News & Videos - STEEL DYNAMICS INC.

Reminder: Steel Dynamics Announces First Quarter 2024 Earnings Conference Call and Webcast PR Newswire FORT WAYNE, Ind., April 4, 2024 FORT WAYNE, Ind. , April 4, 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 First Quarter 2024 financial results after market close on Tuesday, April 23, 2024 . The teleconference is scheduled to begin at 11:00 a.m. Eastern Time...

Steel Dynamics Reports First Quarter 2024 Results PR Newswire FORT WAYNE, Ind., April 23, 2024 FORT WAYNE, Ind. , April 23, 2024 /PRNewswire/ -- First Quarter 2024 Performance Highlights: Steel shipments of 3.3 million tons Net sales of $4.7 billion , operating income of $751 million , net income of $584 million , and adjusted EBITDA of $879 million Cash flow from operations of $355 million , which was reduced by the annual companywide profit-sharing contribution of $265 million in the quarter...

Steel Dynamics Announces First Quarter 2024 Earnings Conference Call and Webcast PR Newswire FORT WAYNE, Ind., April 4, 2024 FORT WAYNE, Ind. , April 4, 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 First Quarter 2024 financial results after market close on Tuesday, April 23, 2024 . The teleconference is scheduled to begin at 11:00 a.m. Eastern Time on...

Steel Dynamics Announces Leadership Appointments PR Newswire FORT WAYNE, Ind., April 1, 2024 FORT WAYNE, Ind. , April 1, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced leadership appointments for James Anderson and Chad Bickford . "I am excited and pleased to recognize Jim and Chad for their outstanding leadership and positive impact within our company," said Mark D. Millett, Chairman and Chief Executive Officer. "Their passion and spirit of excellence reflect the...

Steel Dynamics Provides First Quarter 2024 Earnings Guidance PR Newswire FORT WAYNE, Ind., March 15, 2024 FORT WAYNE, Ind. , March 15, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided first quarter 2024 earnings guidance in the range of $3.51 to $3.55 per diluted share. Comparatively, the company's sequential fourth quarter 2023 earnings were $2.61 per diluted share and prior year first quarter earnings were $3.70 per diluted share. First quarter 2024 profitability from...

Steel Dynamics Announces First Quarter 2024 Cash Dividend Increase of 8% PR Newswire FORT WAYNE, Ind., Feb. 26, 2024 FORT WAYNE, Ind. , Feb. 26, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.46 per common share, or 8% increase over the company's 2023 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2024 and is payable on or about...

Steel Dynamics Announces Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast PR Newswire FORT WAYNE, Ind., Jan. 4, 2024 FORT WAYNE, Ind. , Jan. 4, 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 Fourth Quarter and Full Year 2023 financial results after market close on Tuesday, January 23, 2024 . The teleconference is scheduled to begin at 11:00...

Steel Dynamics Reports Fourth Quarter and Annual 2023 Results PR Newswire FORT WAYNE, Ind., Jan. 23, 2024 FORT WAYNE, Ind. , Jan. 23, 2024 /PRNewswire/ -- Annual 2023 Performance Highlights: Record steel shipments of 12.8 million tons Net sales of $18.8 billion , operating income of $3.2 billion , and net income of $2.5 billion Adjusted EBITDA of $3.7 billion and strong cash flow from operations of $3.5 billion Strong liquidity of $3.5 billion as of December 31, 2023 Share repurchases of $1.5...

Steel Dynamics Announces Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast PR Newswire FORT WAYNE, Ind., Jan. 4, 2024 FORT WAYNE, Ind. , Jan. 4, 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 Fourth Quarter and Full Year 2023 financial results after market close on Tuesday, January 23, 2024 . The teleconference is scheduled to begin at 11:00...

Steel Dynamics Provides Fourth Quarter 2023 Earnings Guidance PR Newswire FORT WAYNE, Ind., Dec. 15, 2023 FORT WAYNE, Ind. , Dec. 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2023 earnings guidance in the range of $2.60 to $2.64 per diluted share. Comparatively, the company's third quarter 2023 earnings were $3.47 per diluted share and prior year fourth quarter earnings were $3.61 per diluted share. Fourth quarter 2023 profitability from the...

