Steel Dynamics Inc. (STLD)
Materials1 article
Price chart
Why is STLD moving today?
-0.0%STLD is -0.0% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of just now
Steel Dynamics Inc. (STLD) overview
Steel Dynamics is a major U.S. steel producer and metals recycler.
STLD is a member of the S&P 500. It sits in the Materials sector. That sector covers chemical, metal, mining and packaging companies that supply raw inputs.
Steel Dynamics Inc. trades on the NasdaqGS under the ticker symbol STLD. The most recent market data puts the share price at about $240.75. That is down 0.01% on the session. At that price the company is worth roughly $34.51B.
Over the past 52 weeks, STLD has traded between $141.45 and $288.74. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 21.8. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. STLD also pays a dividend. It yields around 0.88% at the current price.
Key statistics
Source: Yahoo Finance - quote as of just now
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch STLD
STLD is one of the larger names in the Materials sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each STLD story as it breaks, and tags it bullish, bearish or neutral.
What moves STLD
- Earnings. STLD reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from STLD.
- Sector news. Materials stocks often move together, so a rival's news can move STLD too.
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. trades as STLD and is a member of the S&P 500. The index lists it in the Materials sector.
What sector is STLD in?
STLD sits in the Materials sector of the S&P 500.
Where can I find the latest STLD news?
Right here. This page collects recent STLD news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Steel Dynamics Inc.'s stock price?
STLD last traded at about $240.75. Prices move all through the session, so this is the latest quote rather than a live one.
What is Steel Dynamics Inc.'s market cap?
STLD is worth roughly $34.51B. Market cap is the share price times the number of shares outstanding.
What is STLD's P/E ratio?
STLD trades at a trailing P/E ratio of about 21.8. The ratio compares the share price with earnings per share over the past year.