Steel Dynamics, Inc. (STLD)

Over the past six months, Steel Dynamics' stock (STLD) has experienced several notable events and performance trends. As of September 29, 2025, the share price was $138.88, an increase of 10.15% from September 30, 2024. Key events impacting the stock include Q1 2025 earnings guidance, Q1 2025 results and outlook, Q2 2025 results, and Q3 2025 earnings guidance. The company provided Q1 2025 earnings guidance in the range of $1.36 to $1.40 per diluted share. Q1 net income was reported at $217 million, or $1.44 per diluted share. Steel Dynamics announced Q2 2025 net sales of $4.6 billion and net income of $299 million, or $2.01 per diluted share. The company provided Q3 2025 earnings guidance in the range of $2.60 to $2.64 per diluted share, leading to a 6.6% surge in shares.

While the information does not explicitly detail a strong, consistent seasonal pattern for all of Steel Dynamics' products, steel fabrication operations experienced "seasonally lower shipments" in Q1 2025. Overall demand for Steel Dynamics' products and services is primarily driven by key industrial sectors, including non-residential construction, automotive, energy, manufacturing, data centers, warehouses, and healthcare. U.S. infrastructure projects, accelerated domestic manufacturing investment, and onshoring/reshoring trends are significant factors expected to generate sustained demand for steel products.

Steel Dynamics, Inc. (STLD) is a diversified steel producer and metal recycler involved in steel production, metals recycling, steel fabrication, and aluminum operations. The company's major products include flat-rolled steel, long steel products, and steel joists and deck. Through its OmniSource subsidiary, Steel Dynamics processes and sells ferrous and nonferrous scrap metals. The company is also expanding into aluminum flat-rolled products targeting the sustainable beverage can, automotive, and industrial sectors.

Steel Dynamics, Inc. has a strategic geographic footprint with facilities located throughout the United States and in Mexico, with its headquarters in Fort Wayne, Indiana. The company's operations include steel mills and fabrication facilities strategically positioned across the U.S., including key locations in Butler, Indiana; Columbus, Mississippi; Roanoke, Virginia; and Sinton, Texas. OmniSource also has operations in Mexico, and Steel Dynamics acquired Zimmer, S.A. de C.V., to expand into the Mexican market.

Steel Dynamics has maintained a strong brand reputation, marked by consistent recognition for its operational excellence and commitment to sustainability. For the eighth consecutive year, Fortune named Steel Dynamics, Inc. one of the World's Most Admired Companies for 2025. In 2022, Steel Dynamics was also named Manufacturer of the Year by KPC Media and the Regional Chamber of Northeast Indiana. The company emphasizes its dedication to "green manufacturing" and sustainability, noting its electric arc furnace (EAF) technology results in a carbon footprint that is 8% of the global average for steelmaking.

Steel Dynamics, Inc. features a widely held ownership structure, with institutional investors holding a significant majority, approximately 65.90% to 83% of the company's stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Vanguard Group, Inc. is noted as the largest shareholder, holding 12% of shares outstanding. Insiders own approximately 6.56% of the stock, while public companies and individual investors hold around 26.47% to 27.54%. Mark Millett, the CEO, holds 2.0% of the shares.