Steel Dynamics (STLD) Stock News
$STLD · NASDAQ · 3 stories in 30 daysBORSA has published 3 stories on Steel Dynamics (STLD) in the past 30 days. BORSA’s news read on STLD is bullish at 64/100, based on 3 company events over the past 7 days.
The wire on $STLD
newest first · updated · direct subject stories onlySteel Dynamics reported Q3 net income of $756M ($5.26/diluted), up from $534M sequentially and $404M a year ago. Net sales were $6.5B. Record steel shipments of 3.8M tons and average selling price of $1,400/ton drove steel operations operating income of $1.0B. Fabrication segment earned $91M, recycling $33M. Aluminum operations lost $26M but were EBITDA breakeven. Cash flow from operations was $846M. The company repurchased $276M of stock. Order backlog is 50% higher year-over-year, extending into Q2 2027.
bullish 75 · impact 60Management expressed confidence in the domestic steel and aluminum industries looking to 2027 and beyond, following Q3 results that included record shipments and a strong order backlog.