STLD Steel Dynamics

Steel Dynamics, Inc. engages in the manufacture of steel products and metal recycling. It operates through the following segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other. The Steel Operations segment consists of sheet products including hot roll, cold roll, and coated steel; long products including structural steel beams, pilings, and standard and premium grade rail; and steel finishing services such as turning, polishing, straightening, chamfering, threading, and precision saw-cutting. The Metals Recycling Operations segment provides an array of both ferrous and non-ferrous scrap recycling, scrap management, transportation, and brokerage products and services. The Steel Fabrication Operations segment offers steel joists, girders, and steel deck, including specialty deck. The Other segment comprises of subsidiary operations and certain unallocated corporate accounts. The company was founded by Keith E. Busse, Mark D. Millett, Richard P. Teets and John C. Bates in August 1993 and is headquartered in Fort Wayne, IN.
Company profile
Ticker
STLD
Exchange
Website
CEO
Mark Millett
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
351929476
STLD stock data
()
News
Steel Dynamics Earnings Preview
16 Apr 21
Steel Dynamics To Invest $225M In Two New Flat Roll Steel Coating Lines To Support Sinton Steel Mill; Plans To Invest $175M-$200M In New Flat Roll Steel Coating Lines In Midwest
15 Apr 21
Benzinga's Top Ratings Upgrades, Downgrades For April 12, 2021
12 Apr 21
Goldman Sachs Initiates Coverage On Steel Dynamics with Buy Rating
12 Apr 21
Benzinga's Top Ratings Upgrades, Downgrades For April 9, 2021
9 Apr 21
Press releases
Steel Dynamics Provides Strategic Growth Update Regarding its Flat Roll Steel Operations
15 Apr 21
Steel Dynamics Announces First Quarter 2021 Earnings Conference Call and Webcast
7 Apr 21
Steel Dynamics Provides First Quarter 2021 Earnings Guidance
17 Mar 21
Steel Dynamics Announces Leadership Promotions
16 Mar 21
Steel Dynamics Congratulates Glenn A. Pushis for Receiving the 2020 AIME Honorary Member Award
15 Mar 21
Calendar
1 Mar 21
18 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.37B | 1.37B | 1.37B | 1.37B | 1.37B | 1.37B |
Cash burn (monthly) | (positive/no burn) | 1.11M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | n/a | 4M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 1.37B | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 1238.5 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 21 | Alvarez Miguel | Common Stock | Payment of exercise | Dispose F | No | No | 47.39 | 6,186 | 293.15K | 53,327 |
15 Mar 21 | Alvarez Miguel | Common Stock | Grant | Aquire A | No | No | 0 | 14,040 | 0 | 59,513 |
15 Mar 21 | Graham Christopher A | Common Stock | Payment of exercise | Dispose F | No | No | 47.39 | 11,523 | 546.07K | 69,371 |
15 Mar 21 | Graham Christopher A | Common Stock | Grant | Aquire A | No | No | 0 | 18,213 | 0 | 80,894 |
15 Mar 21 | Glenn Pushis | Common Stock | Payment of exercise | Dispose F | No | No | 47.39 | 12,818 | 607.45K | 146,136 |
15 Mar 21 | Glenn Pushis | Common Stock | Grant | Aquire A | No | No | 0 | 20,119 | 0 | 158,954 |
15 Mar 21 | Millett Mark D | Common Stock | Payment of exercise | Dispose F | No | No | 47.39 | 72,434 | 3.43M | 3,311,587 |
15 Mar 21 | Millett Mark D | Common Stock | Grant | Aquire A | No | No | 0 | 79,415 | 0 | 3,384,021 |
15 Mar 21 | Russell B Rinn | Common Stock | Payment of exercise | Dispose F | No | No | 47.39 | 22,567 | 1.07M | 250,017 |
15 Mar 21 | Russell B Rinn | Common Stock | Grant | Aquire A | No | No | 0 | 23,295 | 0 | 272,584 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
80.6% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 447 |
Opened positions | 85 |
Closed positions | 51 |
Increased positions | 133 |
Reduced positions | 171 |
13F shares |
Current |
---|---|
Total value | 46.39B |
Total shares | 170.24M |
Total puts | 1.37M |
Total calls | 955.5K |
Total put/call ratio | 1.4 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 22.66M | $835.63M |
Vanguard | 18.75M | $691.38M |
Boston Partners | 9.56M | $352.5M |
STT State Street | 8.6M | $319.15M |
Victory Capital Management | 8.16M | $300.77M |
Dimensional Fund Advisors | 6.84M | $252.03M |
D. E. Shaw & Co. | 3.94M | $145.22M |
Norges Bank | 3.75M | $138.38M |
BK Bank Of New York Mellon | 3.22M | $118.82M |
Charles Schwab Investment Management | 3.1M | $114.12M |
Financial report summary
?Management Discussion
- In March 2020, the World Health Organization categorized COVID-19 as a pandemic, and since that time, efforts to slow the contagion have impacted domestic and global economies. Countries, including the United States, issued “shelter in place” orders, temporarily closing non-essential businesses and restricting social interactions in an effort to slow the spread of COVID-19. States began to reopen during the second quarter 2020, and domestic manufacturing started to improve.
