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Steel Dynamics Inc (STLD.OQ)

STLD.OQ on NASDAQ Stock Exchange Global Select Market

46.96USD
20 Jul 2018
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$0.30 (+0.64%)
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Latest Key Developments (Source: Significant Developments)

Brazilian steelmaker CSN expects to conclude sale of U.S. unit in 90 days- filing
Monday, 14 May 2018 08:19pm EDT 

May 14 (Reuters) - Companhia Siderurgica Nacional ::BRAZIL'S CSN SAYS BOARD APPROVED SALE OF U.S. UNIT CSN STEEL - FILING.BRAZILIAN STEELMAKER CSN EXPECTS TO CLOSE SALE OF U.S. UNIT TO STEEL DYNAMICS IN 90 DAYS- FILING.BRAZIL'S CSN SAYS DEAL VALUE IS $400 MILLION, TO BE ADJUSTED BY WORKING CAPITAL OF $60 MILLION- FILING.BRAZIL'S CSN SAYS SALE WILL REDUCE STEELMAKER'S NET DEBT BY 1.8 BILLION REAIS- FILING.  Full Article

Steel Dynamics Sees Q1 2018 EPS $0.88 TO $0.92
Friday, 16 Mar 2018 08:15am EDT 

March 16 (Reuters) - Steel Dynamics Inc ::STEEL DYNAMICS PROVIDES FIRST QUARTER 2018 EARNINGS GUIDANCE.SEES Q1 2018 EARNINGS PER SHARE $0.88 TO $0.92.‍Q1 PROFITABILITY FROM STEEL OPERATIONS EXPECTED TO "MEANINGFULLY IMPROVE" IN COMPARISON TO SEQUENTIAL Q4 RESULTS.‍Q1 2018 PROFITABILITY FOR METALS RECYCLING PLATFORM IS ALSO EXPECTED TO IMPROVE VERSUS Q4.‍EXCLUDING Q4 2017 NON-OPERATIONAL ITEMS, Q1 2018 RESULTS EXPECTED TO BE HIGHER THAN ADJUSTED Q4 2017 EARNINGS.‍DEMAND FROM NON-RESIDENTIAL CONSTRUCTION SECTOR "REMAINS SOLID"​ FOR Q1.STEEL DYNAMICS - ‍Q1 PROFITABILITY FROM STEEL OPERATIONS IS EXPECTED SEQUENTIALLY IMPROVE BASED ON HIGHER SHIPMENTS, METAL SPREAD EXPANSION​.‍Q1 2018 EARNINGS FROM COMPANY'S STEEL FABRICATION BUSINESS ARE EXPECTED TO DECREASE SOMEWHAT FROM SEQUENTIAL Q4 RESULTS​.‍AVERAGE QUARTERLY STEEL PRODUCT PRICING IS EXPECTED TO INCREASE MORE THAN SCRAP COSTS​.‍BELIEVES PRICING MOMENTUM AND IMPROVING STEEL CONSUMPTION WILL CONTINUE DURING YEAR​.‍DEMAND FOR RECYCLED FERROUS MATERIAL FROM DOMESTIC STEEL SECTOR INCREASED IN QUARTER​.  Full Article

Steel Dynamics Announces First Quarter 2018 Cash Dividend Increase
Tuesday, 20 Feb 2018 08:15am EST 

Feb 20 (Reuters) - Steel Dynamics Inc ::STEEL DYNAMICS ANNOUNCES FIRST QUARTER 2018 CASH DIVIDEND INCREASE.INCREASES QUARTERLY CASH DIVIDEND BY 21 PERCENT TO $0.1875PER SHARE.  Full Article

Danieli To Design and Install Water-Treatment Plant At Indiana Facility Of Steel Dynamics
Monday, 15 Jan 2018 11:08am EST 

Jan 15 (Reuters) - DANIELI ::STEEL DYNAMICS INC <<>> ORDERS WATER-TREATMENT PLANT FROM DANIELI FOR INDIANA FACILITY.  Full Article

Steel Dynamics Announces Effectiveness Of S-4 Registration Statement
Thursday, 21 Dec 2017 04:38pm EST 

