The Zacks Steel Producers industry has lost momentum after enjoying a strong recovery during the final quarter of 2023 as steel prices have come under pressure since the beginning of this year. Soft demand in China amid the economic slowdown is also a concern.However, improved demand in the automotive space and a resilient non-residential construction market augur well for the industry. Industry players like Steel Dynamics, Inc. (STLD) , Ternium S.A. (TX) and Universal Stainless & Alloy Products, Inc. (USAP ...

Steel Dynamics (STLD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this steel producer and metals recycler have returned -4.3%, compared to the Zacks S&P 500 composite's +2% change. During this period, the Zacks Steel - Producers industry, which Steel Dynamics falls in, has lost 4.4%. The key question now is: What could be the stock's future dir ...

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 March 31, 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) | Indiana | 35-1929476 | ...

FORT WAYNE, Ind., May 10, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on June 30, 2024 and is payable on or about July 12, 2024. About Steel Dynamics, Inc. Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, based on estimated annual steelmaking and m ...

2022 24 April 2024 IInnvveessttoorr Call Presentation First Quarter 2024 Presentation HHeeaalltthh aanndd SSaaffeettyy EEnnttrreepprreenneeuurriiaall CCuultltuurree CCuussttoommeerr CCoommmmiittmmeenntt zz SSttrraatteeggiicc SGursotawitnhable Growth IInnnnoovvaattiioonn FFiinnaanncciiaall SStrterennggtthh Forward looking statements and Non-GAAP financial measures Forward-Looking Statements More specifically, refer to Steel Dynamics' more detailed explanation of these and other factors and risks that may ...

Steel Dynamics, Inc. (NASDAQ:STLD) Q1 2024 Earnings Conference Call April 24, 2024 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman & CEO Theresa Wagler - EVP & CFO Barry Schneider - President & COO Conference Call Participants Martin Englert - Seaport Research Partners Curt Woodworth - UBS Carlos De Alba - Morgan Stanley Timna Tanners - Wolfe Research Katja Jancic - BMO Capital Markets Lawson Winder - Bank of America Tristan Gresser - BNP Paribas Bill Peterson - JPMor ...

Exhibit 99.1 7575 W. Jefferson Blvd. Fort Wayne, IN 46804 Steel Dynamics Reports First Quarter 2024 Results FORT WAYNE, INDIANA, April 23, 2024 / PRNewswire / First Quarter 2024 Performance Highlights: Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2024 financial results. The company reported first quarter 2024 net sales of $4.7 billion and net income of $584 million, or $3.67 per diluted share. Comparatively, the company's sequential fourth quarter 2023 net income was $424 million, or ...

Steel Dynamics, Inc. (STLD) logged first-quarter 2024 earnings of $3.67 per share, down from $3.70 in the year-ago quarter. It topped the Zacks Consensus Estimate of $3.54.Net sales in the first quarter were down around 4% year over year to $4,694 million. It missed the Zacks Consensus Estimate of $4,739.7 million.While STLD witnessed some steel order volatility early in the reported quarter, underlying steel demand was steady in the quarter. Solid demand led to near-record shipments and higher selling pric ...

For the quarter ended March 2024, Steel Dynamics (STLD) reported revenue of $4.69 billion, down 4.1% over the same period last year. EPS came in at $3.67, compared to $4.01 in the year-ago quarter.The reported revenue represents a surprise of -0.97% over the Zacks Consensus Estimate of $4.74 billion. With the consensus EPS estimate being $3.54, the EPS surprise was +3.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

Steel Dynamics (STLD) came out with quarterly earnings of $3.67 per share, beating the Zacks Consensus Estimate of $3.54 per share. This compares to earnings of $4.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.67%. A quarter ago, it was expected that this steel producer and metals recycler would post earnings of $2.63 per share when it actually produced earnings of $2.61, delivering a surprise of -0.76%.Over the last fo ...