Recent Insider Transactions • May 20
Insider recently sold €1.8m worth of stock On the 13th of May, Christopher Graham sold around 9k shares on-market at roughly €202 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.8m more than they bought in the last 12 months. Aankondiging • Mar 30
Steel Dynamics, Inc., Annual General Meeting, May 06, 2026 Steel Dynamics, Inc., Annual General Meeting, May 06, 2026. Location: at the fort wayne country club, 5221 covington road, indiana, 46804., fort wayne, United States Aankondiging • Mar 28
Steel Dynamics, Inc. Announces Board Retirements, Effective May 6, 2026 Steel Dynamics, Inc. announced On March 25, 2026, each of Richard P. Teets, Jr. and Gabriel L. Shaheen, members of the Board of Directors (the “Board”) of Steel Dynamics, Inc. (the “Company”), informed the Board of his respective intention to retire from the Board at the end of the current term and not stand for reelection effective as of the Company’s 2026 Annual Meeting of Shareholders taking place on May 6, 2026. Aankondiging • Feb 21
Steel Dynamics, Inc. Announces First Quarter 2026 Cash Dividend, Payable on or About April 10, 2026 Steel Dynamics, Inc. announced that the company's board of directors declared a first quarter cash dividend of $0.53 per common share, representing a 6% increase over the company's 2025 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2026, and is payable on or about April 10, 2026. Aankondiging • Jan 05
SGH Limited (ASX:SGH) and Steel Dynamics, Inc. (NasdaqGS:STLD) signed an unsolicited, non-binding and indicative proposal to acquire BlueScope Steel Limited (ASX:BSL) for AUD 13.2 billion. SGH Limited (ASX:SGH) and Steel Dynamics, Inc. (NasdaqGS:STLD) signed an unsolicited, non-binding and indicative proposal to acquire BlueScope Steel Limited (ASX:BSL) for AUD 13.2 billion on December 12, 2025. A cash consideration of AUD 30 per share will be paid by SGH Limited and Steel Dynamics, Inc. The proposal would see SGH acquire all of BlueScope’s shares and then on-sell BlueScope’s North American businesses to Steel Dynamics. Both SGH and SDI will utilize this support to fund their respective transaction contribution through existing cash reserves and available debt financing.
The Indicative Proposal is subject to a number of conditions, including: exclusivity; due diligence; securing significant debt financing, no material adverse change in BlueScope’s business; a unanimous recommendation from the Board of BlueScope; approval of BlueScope shareholders; no further share buy-back being undertaken by BlueScope; final approval from the Boards of the respective Consortium members; and necessary regulatory approvals.
UBS acted as financial advisor for BlueScope Steel Limited. Herbert Smith Freehills Kramer acted as legal advisor for BlueScope Steel Limited. Aankondiging • Dec 02
Steel Dynamics, Inc. (NasdaqGS:STLD) acquired remaining 55% stake in New Process Steel, L.P. Steel Dynamics, Inc. (NasdaqGS:STLD) entered into a definitive agreement to acquire remaining 55% stake in New Process Steel, L.P. on August 19, 2025. Upon completion, Steel Dynamics, Inc. will own 100% stake in New Process Steel, L.P.
This transaction is subject to customary closing conditions and receipt of regulatory approvals.
Steel Dynamics, Inc. (NasdaqGS:STLD) completed the acquisition of remaining 55% stake in New Process Steel, L.P. on December 1, 2025. Aankondiging • Nov 12
Steel Dynamics, Inc. Appoints Matt Bell as Head of Its Metals Recycling Platform Effective November 11, 2025 Steel Dynamics, Inc. announced the appointment of Matt Bell as the company's head of its metals recycling platform effective November 11, 2025. Matt Bell will assume responsibility and oversight for the company's metals recycling platform as the Vice President of Metals Recycling and the President of OmniSource. Since 2023, Mr. Bell has served as Vice President of Commercial for OmniSource, responsible for developing and implementing its ferrous purchasing and sales growth strategies, including optimizing the scrap supply for the company's steel operations. Since joining the company in 2016, Mr. Bell has held increasingly impactful leadership roles within the metals recycling platform in operations, commercial, and marketing responsibilities. Prior to joining the company, he held various leadership positions in the metals recycling industry. Aankondiging • Nov 07
Steel Dynamics, Inc. Announces Cash Dividend for fourth Quarter of 2025 , Payable on or About January 9, 2026 Steel Dynamics, Inc. announced that the company's board of directors declared a fourth quarter 2025 cash dividend of $0.50 per common share. The dividend is payable to shareholders of record at the close of business on December 31, 2025 and is payable on or about January 9, 2026. Aankondiging • Oct 27
Steel Dynamics, Inc. Launches Lower-Embodied-Carbon Steel Products BIOEDGE and EDGE Steel Dynamics, Inc. announced lower-embodies-carbon steel product offerings, BIOEDGE™ and EDGE™, to support customers in achieving their greenhouse gas emissions reduction and sustainability initiatives. BIOEDGE and EDGE are lower-embodied-carbon steel products produced exclusively with electric arc furnace (EAF) technology. Additionally, the steel is matched with Green-e Energy certified renewable energy certificates or emission-free nuclear energy certificates, significantly reducing Scope 2 emissions. BIOEDGE further reduces embodied carbon in the EAF steelmaking process, utilizing renewable biocarbon as a replacement for anthracite, significantly reducing Scope 1 emissions. BIOEDGE offers an innovative supply-chain solution for companies seeking to meaningfully decarbonize their supply chains without compromising performance or quality. The EDGE family of steel products will be available across the company's steel operations. The company anticipates immediate interest from automotive and construction customers, and from across the renewable energy and infrastructure sectors. The renewable biocarbon used to produce BIOEDGE will be sourced exclusively from SDI Biocarbon Solutions, which is 75%-owned by Steel Dynamics and 25%-owned by Aymium, a leading producer of biocarbon globally. Aankondiging • Aug 19
Steel Dynamics, Inc. (NasdaqGS:STLD) entered into a definitive agreement to acquire remaining 55% stake in New Process Steel, L.P. Steel Dynamics, Inc. (NasdaqGS:STLD) entered into a definitive agreement to acquire remaining 55% stake in New Process Steel, L.P. on August 19, 2025. Upon completion, Steel Dynamics, Inc. will own 100% stake in New Process Steel, L.P.
