Steel Dynamics, Inc. (STLD)

In the past six months, Steel Dynamics' stock has experienced several notable events. The stock was up 22.31% over the last six months as of October 2025. In Q1 2025, STLD reported net sales of $4.4 billion and net income of $217 million, or $1.44 per diluted share. Steel Dynamics provided Q2 2025 earnings guidance of $2.00-$2.04 per diluted share. In Q3 2025, STLD reported net sales of $4.8 billion and net income of $404 million, or $2.74 per diluted share. Several firms have updated their ratings and price targets for STLD, generally indicating a positive outlook. The company announced a quarterly dividend of $0.50 per share, paid on October 10, 2025, with an ex-dividend date of September 30, 2025. Steel Dynamics repurchased $179 million of common stock in Q2 2025, representing 1% of shares. On July 30, 2025, SVP Christopher A. Graham sold 12,000 shares of STLD stock for a total value of $1,520,520.00. On October 27, 2025, Steel Dynamics launched its lower-embodied-carbon steel products, BIOEDGE™ and EDGE™. The company's aluminum operations have been progressing, with successful commissioning in Mississippi and Mexico, and shipments expected by mid-2025.

Demand for Steel Dynamics' products and services can exhibit seasonality, particularly in its steel fabrication operations. Steel fabrication shipments can be seasonally lower. However, underlying steel demand has shown improvement, with customer orders rebounding and backlogs increasing in early 2025. Infrastructure programs in the U.S. are also expected to positively impact future demand for steel joist and deck products, as well as flat rolled and long product steel. The company is also monitoring supply and demand dynamics in scrap markets. The company's investment in aluminum operations aims to further diversify its product offerings and potentially mitigate some cyclicality.

Steel Dynamics, Inc. is a prominent industrial metals solutions company and one of the largest domestic steel producers and metal recyclers in North America. The company operates using a circular manufacturing model, primarily producing lower-carbon-emission steel from recycled scrap using electric arc furnace (EAF) technology. STLD's operations are segmented into steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. The company recently launched lower-embodied-carbon steel products, BIOEDGE™ and EDGE™, to support customer sustainability initiatives.

Steel Dynamics, Inc. has a significant operating presence throughout the United States and in Mexico. Its headquarters are located in Fort Wayne, Indiana, USA. The company's steel fabrication operations have a national footprint, serving the entire domestic construction market. Metals recycling operations are strategically located across the United States and Central and Northern Mexico, often near its steel mills and other scrap consumers.

In the past year, Steel Dynamics has continued to emphasize its commitment to sustainability and producing lower-carbon-emission products. The launch of BIOEDGE™ and EDGE™ lower-embodied-carbon steel products in October 2025 highlights this focus, aiming to support customers' greenhouse gas emissions reduction and sustainability initiatives. This aligns with the company's circular manufacturing model and use of EAF technology, which positions it as a leader in sustainable steelmaking.

Steel Dynamics, Inc. has a mixed ownership structure comprising institutional, retail, and individual investors. Institutional investors hold a significant portion of the company's stock, approximately 82.41% to 83%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual insider ownership accounts for about 6.30% to 13.56% of the stock. Richard P. Teets Jr. is noted as a significant individual shareholder, owning 3.65% of the company's shares. Mark Millett, the CEO, holds 2.0% of the shares.