STLD
Steel Dynamics, Inc.
September 18, 2026 · market open
- Rarity
- 1.19
- Peak move
- −5.23%
- 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
14 events · 3 from SEC or newswire · 1 timed with the move- Timed with the move
reg_fd_disclosureSteel Dynamics furnished a September 17, 2026 press release under Item 7.01 covering third-quarter 2026 earnings guidance, third-quarter share repurchases and aluminum mill startup progress in Columbus, Mississippi.
SEC8-K 0001104659-26-108777 - Key event
commodity_eventUS benchmark hot-rolled coil prices stood at $1,237 per short ton as of September 17, up about 30% year-to-date and 49% over the past 12 months.
analyst_ratingBank of America's Lawson Winder reiterated a Buy rating on Nucor with a $280 price target, and Barclays maintained Buy with a $295 target, calling Nucor's below-consensus Q3 EPS guide a timing issue.
- Key event
policy_changeCanada announced 50% tariffs on imports of American steel and aluminum products, a trade measure affecting US steelmakers' shipments into the Canadian market.
commodity_eventUS ferrous scrap prices held broadly steady in the September trading round, with Midwest shredded scrap at about $420-425/t DAP and busheling up $10/t month-on-month to $465-470/t DAP.
analyst_ratingBank of America Securities analyst Lawson Winder maintained a Hold rating on Steel Dynamics with an unchanged $260 price target, citing below-expectation Q3 EPS guidance and a cautious flat-rolled steel pricing outlook.
analyst_ratingBarclays maintained its Buy (Overweight) rating on Steel Dynamics with a $272 price target on September 18, 2026.
analyst_ratingGoldman Sachs reiterated a Buy recommendation on Steel Dynamics in a note published September 18, 2026.
- Key event
guidance_changeSteel 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.
wireprnewswire.comWebsa.marketscreener.comWebcentralcharts.comWebprnewswire.comSEC8-K 0001104659-26-108777Websec.gov buybackSteel Dynamics repurchased $261 million, just under 1% of its common stock, so far during the third quarter of 2026.
institutional_flowBank 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.
peer_disclosureNucor guided third-quarter 2026 adjusted EPS to $5.55-$5.65, below consensus, with higher steel mills and steel products earnings and lower raw materials results; it also repurchased about 2.03 million shares at an average $247.04.
pricing_changeNucor raised its consumer spot price for hot-rolled coil by $10 to $1,200 per short ton and announced merchant bar price increases of $30-$50 per short ton.
analyst_ratingJPMorgan raised its Steel Dynamics price target to $273 from $260 while keeping a Neutral/Hold rating, following the company's mid-quarter Q3 2026 update.