STLD

Steel Dynamics, Inc.

September 17, 2026 · after-hours

Rarity
1.18
Peak move
−4.80%
Float cap
$33.2B

Steel Dynamics, Inc. is an industrial metals solutions company with facilities in the United States and Mexico. It produces steel and processes and sells recycled ferrous and nonferrous metals, fabricates steel joist and deck products, and supplies aluminum flat rolled products to the beverage can, automotive, and industrial sectors.

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What we found

11 events · 1 from SEC or newswire · 1 timed with the move
  • Key eventTimed with the moveguidance_change

    Steel Dynamics guided third-quarter 2026 earnings to $5.34-$5.38 per diluted share, versus $3.69 in Q2 2026 and $2.74 a year earlier, citing metal margin expansion, record steel shipments and lower scrap costs, with results due Oct 19, 2026.

  • Key eventcommodity_event

    The China Iron and Steel Association and 45 major steelmakers including China Baowu pledged on Sept 15 to strictly control output and cut elevated inventories; rebar futures held above CNY 3,120/ton near two-month highs.

  • institutional_flow

    Bank of America Corp DE disclosed a new stake of 1,151,452 Steel Dynamics shares worth about $264.2 million, roughly 0.8% of the company, per its latest SEC filing.

  • commodity_event

    Chinese scrap metal prices were mixed on 16 September 2026, with #1 HMS and cast iron scrap steady while stainless steel scrap edged lower across most grades.

  • Key eventbuyback

    Steel Dynamics said it repurchased $261 million, or just under one percent, of its common stock so far during the third quarter of 2026.

  • commodity_event

    Korean steelmakers' ferrous scrap inventories fell 0.8% week-on-week to 1.063 million tonnes as of 15 September, the first decline in three weeks.

  • commodity_event

    US domestic ferrous scrap prices held firm on 16 September, with No.1 HMS at $400/long ton and shredded scrap at $415/long ton, and export HMS 80:20 at $370/t.

  • commodity_event

    Taiwan's Feng Hsin Steel raised its local HMS 80:20 scrap buying price by TWD 200/t to TWD 9,800/t, a four-month high, while holding its 13mm rebar list price at TWD 18,100/t for 14-18 September.

  • commodity_event

    Indian induction-furnace steel prices rose sharply on 16 September 2026, with sponge iron up INR 100-200/t, billet up INR 50-500/t, and rebar up INR 100-600/t day-on-day.

  • commodity_event

    Ship-breaking melting scrap in Alang, Gujarat held at INR 38,500/t ex-yard on 16 September 2026, while Bhavnagar billet fell INR 200/t to INR 47,300/t and Mandi Gobindgarh HMS 80:20 rose INR 100/t to INR 40,000/t.

  • commodity_event

    China's domestic heavy scrap market on 16 September saw mixed mill adjustments of 10-30 yuan/t, with Shagang's Jiangsu furnace charge at 2,500 yuan/t and Tangshan Delong heavy scrap at 2,221 yuan/t.