Steel Dynamics Announces Additional $1.5 Billion Share Repurchase Authorization and Fourth Quarter 2023 Cash Dividend PR Newswire FORT WAYNE, Ind., Nov. 3, 2023 FORT WAYNE, Ind. , Nov. 3, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors authorized an additional share repurchase program of $1.5 billion of the company's common stock. The authorization is effective immediately and is additive to the previous $1.5 billion program,...

Steel Dynamics Reports Third Quarter 2023 Results PR Newswire FORT WAYNE, Ind., Oct. 18, 2023 FORT WAYNE, Ind. , Oct. 18, 2023 /PRNewswire/ -- Third Quarter 2023 Performance Highlights: Steel shipments of 3.1 million tons Net sales of $4.6 billion , operating income of $734 million , net income of $577 million , and adjusted EBITDA of $876 million Strong cash flow from operations of $1.1 billion and record liquidity of $3.7 billion Share repurchases of $331 million of the company's common stock,...

Steel Dynamics Announces Leadership Appointments PR Newswire FORT WAYNE, Ind., Oct. 17, 2023 FORT WAYNE, Ind. , Oct. 17, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced leadership promotions for Christopher Graham , Richard Poinsatte , Angela Reeve , Christopher Gionti , and Daniel Keown . "I am excited and pleased to recognize these five individuals for their outstanding leadership and positive impact within our company," said Mark D. Millett , Chairman and Chief...

Steel Dynamics Announces Third Quarter 2023 Earnings Conference Call and Webcast PR Newswire FORT WAYNE, Ind., Oct. 2, 2023 FORT WAYNE, Ind. , Oct. 2, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in the United States , today announced it intends to release Third Quarter 2023 financial results after market close on Wednesday, October 18, 2023 . The teleconference is scheduled to begin at 11:00 a.m. Eastern Daylight...

Steel Dynamics Provides Third Quarter 2023 Earnings Guidance PR Newswire FORT WAYNE, Ind., Sept. 18, 2023 FORT WAYNE, Ind. , Sept. 18, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided third quarter 2023 earnings guidance in the range of $3.46 to $3.50 per diluted share. Comparatively, the company's sequential second quarter 2023 earnings were $4.81 per diluted share, and prior year third quarter earnings were $5.03 per diluted share. Third quarter 2023 profitability...

Steel Dynamics Appoints Jennifer Hamann to the Company's Board of Directors PR Newswire FORT WAYNE, Ind., Sept. 15, 2023 FORT WAYNE, Ind. , Sept. 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS:STLD) today announced that its Board of Directors has appointed Jennifer L. Hamann to the Company's Board of Directors. The appointment is for the balance of a one-year term ending May 2024 coinciding with the Company's regularly held Annual Meeting of Stockholders. Ms. Hamann, age 56, will serve...

Steel Dynamics Announces Third Quarter 2023 Cash Dividend PR Newswire FORT WAYNE, Ind., Aug. 18, 2023 FORT WAYNE, Ind. , Aug. 18, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.425 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2023 and is payable on or about October 16, 2023 . About Steel Dynamics, Inc. Steel Dynamics is...

Steel Dynamics is a Proud Supporter of The Steel Climate Standard to Reduce Greenhouse Gas Emissions PR Newswire FORT WAYNE, Ind., Aug. 3, 2023 FORT WAYNE, Ind. , Aug. 3, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) announced that the company supports The Steel Climate Standard . The Steel Climate Standard was published today by the Global Steel Climate Council (GSCC) to provide a technology-agnostic global standard to measure and report steel product greenhouse gas (GHG)...

Sinton Texas Flat Roll Steel Mill Hot Mill Restart PR Newswire FORT WAYNE, Ind., Aug. 1, 2023 FORT WAYNE, Ind. , Aug. 1, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the successful restart on July 28, 2023 , of the hot mill at its Sinton Texas Flat Roll Steel Mill after an unplanned outage began on July 1, 2023 . The outage related to caster shear equipment issues, which the team has successfully addressed. The company continued to operate Sinton's cold mill and...

Steel Dynamics Accelerates Progress Towards Decarbonization Goals with Renewable Energy PR Newswire FORT WAYNE, Ind., July 31, 2023 FORT WAYNE, Ind. , July 31, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that it has signed a Renewable Product Purchase Agreement (RPPA) with a subsidiary of NextEra Energy Resources, LLC for 308 megawatts of energy to be produced by a new wind farm project in Scurry County, Texas. The RPPA is the largest of its kind for the steel...