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Steel Dynamics Inc (STLD.OQ)

STLD.OQ on NASDAQ Stock Exchange Global Select Market

49.98USD
23 May 2018
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$-0.44 (-0.87%)
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Latest Key Developments (Source: Significant Developments)

Steel Dynamics Reports Q1 Earnings Per Share $0.96
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Steel Dynamics Inc ::STEEL DYNAMICS REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.96.Q1 SALES $2.6 BILLION VERSUS I/B/E/S VIEW $2.58 BILLION.Q1 EARNINGS PER SHARE VIEW $0.91 -- THOMSON REUTERS I/B/E/S.INCREASES Q1 CASH DIVIDEND BY 21 PERCENT.STEEL DYNAMICS - REMAIN "CONFIDENT" THAT CURRENT & ANTICIPATED MACROECONOMIC & MARKET CONDITIONS ARE IN PLACE TO BENEFIT DOMESTIC STEEL CONSUMPTION IN 2018.Q1 2018 AVERAGE PRODUCT SELLING PRICE FOR COMPANY'S STEEL OPERATIONS INCREASED $61 TO $822 PER TON.STEEL DYNAMICS - STEEL PRODUCTION UTILIZATION RATE WAS 94 PERCENT IN Q1 2018, COMPARED TO ESTIMATED DOMESTIC STEEL INDUSTRY UTILIZATION RATE OF 76 PERCENT."BELIEVE RECENT U.S. FEDERAL ADMINISTRATION STEEL TRADE ACTIONS WILL RESULT IN REDUCED IMPORTS DURING THE YEAR".  Full Article

Steel Dynamics Reports Q4 EPS $1.28
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Steel Dynamics Inc ::FY 2017 SALES $9.5 BILLION.STEEL DYNAMICS REPORTS FOURTH QUARTER AND ANNUAL 2017 RESULTS.Q4 EARNINGS PER SHARE $1.28.Q4 REVENUE VIEW $2.21 BILLION -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE VIEW $0.55 -- THOMSON REUTERS I/B/E/S.STEEL DYNAMICS - RECORDED ONE-TIME TAX BENEFIT OF $181 MILLION IN QUARTER RESULTING FROM REVALUATION OF ITS DEFERRED TAX ASSETS AND LIABILITIES.STEEL DYNAMICS-IN QUARTER, HAD TAX BENEFIT OF ABOUT $16 MILLION, OR $0.07 PER DILUTED SHARE, RELATED TO SOME DISCRETE VALUATION ALLOWANCE REDUCTIONS, OTHERS.‍"BELIEVE RECENT TAX REFORM WILL ALSO PROVIDE A STIMULUS FOR ADDITIONAL DOMESTIC FIXED ASSET INVESTMENT AND GROWTH"​.FABRICATION ORDER BACKLOG AND CUSTOMER SENTIMENT REMAINS "STRONG".STRONG FABRICATION ORDER BACKLOG IS A POSITIVE INDICATION THAT NON-RESIDENTIAL CONSTRUCTION MARKET IS CONTINUING TO STRENGTHEN.QTRLY ‍CONSOLIDATED NET SALES $2.34 BILLION VERSUS $1.91 BILLION​.STEEL DYNAMICS - DOMESTIC STEEL INDUSTRY BENEFITED IN 2017 FROM IMPROVEMENT IN DEMAND, AS AUTOMOTIVE SECTOR REMAINED STRONG, & CONSTRUCTION, ENERGY SECTORS IMPROVED.STEEL DYNAMICS - "CONFIDENT" CURRENT AND ANTICIPATED MACROECONOMIC AND MARKET CONDITIONS ARE IN PLACE TO BENEFIT DOMESTIC STEEL CONSUMPTION IN 2018.DOMESTIC STEEL INVENTORY LEVELS HAVE MODERATED.WORLD STEEL DEMAND AND PRICING HAVE STRUCTURALLY IMPROVED AND DOMESTIC STEEL DEMAND REMAINS HEALTHY.  Full Article

Danieli To Design and Install Water-Treatment Plant At Indiana Facility Of Steel Dynamics
Monday, 15 Jan 2018 

Jan 15 (Reuters) - DANIELI ::STEEL DYNAMICS INC <<>> ORDERS WATER-TREATMENT PLANT FROM DANIELI FOR INDIANA FACILITY.  Full Article

Steel Dynamics Announces Effectiveness Of S-4 Registration Statement
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Steel Dynamics Inc ::STEEL DYNAMICS ANNOUNCES EFFECTIVENESS OF S-4 REGISTRATION STATEMENT AND LAUNCH OF EXCHANGE OFFER FOR UP TO $350.0 MILLION OF ITS 4.125% SENIOR NOTES DUE 2025.STEEL DYNAMICS - EFFECTIVE DEC 22, WILL LAUNCH ITS OFFER TO EXCHANGE ITS REGISTERED EXCHANGE NOTES FOR OUTSTANDING UNREGISTERED OLD NOTES.STEEL DYNAMICS INC - OFFER WILL EXPIRE AT 5:00 PM NEW YORK CITY TIME ON JANUARY 24, 2018.  Full Article

