Steel Dynamics Inc
NASDAQ:STLD

  • LAST PRICE
    130.5400
  • TODAY'S CHANGE (%)
    2.9400 (2.3041%)
  • Bid / Lots
    129.8000/ 1
  • Ask / Lots
    131.2700/ 1
  • Open / Previous Close
    128.1800 / 127.6000
  • Day Range
    127.8000
    131.8200
  • 52 Week Range
    95.5250
    151.3400
  • Volume
    1,064,728

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  • Jul 19, 2024

  • Jul 18, 2024

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    • 3:32PM ET on Thursday Jul 18, 2024 by Dow Jones
      Companies Mentioned: STLD

      1532 ET - Steel Dynamics says the construction of its new $2.7 billion aluminum rolling plant is on course. The Columbus, Miss., plant is expected to start production by the middle of next year. It will specialize in making cansheet for the beverage market and aluminum for the automotive industry. A separate plant in Mexico that will process aluminum scrap for the rolling plant is expected to start in 1Q 2025. Steel companies have largely stayed out of the aluminum business. But Steel Dynamics CEO Mark Millet sees the U.S. aluminum market as ripe for disruption by a new lower-cost producer. "The mills are somewhat inefficient and high cost operations," Millett told analysts "It's an industry that has had little investment in facilities. There's an absolute supply deficit that is likely to grow." (robert.tita@wsj.com)

    • 2:14PM ET on Thursday Jul 18, 2024 by Dow Jones
      Companies Mentioned: STLD

      1414 ET - Steel Dynamics CEO Mark Millet says analysts' criticism about operational problems at the steelmaker's new mill in Sinton, Texas, is "a little bit of low blow." The plant is running at about 75% of capacity, but Millet says the "absolutely phenomenal technology" being deployed there is new and contributes to higher quality steel. "What we have to do is simply increase the utilization of the facility." Shares slip 0.7% at $129.15. (robert.tita@wsj.com)

    • 8:00AM ET on Thursday Jul 18, 2024 by PR Newswire
      Companies Mentioned: STLD

      Steel Dynamics, Inc. (NASDAQ/GS: STLD),one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release second quarter 2024 financial results after market close on Wednesday, July 17, 2024. The teleconference is scheduled to begin at 11:00 a.m. Eastern Daylight Time on Thursday July 18, 2024 and will be hosted by Mark D. Millett, Chairman and Chief Executive Officer, Theresa E. Wagler, Executive Vice President and Chief Financial Officer, and Barry Schneider, President and Chief Operating Officer.

    • 8:00AM ET on Thursday Jul 18, 2024 by Dow Jones
      Companies Mentioned: STLD

      Reminder: Steel Dynamics Announces Second Quarter 2024 Earnings Conference Call and Webcast

      PR Newswire

      FORT WAYNE, Ind., July 18, 2024

      FORT WAYNE, Ind., July 18, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release second quarter 2024 financial results after market close on Wednesday, July 17, 2024. The teleconference is scheduled to begin at 11:00 a.m. Eastern Daylight Time on Thursday July 18, 2024 and will be hosted by Mark D. Millett, Chairman and Chief Executive Officer, Theresa E. Wagler, Executive Vice President and Chief Financial Officer, and Barry Schneider, President and Chief Operating Officer.

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