Dec 21 (Reuters) - Steel Dynamics Inc ::STEEL DYNAMICS ANNOUNCES EFFECTIVENESS OF S-4 REGISTRATION STATEMENT AND LAUNCH OF EXCHANGE OFFER FOR UP TO $350.0 MILLION OF ITS 4.125% SENIOR NOTES DUE 2025.STEEL DYNAMICS - EFFECTIVE DEC 22, WILL LAUNCH ITS OFFER TO EXCHANGE ITS REGISTERED EXCHANGE NOTES FOR OUTSTANDING UNREGISTERED OLD NOTES.STEEL DYNAMICS INC - OFFER WILL EXPIRE AT 5:00 PM NEW YORK CITY TIME ON JANUARY 24, 2018.  Full Article

Steel Dynamics Q3 Adjusted Earnings Per Share $0.66 Excluding Items
Friday, 15 Dec 2017 06:00pm EST 

Dec 15 (Reuters) - Steel Dynamics Inc ::STEEL DYNAMICS PROVIDES FOURTH QUARTER 2017 GUIDANCE.SEES Q4 2017 EARNINGS PER SHARE $0.48 TO $0.52.Q3 ADJUSTED EARNINGS PER SHARE $0.66 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE VIEW $0.65 -- THOMSON REUTERS I/B/E/S.Q4 2017 PROFITABLY FOR COMPANY'S METALS RECYCLING PLATFORM IS EXPECTED TO REMAIN CONSISTENT WITH SEQUENTIAL Q3 RESULTS.ESTIMATED Q4 2017 EARNINGS GUIDANCE DOES NOT INCLUDE IMPACT FROM ANY PROPOSED CHANGE TO FEDERAL TAX LEGISLATION IN UNITED STATES.Q4 2017 PROFITABILITY FROM CO'S OVERALL STEEL OPERATIONS EXPECTED TO DECREASE VERSUS Q3 RESULTS.ANTICIPATED LOWER Q4 EARNINGS ARE DRIVEN BY COMPANY'S FLAT ROLL OPERATIONS.STEEL DYNAMICS - OVERALL AVERAGE FLAT ROLL STEEL PRICING IS EXPECTED TO DECLINE MORE THAN CONSUMED SCRAP RAW MATERIAL COSTS IN Q4.LONG PRODUCT OPERATIONS ALSO ANTICIPATE LOWER SEQUENTIAL EARNINGS BASED ON LOWER SHIPMENTS IN Q4.  Full Article

Steel Dynamics q3 earnings per share $0.64
Wednesday, 18 Oct 2017 06:00pm EDT 

Oct 18 (Reuters) - Steel Dynamics Inc :Steel dynamics reports third quarter 2017 results.Q3 earnings per share $0.64.Q3 sales $2.4 billion versus I/B/E/S view $2.39 billion.Q3 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.66 excluding items.Steel Dynamics - remain "optimistic" that macroeconomic and market conditions are in place to benefit domestic steel consumption in 2018​.Steel Dynamics - ‍planned upgrades in Q4 require longer than typical outages, resulting in higher costs, lower shipments.Steel Dynamics Inc - ‍planned upgrades in Q4 will reduce potential Q4 2017 pretax earnings by an estimated $25 million​.  Full Article

Steel Dynamics says repaid remaining 6.375 pct notes due 2022​
Monday, 16 Oct 2017 02:06pm EDT 

Oct 16 (Reuters) - Steel Dynamics Inc ::Effective October 13, co repaid all of its remaining outstanding 6.375% senior notes due 2022​ - SEC filing.Repaid remaining 6.375% senior notes due 2022 at price of 103.188% of principal amount of $167.1 million, with interest to Oct 13, 2017​.  Full Article

Steel Dynamics announces tender offer for any and all of its 6.375% senior notes due 2022
Wednesday, 6 Sep 2017 09:47am EDT 

Sept 6 (Reuters) - Steel Dynamics Inc :Steel Dynamics announces tender offer for any and all of its 6.375% senior notes due 2022.Steel Dynamics Inc - commenced a cash tender offer for any and all of $350 million aggregate principal amount of its 6.375% senior notes due 2022.Steel Dynamics Inc- holders must validly tender their notes prior to 5:00 p.m., new york city time, on September 12, 2017.  Full Article

Steel Dynamics announces offering of notes
Wednesday, 6 Sep 2017 09:45am EDT 

Sept 6 (Reuters) - Steel Dynamics Inc :Steel Dynamics announces offering of notes.Steel Dynamics Inc - ‍plans to sell approximately $350 million aggregate principal amount of debt securities in a transaction​.Steel Dynamics Inc - intends to use net proceeds of offering, along with cash on hand, to purchase any and all of its 6.375% senior notes due 2022.  Full Article