Tariffs and Market Impact - The Trump administration's proposed import tariffs have stoked inflation fears, impacting stocks through stockpiling and rising costs, leading to softened demand and compressed margins [1] - The basic materials sector anticipates a potential surge in steel prices due to a proposed 60% tariff on U.S. imports of Chinese-origin steel [1] US Steel and Nippon Steel Deal - Nippon Steel won the bidding war for United States Steel Co with a $14.9 billion offer, a 40% premium over its December 15, 2023 closing price [2] - The deal was blocked by President Biden on January 3, 2025 citing national security concerns, despite unanimous shareholder approval in April 2024 [3] - US Steel needs the deal to modernize its aging infrastructure and shift from costly blast furnace technology to more efficient electric arc furnaces [6] Steel Dynamics Overview - Steel Dynamics has a solid balance sheet with low debt, positioning it well to weather macroeconomic challenges [7] - The company guided down its Q4 2024 EPS guidance to $1.26-$1.30 due to lower pricing, seasonal shipment declines, and an unplanned outage [9] - Positive business outlook for 2025 is supported by declining interest rates, U.S. infrastructure programs, and onshoring trends [10] Market and Analyst Sentiment - Steel Dynamics has a "Hold" rating among analysts, with top-rated analysts identifying five other stocks as better buys [12] - The company has repurchased $250 million of stock and anticipates improved volumes in the second half of 2025 [10]

Steel Dynamics, Inc. (STLD) expects earnings for the fourth quarter of 2024 to be $1.26 to $1.30 per share. It reported earnings $2.05 per share for the third quarter and $2.60 for fourth-quarter 2023.The company's steel operations are expected to see significantly lower fourth-quarter profitability than the third quarter due to lower average realized pricing, seasonally lower shipments and an unplanned outage at the company's Butler Flat Roll Division that further reduced volume by an estimated 50,000 tons ...

Key TakeawaysSteel Dynamics warned that lower prices and shipments and an unplanned outage at a factory will affect current-quarter earnings.The steelmaker sees fourth-quarter profit of $1.26 to $1.30, while Visible Alpha analysts were expecting $1.60.However, the company said prices have stabilized and demand remains solid. Steel Dynamics (STLD) provided lower-than-expected guidance for the current quarter, in part because of a problem with one of its plants. However, shares of the steelmaker recently edge ...

FORT WAYNE, Ind., Dec. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2024 earnings guidance in the range of $1.26 to $1.30 per diluted share. Comparatively, the company's sequential third quarter 2024 earnings were $2.05 per diluted share, and prior year fourth quarter earnings were $2.61 per diluted share. Fourth quarter 2024 profitability from the company's steel operations is expected to be meaningfully lower than sequential third quarter results, based on ...

A month has gone by since the last earnings report for Steel Dynamics (STLD) . Shares have added about 2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Steel Dynamics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Steel Dynamics' Q3 Earnings and Revenues Beat E ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _______ to _______ Commission File Number 0-21719 Steel Dynamics, Inc. (Exact name of registrant as specified in its charter) 35-1929476 (I.R.S. Em ...

FORT WAYNE, Ind., Oct. 30, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that they recently joined the U.S. Environmental Protection Agency's (EPA) Green Power Partnership (GPP). Steel Dynamics was recognized by the U.S. EPA appearing number 21 on their list of Green Power Partners from the Fortune 500® and number 33 on their National Top 100 List of the largest green power users from the GPP. In 2023, Steel Dynamics steel mills utilized 690 million kilowatt-hours (kWh) of gree ...

Steel Dynamics Inc STLD posted better-than-expected third-quarter earnings, after the closing bell on Wednesday.Steel Dynamics posted quarterly GAAP earnings of $2.05 per share, beating market estimates of $1.97 per share. The company's quarterly sales came in at $4.34 billion versus expectations of $4.177 billion.“The teams achieved a solid third quarter 2024 performance across the platforms, with adjusted EBITDA of $557 million and cash flow from operations of $760 million,” said Mark D. Millett, Co-Found ...

Steel Dynamics, Inc. (STLD) logged third-quarter 2024 earnings of $2.05 per share, down from $3.47 in the year-ago quarter. The figure surpassed the Zacks Consensus Estimate of $1.98.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Net sales in the reported quarter were down around 5% year over year to $4,341.6 million. The top line beat the Zacks Consensus Estimate of $4,251.3 million. While underlying steel demand was steady in the quarter, STLD’s results were impacted by lower avera ...

2022 17 October 2024 Investor Investor Call Presentation Third Quarter 2024 Presentation Health and Safety Health and Safety Entrepreneurial Culture Entrepreneurial Culture Customer Commitment Customer Commitment Financial Strength z z Strategic Growth Strategic Sustainable Growth Innovation Innovation Financial Strength Forward-looking statements and Non-GAAP financial measures Forward-Looking Statements This presentation contains some predictive statements about future events, including statements related ...