Steel Dynamics Inc.

Steel Dynamics is a steel producer and metal recycler. The company manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joists and deck products. The company's segments are: Steel, which produces steel from ferrous scrap and scrap substitutes, utilizing casting, automated rolling mills and several downstream steel coating and bar processing lines, and Iron Dynamics; metals recycling, which involves the purchase, processing, and resale of ferrous and nonferrous scrap metals into reusable forms and grades; and steel fabrication, which produces steel building components, including steel joists, girders, trusses, and steel deck.
  • TickerSTLD
  • ISINUS8581191009
  • ExchangeNASDAQ Stock Market
  • SectorIndustrial Metals & Mining
  • CountryUnited States
STLD Steel Dynamics ... (Basic Resources)

STEEL DYNAMICS loses on its star level and is downgraded to Slightly P...

The independent financial analyst theScreener just slightly lowered the general evaluation of STEEL DYNAMICS (US), active in the Steel industry. The title has lost a star(s) at the fundamental level and now shows 3 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date June 11, 2021, the closing price was USD 65.01 and its potential was estimated at USD 70.81.

STLD Steel Dynamics ... (Basic Resources)

Steel Dynamics, Inc.: Update to credit considerations

Our credit view of this issuer reflects its solid market position and low cost structure, tempered by its exposure to volatile steel prices and cyclical end markets.

STLD Steel Dynamics ... (Basic Resources)

Steel Dynamics, Inc. - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

STLD Steel Dynamics ... (Basic Resources)

Steel Dynamics, Inc. - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

STLD Steel Dynamics ... (Basic Resources)

Moody's assigns Baa3 rating to SDI's $750 million senior unsecured not...

Rating Action: Moody's assigns Baa3 rating to SDI's $750 million senior unsecured notes. Global Credit Research- 07 Oct 2020. New York, October 07, 2020-- Moody's Investors Service, assigned a Baa3 senior unsecured rating to Steel Dynamics Inc.' s new $750 million in senior unsecured notes.

Andrew Lane
  • Andrew Lane
STLD Steel Dynamics ... (Basic Resources)

Morningstar | Steel Dynamics' Margins Contracted in 2Q, Converging Tow...

Over the last couple years, we've anticipated lower margins for Steel Dynamics as U.S. metal margins contract. With 2018 cyclical peak market conditions now safely in the rear view mirror, the company's margin profile had softened and sits only just above our long-term outlook. Having updated our valuation model to reflect second-quarter results, our $33 per share fair value estimate and no-moat rating remain intact. Steel Dynamics generated a 13.2% adjusted EBITDA margin in the second quarter, down from 19.1% in the prior year period and 13.6% in the first quarter. We forecast just under 13%...

Andrew Lane
  • Andrew Lane
STLD Steel Dynamics ... (Basic Resources)

Morningstar | Steel Dynamics' Margins Contracted in 2Q, Converging Tow...

Over the last couple years, we've anticipated lower margins for Steel Dynamics as U.S. metal margins contract. With 2018 cyclical peak market conditions now safely in the rear view mirror, the company's margin profile had softened and sits only just above our long-term outlook. Having updated our valuation model to reflect second-quarter results, our $33 per share fair value estimate and no-moat rating remain intact. Steel Dynamics generated a 13.2% adjusted EBITDA margin in the second quarter, down from 19.1% in the prior year period and 13.6% in the first quarter. We forecast just under 13%...

Andrew Lane
  • Andrew Lane
STLD Steel Dynamics ... (Basic Resources)

Steel Dynamics' Margins Contracted in 2Q, Converging Toward Our Midcyc...

Over the last couple years, we've anticipated lower margins for Steel Dynamics as U.S. metal margins contract. With 2018 cyclical peak market conditions now safely in the rear view mirror, the company's margin profile had softened and sits only just above our long-term outlook. Having updated our valuation model to reflect second-quarter results, our $33 per share fair value estimate and no-moat rating remain intact. Steel Dynamics generated a 13.2% adjusted EBITDA margin in the second quarter, ...

Andrew Lane
  • Andrew Lane
STLD Steel Dynamics ... (Basic Resources)

We Forecast Slight Margin Contraction for Steel Dynamics With 2018 Cyc...

Having reviewed a flurry of guidance releases from U.S. steelmakers, we've softened our 2019 outlook for industrywide profits. Per the commentary provided, broader steel demand remains fairly steady except for a pocket of weakness associated with the automotive end market. Metal margins have contracted in recent months amid materially lower steel prices and a non-commensurate decrease in input costs. Additionally, we remain cautious about the industry's long-term prospects, as we expect steel de...

Andrew Lane
  • Andrew Lane
STLD Steel Dynamics ... (Basic Resources)

Morningstar | U.S. Steelmakers Issue Soft 3Q Guidance as Falling Steel...

Having reviewed a flurry of guidance releases from U.S. steelmakers, we've softened our 2019 outlook for industrywide profits. Per the commentary provided, broader steel demand remains fairly steady except for a pocket of weakness associated with the automotive end market. Metal margins have contracted in recent months amid materially lower steel prices and a non-commensurate decrease in input costs. Additionally, we remain cautious about the industry's long-term prospects, as we expect steel demand to wane in China as global overcapacity persists. Further, a bevy of new capacity announcements...

STLD Steel Dynamics ... (Basic Resources)

Steel Dynamics, Inc.: Update to credit considerations

Our credit view of this issuer reflects its solid market position and low cost structure, tempered by its exposure to volatile steel prices and cyclical end markets.

STLD Steel Dynamics ... (Basic Resources)

Steel Dynamics, Inc. - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

STLD Steel Dynamics ... (Basic Resources)

Steel Dynamics, Inc. - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

STLD Steel Dynamics ... (Basic Resources)

Moody's assigns Baa3 rating to SDI's $750 million senior unsecured not...

Rating Action: Moody's assigns Baa3 rating to SDI's $750 million senior unsecured notes. Global Credit Research- 07 Oct 2020. New York, October 07, 2020-- Moody's Investors Service, assigned a Baa3 senior unsecured rating to Steel Dynamics Inc.' s new $750 million in senior unsecured notes.

STLD Steel Dynamics ... (Basic Resources)

Steel Dynamics, Inc. - June 2020 (LTM): Peer Snapshot

Peer Snapshot:  Steel Dynamics, Inc. - June 2020 (LTM) 3 September 2020 (in US millions) FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Aug-18 FYE Aug-19 LTM May-20

STLD Steel Dynamics ... (Basic Resources)

STEEL DYNAMICS loses on its star level and is downgraded to Slightly P...

The independent financial analyst theScreener just slightly lowered the general evaluation of STEEL DYNAMICS (US), active in the Steel industry. The title has lost a star(s) at the fundamental level and now shows 3 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date June 11, 2021, the closing price was USD 65.01 and its potential was estimated at USD 70.81.

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