This transaction is subject to customary closing conditions and receipt of regulatory approvals. Aankondiging • Aug 14
Steel Dynamics, Inc. Announces Third Quarter 2025 Cash Dividend, Payable on or About October 10, 2025 Steel Dynamics, Inc. announced that the company's board of directors declared a third quarter 2025 cash dividend of $0.50 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2025 and is payable on or about October 10, 2025. Aankondiging • May 10
Steel Dynamics, Inc. Announces Executive Changes Steel Dynamics, Inc. announced operational senior leadership transitions for Glenn Pushis and Miguel Alvarez. Glenn Pushis, Senior Vice President Special Projects: Glenn Pushis will be retiring from Steel Dynamics effective October 1, 2025, to pursue a position as the Chief Executive Officer of McBride Capital Partners "Project Aero", a U.S. based company that plans to construct a titanium manufacturing facility in North Carolina. Post October 1, 2025, he will continue to provide consulting services to Steel Dynamics through commissioning of the company's new aluminum flat rolled facilities during the year. Mr. Pushis joined Steel Dynamics in 1994. Most recently, he was responsible for the successful design and construction of the company's new 650,000 metric ton state-of-the-art lower-carbon, recycled aluminum flat rolled products mill in Columbus, Mississippi with two satellite recycled aluminum slab centers in the Southwestern United States and Northcentral Mexico. From 2019 until 2022, Mr. Pushis was responsible for the successful design and construction of the company's Sinton Flat Roll Division, developed to serve the Southwestern United States and Mexico. He has extensive experience in this capacity and has been instrumental in numerous construction projects for Steel Dynamics since its founding. Prior to that, Mr. Pushis served as Senior Vice President, Long Products Steel Group, responsible for the company's four long product steel mills. Mr. Pushis has held various operational and leadership roles, including roles within the Engineered Bar Products Division and the Butler Flat Roll Division. He was also part of the team that constructed the company's first steel mill in Butler, Indiana. Miguel Alvarez, Senior Vice President Aluminum Group: Miguel Alvarez will assume responsibility and oversight for the company's aluminum operations, effective October 1, 2025. These responsibilities include leadership of the company's new strategic aluminum investments which are currently being commissioned under Mr. Pushis' leadership, as well as an ancillary recycled aluminum deox-rod facility. Mr. Alvarez joined the company in 2019 as Senior Vice President, Southwest U.S. and Mexico to support the company's steel and metals recycling growth strategy in that region, where he utilized his extensive knowledge of flat rolled steel operations and gained considerable knowledge of the metals recycling business. Based on his success, he was promoted to lead the company's metals recycling platform in March 2022, where he has led the transformation and growth of this platform. Prior to joining Steel Dynamics, Mr. Alvarez held numerous senior leadership positions within the steel industry beginning in 2004. The company has an intentional leadership development and succession process and will announce the new senior leader for its metals recycling platform in the coming weeks. Aankondiging • Apr 29
Steel Dynamics, Inc. Announces Second Quarter 2025 Cash Dividend, Payable on June 30, 2025 Steel Dynamics, Inc. announced that the company's board of directors declared a second quarter cash dividend of $0.50 per common share. The dividend is payable to shareholders of record at the close of business on June 30, 2025 and is payable on or about July 11, 2025. Aankondiging • Mar 15
Steel Dynamics, Inc., Annual General Meeting, Apr 25, 2025 Steel Dynamics, Inc., Annual General Meeting, Apr 25, 2025. Location: fort wayne country club, 5221 covington road, fort wayne United States Aankondiging • Dec 17
Steel Dynamics, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 Steel Dynamics, Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects diluted earnings per share to be in the range of $1.26 to $1.30. Aankondiging • Dec 16
Steel Dynamics, Inc. to Report Q4, 2024 Results on Jan 22, 2025 Steel Dynamics, Inc. announced that they will report Q4, 2024 results After-Market on Jan 22, 2025 Recent Insider Transactions • Nov 16
Insider recently sold €899k worth of stock On the 13th of November, Miguel Alvarez sold around 7k shares on-market at roughly €135 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.2m. Insiders have been net sellers, collectively disposing of €12m more than they bought in the last 12 months. Declared Dividend • Nov 13
Third quarter dividend of US$0.46 announced Shareholders will receive a dividend of US$0.46. Ex-date: 31st December 2024 Payment date: 10th January 2025 Dividend yield will be 1.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 1.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 08
