Steel Dynamics (STLD) reached $130.11 at the closing of the latest trading day, reflecting a -2.29% change compared to its last close.
In the closing of the recent trading day, Steel Dynamics (STLD) stood at $130.03, denoting a -2.82% move from the preceding trading day.
In the most recent trading session, Steel Dynamics (STLD) closed at $136.84, indicating a +0.83% shift from the previous trading day.
Domestic steel manufacturing stocks billowed higher to start the week as President Trump doubled down on tariffs on imported metals. The new measures increased the tariff level on imported steel and aluminum to 50%, doubling the previous rate of 25%.
In the latest trading session, Steel Dynamics (STLD) closed at $126.72, marking a -1.57% move from the previous day.
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Steel Dynamics (STLD) closed at $129.89 in the latest trading session, marking a -1.75% move from the prior day.
Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock?
Steel Dynamics, a leading U.S. steel producer, is expanding into aluminum with a new plant in Mississippi, targeting the high-margin automotive and packaging sectors. The company's vertically integrated model, efficient electric arc furnace technology, and strategic investments drive strong operational performance and financial flexibility. Despite cyclical market challenges, Steel Dynamics' focus on sustainability, infrastructure projects, and robust buyback programs positions it for significant growth and shareholder returns.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Steel Dynamics, Inc. (NASDAQ:STLD ) Q1 2025 Results Conference Call April 23, 2025 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 Katja Jancic - BMO Timna Tanners - Wolfe Research Carlos de Alba - Morgan Stanley Tristan Gresser - BNP Paribas Chris LaFemina - Jefferies Bill Peterson - JPMorgan Mike Harris - Goldman Sachs Andrew Jones - UBS John Tumazos - Very Independent Research, LLC Operator Good day, and welcome to the Steel Dynamics First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The steel demand strengthened in Q1, with customer orders rebounding and backlogs growing steadily across STLD's steel and steel fabrication operations.