- Steelmaking and its ancillary support businesses are considered a “critical infrastructure industry” by the U.S. Department of Homeland Security and we have been deemed an essential busines in all of the states in which we operate. As a result, all of our locations continued to operate during all of 2020 and continue to operate.
- Our teams are our most valued priority, and we have implemented numerous additional process and procedural initiatives to ensure the health and safety of our people, their families, and our communities. We adjusted schedules to support social distancing, provided additional and more frequent sanitizing applications, provided additional protective measures, among many other actions.
Content analysis
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H.S. sophomore Avg
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New words:
accessibility, accident, adaptable, adhering, administered, ancillary, anniversary, art, aspect, Bureau, buying, Central, circumstance, colleague, constant, contagion, creation, de, Department, departmental, dignity, dioxide, distancing, DOL, education, effort, empowering, empowerment, encourage, endeavor, esprit, essential, exclusive, extremely, feasible, fore, forefront, fraction, friendly, harassment, healthy, Homeland, inclusion, inclusive, install, intact, meaningfully, noncore, nursing, onsite, optimize, optimizing, OSHA, overarching, override, pandemic, paramount, passion, people, pertinent, philosophy, pillar, port, procedural, promote, prudent, pursuit, quickly, rebound, rebounded, regularly, reminded, reopen, request, resilience, restarted, retention, robust, sanitizing, shareholder, shelter, slab, slight, smarter, spirit, stable, stay, supervisor, synergistic, talent, technically, temporarily, thin, tolerance, top, transparency, travel, trough, unemployment, unified, utmost, voluntary, weaker, workplace, worsen, yield, Zimmer
Removed:
accentuated, adding, adequacy, adjusting, Administration, agreed, agricultural, AMM, announced, appliance, attempt, attractive, bachelor, baling, briquetting, cable, Carolina, CF, chair, chevron, circle, circumvent, CMC, coke, compression, concentrate, condensed, considerably, consolidating, consummate, controlling, Conversely, cum, Darlington, declined, dictate, divisional, domestically, doubtful, eastern, eddy, employed, engineering, England, enhancing, enumerated, execute, exiting, falling, flux, foster, fostering, Galfan, galvanneal, gauge, graduate, graduated, hard, identifying, IDI, idling, implement, indefinitely, indenture, inspection, Institute, integrate, IRS, justified, laude, law, leader, leakage, levied, logo, Lutheran, manufacturer, MBA, mechanical, medium, metallurgist, metallurgy, Michigan, moving, nation, navigate, needle, occurrence, offer, offering, offsetting, opposite, organic, outcome, outflow, outpacing, paralleling, passed, patent, pending, Pennsylvania, perspective, Piling, Pittsburgh, preceding, presence, proposed, Purdue, put, quicker, receipt, recent, recently, recoup, resell, residential, restructuring, resume, revalue, Ryan, Saint, satisfactory, scheduled, School, science, shop, shortage, slogan, sourcing, South, spanning, Stanford, Steelmaker, step, strip, suffer, Surrey, Sustaining, symbiotic, Taylor, TCJA, telephone, tender, territorial, thing, threading, torching, transfer, transporting, Trine, ultrasonic, unfairly, University, unlawful, Western, worldwide
Financial reports
10-K
2020 FY
Annual report
1 Mar 21
10-Q
2020 Q3
Quarterly report
9 Nov 20
10-Q/A
2020 Q2
