Steel Dynamics Inc. (STLD)
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Why is STLD moving?
BullishAug 24Nucor (NUE) and Steel Dynamics saw a rally following the collapse of U.S.-Canada trade talks that would have reduced U.S. tariffs on steel and aluminum. The trade discussions fell apart, leading to the imposition of new 50% tariffs on $20 billion of Canadian goods. This development impacted stocks positively after they had declined last week in anticipation of a deal. The reaction from these stocks indicates market optimism regarding the potential for higher domestic steel prices due to increased tariffs, which could benefit producers like Nucor and Steel Dynamics.
Read the full story →Steel Dynamics Inc. (STLD) overview
Steel Dynamics is a major U.S. steel producer and metals recycler. It is a member of the S&P 500 and is classified in the Materials sector — chemical, metal, mining and packaging companies that supply raw inputs.
Steel Dynamics Inc. trades on the NasdaqGS under the ticker symbol STLD. As of the most recent market data, the stock was priced around $233.58, up 2.14% on the session, giving Steel Dynamics Inc. a market capitalization of roughly $33.48B.
Over the past 52 weeks, STLD has traded between $126.88 and $288.74. Shares are valued at a trailing price-to-earnings (P/E) ratio of about 21.2, a common gauge of how richly the market prices the company's earnings. Steel Dynamics Inc. also pays a dividend, currently yielding around 93.00%.
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Why investors watch STLD
As one of the larger companies in the Materials sector, Steel Dynamics Inc. is closely followed by investors and often moves with broader trends across chemical, metal, mining and packaging companies that supply raw inputs. Traders watch STLD for earnings reports, analyst rating changes, and headlines that can shift sentiment — each of which is summarized on this page as it breaks.
Market Mood
Latest STLD news
Nucor (NUE) and Steel Dynamics Surge After Canada Trade Talks Fail
Nucor (NUE) and Steel Dynamics saw a rally following the collapse of U.S.-Canada trade talks that would have reduced U.S. tariffs on steel and aluminum. The trade discussions fell apart, leading to the imposition of new 50% tariffs on $20 billion of Canadian goods. This development impacted stocks positively after they had declined last week in anticipation of a deal. The reaction from these stocks indicates market optimism regarding the potential for higher domestic steel prices due to increased tariffs, which could benefit producers like Nucor and Steel Dynamics.
Read More: Nucor (NUE) and Steel Dynamics Surge After Canada Trade Talks FailMore Materials stocks
Frequently asked questions
Is Steel Dynamics Inc. in the S&P 500?
Yes. Steel Dynamics Inc. (STLD) is a member of the S&P 500 index, classified in the Materials sector.
What sector is STLD in?
Steel Dynamics Inc. is classified in the Materials sector of the S&P 500 — chemical, metal, mining and packaging companies that supply raw inputs.
Where can I find the latest STLD news?
This page collects recent Steel Dynamics Inc. (STLD) news and market analysis, each article summarized by AI and tagged with bullish, bearish, or neutral sentiment.
What is Steel Dynamics Inc.'s stock price?
As of the most recent market data, Steel Dynamics Inc. (STLD) traded at approximately $233.58. Prices move throughout the trading day, so this reflects the latest available quote rather than a live price.
What is Steel Dynamics Inc.'s market cap?
Steel Dynamics Inc. has a market capitalization of roughly $33.48B, based on its most recent share price and shares outstanding.
What is STLD's P/E ratio?
STLD trades at a trailing price-to-earnings ratio of about 21.2. The P/E ratio compares a company's share price to its earnings per share.