STLD Steel Dynamics Dashboard

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

NASDAQ

Website

www.steeldynamics.com/

CEO

Mark Millett

Incorporated

Indiana

Location

Indiana

Fiscal year end

Dec 31

Sector

Manufacturing > Iron and Steel Mills and Ferroalloy Manufacturing

Industry (SIC)

Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

Mechel PJSC • United States Steel • Nucor • Ak Steel Holding • Commercial Metals • SunCoke Energy • Carpenter Technology • TimkenSteel • SunCoke Energy Partners • Universal Stainless & Alloy Products ...

SEC CIK

0001022671

Corporate docs

Articles of Incorporation & Bylaws

IRS number

351929476

STLD stock data

S&P 500

1M 1Y 2Y 5Y

News

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Steel Dynamics Earnings Preview

16 Apr 21

Steel Dynamics (NASDAQ:STLD) releases its next round of earnings this Monday, April 19. Here is Benzinga's essential guide to Steel Dynamics's Q1 earnings report.

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

Today Steel Dynamics, Inc. (NASDAQ:STLD) provided a strategic update concerning its ongoing and new flat roll steel growth initiatives. "We are incredibly excited about the progress being made at our

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

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Steel Dynamics Provides Strategic Growth Update Regarding its Flat Roll Steel Operations

15 Apr 21

FORT WAYNE, Ind., April 15, 2021 /PRNewswire/ -- Today Steel Dynamics, Inc. (NASDAQ:STLD) provided a strategic update concerning its ongoing and new flat roll steel growth initiatives. "We are incredibly excited

Steel Dynamics Announces First Quarter 2021 Earnings Conference Call and Webcast

7 Apr 21

FORT WAYNE, Ind., April 7, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ:STLD), one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release first

Steel Dynamics Provides First Quarter 2021 Earnings Guidance

17 Mar 21

FORT WAYNE, Ind., March 17, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ:STLD) today provided first quarter 2021 earnings guidance in the range of $1.88 to $1.92 per diluted share. Excluding the impact from costs

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

Financial statements Chart STLD financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

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

Beta Read what these cash burn values mean

Recent insider trades

STLD insider ownership history Insider history

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

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

STLD institutional ownership history Ownership history

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	Prev Q	Change
Total holders	447	413	+8.2%
Opened positions	85	50	+70.0%
Closed positions	51	35	+45.7%
Increased positions	133	136	-2.2%
Reduced positions	171	168	+1.8%

13F shares	Current	Prev Q	Change
Total value	46.39B	4.84B	+859.1%
Total shares	170.24M	168.81M	+0.8%
Total puts	1.37M	1.31M	+4.7%
Total calls	955.5K	592.6K	+61.2%
Total put/call ratio	1.4	2.2	-35.0%

Largest owners	Shares	Value	Change
BLK Blackrock	22.66M	$835.63M	-0.8%
Vanguard	18.75M	$691.38M	+1.9%
Boston Partners	9.56M	$352.5M	+143.0%
STT State Street	8.6M	$319.15M	-0.6%
Victory Capital Management	8.16M	$300.77M	-0.5%
Dimensional Fund Advisors	6.84M	$252.03M	-3.5%
D. E. Shaw & Co.	3.94M	$145.22M	-2.2%
Norges Bank	3.75M	$138.38M	NEW
BK Bank Of New York Mellon	3.22M	$118.82M	+4.1%
Charles Schwab Investment Management	3.1M	$114.12M	+6.0%

Largest transactions	Shares	Bought/sold	Change
Boston Partners	9.56M	+5.63M	+143.0%
Norges Bank	3.75M	+3.75M	NEW
Ajo	264.61K	-2.79M	-91.3%
Millennium Management	358.5K	-1.89M	-84.0%
Renaissance Technologies	1.6M	-1.39M	-46.5%
Aqr Capital Management	2M	-1.04M	-34.1%
Kames Capital	815K	+815K	NEW
KBCSF KBC	920.12K	+787.34K	+593.0%
PRU Prudential Financial	1.17M	-733.96K	-38.5%
Scopus Asset Management	730K	+730K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Gerdau • TimkenSteel

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

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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

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From filing 10-K 2020 FY