France, the sale of which has been delayed by concerns ...

Chinese buyer of British Steel to pursue French arm

Steel imports into the United States continue to decline after falling last year to the lowest level in the United States since 2010. Import permit applications plunged 47.5% in February to 1.82 million tons, according to the U.S. Commerce Department&#39;s most recent Steel Import Monitoring and Analysis data. That was also down 41.8% as ...

Steel imports plummet 47.5% in February

Steelmaking group confirms it intends to invest £1.2bn after rescuing plant from receiver

British Steel bought by China&#39;s Jingye, saving more than 3,000 jobs

This means the dividend, which costs the company north of $20M per year, is at risk if the situation doesn&#39;t change soon. Schnitzer Steel Industries (NASDAQ:SCHN) has been around for a while as the company was created in 1906 and has since grown to be one of the largest recyclers of scrap metal (both ferrous and non-ferrous) in North America.

Schnitzer Steel: The Dividend Is At Risk

Tata Steel Europe’s boss has laid bare the dire financial problems facing the region’s third-largest manufacturer of the grey metal as he outlined plans for 1,250 job cuts. “Our financial situation is serious and there’s an urgent priority to improve the performance of the business and our cash position,” Henrik Adam, the company’s ...

Tata Steel Europe chief lays out challenges

Tata Steel Europe is planning to cut 1,250 jobs as it faces &quot;challenging circumstances&quot; and &quot;needs to urgently improve profitability&quot;, Chief Executive Officer Henrik Adam said in an internal memo seen by Reuters on Tuesday.

Tata Steel Europe to cut 1,250 jobs in turnaround push

If you own shares in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) then it&#39;s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of volatility.

Does The Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Share Price Tend To Follow The Market?

Nucor Corporation NUE announced that Nucor-JFE Steel Mexico, S. de R.L. de C.V. (“Nucor-JFE”) commenced operation at its continuous galvanizing line. Notably, the plant situated in Silao, Guanajuato in central Mexico will produce hot-dip galvanized sheet steel for the automotive market.

Nucor-JFE Sheet Steel Facility Starts Production in Mexico

A Chinese firm completed its takeover of British Steel on Monday. Jingye Group said that the move would save more than 3,000 jobs in Scunthorpe and Teesside and it would modernise the towns&#39; steelworks. The firm reportedly offered £50m to buy the company after it collapsed and was placed under the control of the UK Insolvency Service last year.

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