Quarterly report (amended)
11 Aug 20
10-Q
2020 Q2
Quarterly report
10 Aug 20
10-Q
2020 Q1
Quarterly report
11 May 20
10-K
2019 FY
Annual report
27 Feb 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
9 Aug 19
10-Q
2019 Q1
Quarterly report
10 May 19
10-K
2018 FY
Annual report
27 Feb 19
Current reports
8-K
Steel Dynamics Provides First Quarter 2021 Earnings Guidance
19 Mar 21
8-K
Steel Dynamics Announces First Quarter 2021 Cash Dividend Increase
1 Mar 21
8-K
Steel Dynamics Reports Fourth Quarter and Fourth Quarter 2020 Comments
28 Jan 21
8-K
Steel Dynamics Provides Fourth Quarter 2020 Earnings Guidance
21 Dec 20
8-K
Steel Dynamics Announces Fourth Quarter 2020 Cash Dividend
20 Nov 20
8-K
Steel Dynamics Reports Third Quarter 2020 Results
21 Oct 20
8-K
Steel Dynamics Announces Completion of Note Offering and Redemption Call for its 4.125% Senior Notes Due 2025
9 Oct 20
8-K
Steel Dynamics Provides Third Quarter 2020 Earnings Guidance
21 Sep 20
8-K
Steel Dynamics Announces Third Quarter 2020 Cash Dividend
25 Aug 20
8-K
Steel Dynamics Completes Acquisition of a
5 Aug 20
Registration and prospectus
424B2
Prospectus for primary offering
8 Oct 20
FWP
Free writing prospectus
7 Oct 20
424B5
Prospectus supplement for primary offering
7 Oct 20
424B2
Prospectus for primary offering
4 Jun 20
FWP
Free writing prospectus
3 Jun 20
424B5
Prospectus supplement for primary offering
3 Jun 20
424B2
Prospectus for primary offering
10 Dec 19
FWP
Free writing prospectus
9 Dec 19
424B5
Prospectus supplement for primary offering
9 Dec 19
S-3ASR
Automatic shelf registration
4 Dec 19
Proxies
DEFA14A
Additional proxy soliciting materials
29 Mar 21
DEF 14A
Definitive proxy
29 Mar 21
DEFA14A
Additional proxy soliciting materials
27 Apr 20
DEFA14A
Additional proxy soliciting materials
24 Mar 20
DEF 14A
Definitive proxy
24 Mar 20
DEFR14A
Revised proxy
2 May 19
DEFA14A
Additional proxy soliciting materials
23 Apr 19
DEFA14A
Additional proxy soliciting materials
27 Mar 19
DEF 14A
Definitive proxy
27 Mar 19
DEF 14A
Definitive proxy
27 Mar 18
Other
SD
Conflict minerals disclosure
28 May 20
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
25 May 18
EFFECT
Notice of effectiveness
20 Dec 17
CORRESP
Correspondence with SEC
14 Dec 17
UPLOAD
Letter from SEC
12 Dec 17
SD
Conflict minerals disclosure
25 May 17
EFFECT
Notice of effectiveness
16 Apr 17
CORRESP
Correspondence with SEC
11 Apr 17
UPLOAD
Letter from SEC
11 Apr 17
Ownership
4
STEEL DYNAMICS / Theresa E Wagler ownership change
16 Mar 21
4
STEEL DYNAMICS / BARRY SCHNEIDER ownership change
16 Mar 21
4
STEEL DYNAMICS / RUSSELL B RINN ownership change
16 Mar 21
4
STEEL DYNAMICS / Glenn Pushis ownership change
16 Mar 21
4
STEEL DYNAMICS / MARK D MILLETT ownership change
16 Mar 21
4
STEEL DYNAMICS / Christopher A Graham ownership change
16 Mar 21
4
STEEL DYNAMICS / Miguel Alvarez ownership change
16 Mar 21
4
STEEL DYNAMICS / KEITH E BUSSE ownership change
11 Mar 21
4
STEEL DYNAMICS / BARRY SCHNEIDER ownership change
1 Mar 21
4
STEEL DYNAMICS / Theresa E Wagler ownership change
1 Mar 21
Transcripts
2020 Q4
Earnings call transcript
26 Jan 21
2020 Q3
Earnings call transcript
20 Oct 20
2020 Q2
Earnings call transcript
21 Jul 20
2020 Q1
Earnings call transcript
21 Apr 20
2019 Q4
Earnings call transcript
23 Jan 20
2019 Q2
Earnings call transcript
23 Jul 19
2019 Q1
Earnings call transcript
22 Apr 19
2018 Q4
Earnings call transcript
22 Jan 19
2018 Q3
Earnings call transcript
18 Oct 18
2018 Q2
Earnings call transcript
24 Jul 18
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