Steel Dynamics Q3 Adjusted Earnings Per Share $0.66 Excluding Items
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Steel Dynamics Inc ::STEEL DYNAMICS PROVIDES FOURTH QUARTER 2017 GUIDANCE.SEES Q4 2017 EARNINGS PER SHARE $0.48 TO $0.52.Q3 ADJUSTED EARNINGS PER SHARE $0.66 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE VIEW $0.65 -- THOMSON REUTERS I/B/E/S.Q4 2017 PROFITABLY FOR COMPANY'S METALS RECYCLING PLATFORM IS EXPECTED TO REMAIN CONSISTENT WITH SEQUENTIAL Q3 RESULTS.ESTIMATED Q4 2017 EARNINGS GUIDANCE DOES NOT INCLUDE IMPACT FROM ANY PROPOSED CHANGE TO FEDERAL TAX LEGISLATION IN UNITED STATES.Q4 2017 PROFITABILITY FROM CO'S OVERALL STEEL OPERATIONS EXPECTED TO DECREASE VERSUS Q3 RESULTS.ANTICIPATED LOWER Q4 EARNINGS ARE DRIVEN BY COMPANY'S FLAT ROLL OPERATIONS.STEEL DYNAMICS - OVERALL AVERAGE FLAT ROLL STEEL PRICING IS EXPECTED TO DECLINE MORE THAN CONSUMED SCRAP RAW MATERIAL COSTS IN Q4.LONG PRODUCT OPERATIONS ALSO ANTICIPATE LOWER SEQUENTIAL EARNINGS BASED ON LOWER SHIPMENTS IN Q4.  Full Article

Steel Dynamics q3 earnings per share $0.64
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Steel Dynamics Inc :Steel dynamics reports third quarter 2017 results.Q3 earnings per share $0.64.Q3 sales $2.4 billion versus I/B/E/S view $2.39 billion.Q3 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.66 excluding items.Steel Dynamics - remain "optimistic" that macroeconomic and market conditions are in place to benefit domestic steel consumption in 2018​.Steel Dynamics - ‍planned upgrades in Q4 require longer than typical outages, resulting in higher costs, lower shipments.Steel Dynamics Inc - ‍planned upgrades in Q4 will reduce potential Q4 2017 pretax earnings by an estimated $25 million​.  Full Article

Steel Dynamics says repaid remaining 6.375 pct notes due 2022​
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Steel Dynamics Inc ::Effective October 13, co repaid all of its remaining outstanding 6.375% senior notes due 2022​ - SEC filing.Repaid remaining 6.375% senior notes due 2022 at price of 103.188% of principal amount of $167.1 million, with interest to Oct 13, 2017​.  Full Article

Steel Dynamics expects Q3 adj EPS of $0.63 to $0.67 excluding items
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - Steel Dynamics Inc :Sees Q3 2017 earnings per share $0.63 to $0.67 excluding items.Steel dynamics provides third quarter 2017 guidance and announces third quarter 2017 cash dividend.Sees Q3 2017 adjusted earnings per share $0.63 to $0.67 excluding items.Sees Q3 2017 earnings per share $0.61 to $0.65 including items.Q3 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.Steel dynamics inc - ‍q3 eps guidance includes estimated charges of approximately $0.02 per diluted share, related to q3 debt refinancing activities​.Steel dynamics inc - ‍q3 2017 profitability from company's steel operations is expected to be similar to sequential q2 results​.Steel Dynamics Inc - ‍company's flat roll operations anticipate lower sequential earnings due to metal spread compression in q3​.  Full Article

Steel Dynamics sees Q2 earnings per share $0.60 to $0.64
Friday, 16 Jun 2017 

June 15 (Reuters) - Steel Dynamics Inc ::Says q1 2017 earnings per share $0.82.Steel dynamics provides second quarter 2017 guidance and announces second quarter 2017 cash dividend.Sees q2 2017 earnings per share $0.60 to $0.64.Steel dynamics inc says provided q2 2017 earnings guidance in range of $0.60 to $0.64 per diluted share.q2 2017 profitably for co's metals recycling platform is expected to remain steady compared to sequential q1 based on higher average sales price.  Full Article

Steel Dynamics sees Q1 2017 earnings per share $0.77 to $0.81
Friday, 17 Mar 2017 

Steel Dynamics Inc : Steel dynamics provides first quarter 2017 guidance and announces first quarter 2017 cash dividend increase . Sees q1 2017 earnings per share $0.77 to $0.81 . Sees q4 2016 earnings per share $0.08 . Declared quarterly cash dividend of $0.1550 per common share, an 11% increase over company's 2016 quarterly rate .Steel dynamics- q1 2017 profitably for co's metals recycling platform expected to improve sequentially on higher ferrous scrap demand and metal spread expansion.  Full Article