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Steel Dynamics Inc (STLD.OQ)

STLD.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

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

Sims Metal Management says sale of assets in North America Metals, Central Region
Friday, 12 Aug 2016 

Sims Metal Management Ltd : Sale is related principally to selected metals recycling facilities located in Tennessee and Mississippi . Sims metal management announces sale of assets in North America Metals, Central Region .Says sale of certain metals recycling assets in Central Region of North America to Steel Dynamics, Inc..  Full Article

Steel Dynamics Q2 earnings per share $0.58
Monday, 18 Jul 2016 

Steel Dynamics Inc : During Q2 2016, saw continued positive momentum in flat roll steel supply environment . Saw improved volumes and profitability in our metals recycling platform for Q2 2016 . Steel dynamics reports second quarter 2016 results . Q2 earnings per share $0.58 . Q2 sales $2.0 billion versus I/B/E/S view $2.04 billion . Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.22 excluding items . Anticipate improved flat roll metal spreads in Q3 2016 . Domestic steel demand outlook is relatively unchanged .Ferrous scrap demand improved in Q2.  Full Article

Steel Dynamics to acquire Vulcan Threaded Products
Thursday, 30 Jun 2016 

Steel Dynamics Inc : Steel Dynamics to acquire Vulcan Threaded Products to expand SBQ finishing capabilities . Transaction is expected to be immediately accretive to 2016 earnings and cash flow per share. . Purchase price will be paid in cash from available funds .Co to purchase vulcan for $126 million, inclusive of $42 million in working capital, which is subject to typical post-closing adjustments..  Full Article

Steel Dynamics expect Q2 2016 EPS of $0.53 to $0.57
Monday, 13 Jun 2016 

Steel Dynamics Inc : Sees Q2 2016 earnings per share $0.53 to $0.57 . Steel Dynamics provides second quarter 2016 guidance and announces second quarter 2016 cash dividend . Sees Q2 2016 earnings per share $0.53 to $0.57 . Sets quarterly cash dividend of $0.14 per share . Metals recycling platform is expected to achieve higher sequential Q2 2016 earnings . Says Q2 2016 fabrication shipments are expected to remain consistent sequentially .Q2 profitability from steel operations expected to be almost double sequential Q1, based on both improved metal spread and shipments.  Full Article