Steel Dynamics, Inc. Declares Fourth Quarter Cash Dividend, Payable on or About January 10, 2025 Steel Dynamics, Inc. announced that the company's board of directors declared a fourth quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on December 31, 2024 and is payable on or about January 10, 2025. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €143, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 166% over the past three years. New Risk • Oct 22
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €2.6m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Oct 22
Insider recently sold €2.2m worth of stock On the 21st of October, Glenn Pushis sold around 18k shares on-market at roughly €123 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €10m more than they bought in the last 12 months. Reported Earnings • Oct 17
Third quarter 2024 earnings released: EPS: US$2.06 (vs US$3.50 in 3Q 2023) Third quarter 2024 results: EPS: US$2.06 (down from US$3.50 in 3Q 2023). Revenue: US$4.34b (down 5.4% from 3Q 2023). Net income: US$317.8m (down 45% from 3Q 2023). Profit margin: 7.3% (down from 13% in 3Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. New Risk • Sep 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Upcoming Dividend • Sep 23
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 30 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.4%). Declared Dividend • Aug 26
Second quarter dividend of US$0.46 announced Shareholders will receive a dividend of US$0.46. Ex-date: 30th September 2024 Payment date: 11th October 2024 Dividend yield will be 1.6%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 15% over the next 3 years. However, it would need to fall by 84% to increase the payout ratio to a potentially unsustainable range. Aankondiging • Aug 17
Steel Dynamics, Inc. Declares Third Quarter Cash Dividend, Payable on October 11, 2024 Steel Dynamics, Inc. announced that the company's board of directors declared a third quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2024 and is payable on or about October 11, 2024. New Risk • Jul 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€2.6m sold). Reported Earnings • Jul 18
Second quarter 2024 earnings released: EPS: US$2.73 (vs US$4.83 in 2Q 2023) Second quarter 2024 results: EPS: US$2.73 (down from US$4.83 in 2Q 2023). Revenue: US$4.63b (down 8.8% from 2Q 2023). Net income: US$428.0m (down 47% from 2Q 2023). Profit margin: 9.2% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • May 20
First quarter dividend of US$0.46 announced Shareholders will receive a dividend of US$0.46. Ex-date: 28th June 2024 Payment date: 12th July 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 40% over the next 3 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range. Recent Insider Transactions • May 17
Insider recently sold €2.6m worth of stock On the 15th of May, Christopher Graham sold around 21k shares on-market at roughly €126 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €12m more than they bought in the last 12 months. Aankondiging • May 11
Steel Dynamics, Inc. Declares Second Quarter Cash Dividend, Payable on or About July 12, 2024 Steel Dynamics, Inc. announced that the company's board of directors declared a second quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on June 30, 2024 and is payable on or about July 12, 2024. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: US$3.68 (vs US$3.71 in 1Q 2023) First quarter 2024 results: EPS: US$3.68 (down from US$3.71 in 1Q 2023). Revenue: US$4.69b (down 4.1% from 1Q 2023). Net income: US$584.0m (down 8.4% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 02
Steel Dynamics, Inc. Appoints James Anderson as Senior Vice President Long Products Steel Group, Effective May 1, 2024 Steel Dynamics, Inc. announced leadership appointments for James Anderson. James Anderson, Senior Vice President Long Products Steel Group: James Anderson will assume responsibility and oversight for the company's Long Products Steel Group, effective May 1, 2024. These operations are primarily comprised of the company's four EAF long product steel mills and several smaller facilities, representing almost five million tons of annual steel shipping capability. Mr. Anderson will continue to report to Barry Schneider, President and Chief Operating Officer. Mr. Anderson successfully led and grew the company's Steel Fabrication business as New Millennium Building Systems' President since 2019 and as its Chief Operating Officer from 2015 to 2019. Prior to that, Mr. Anderson was the General Manager of the company's three flat rolled steel galvanizing lines located in Pittsburgh, Pennsylvania, which Steel Dynamics acquired in 2007, at which time Mr. Anderson served as its Managing Partner. Mr. Anderson earned a bachelor's degree in metallurgical engineering from Grove City College and a MBA from the University of Pittsburgh. Aankondiging • Mar 29
Steel Dynamics, Inc., Annual General Meeting, May 09, 2024 Steel Dynamics, Inc., Annual General Meeting, May 09, 2024, at 09:00 Eastern Standard Time. Location: Fort Wayne Country Club, 5221 Covington Rd Fort Wanye Indiana United States Agenda: To consider election of Directors; to consider ratification of the Appointment of Independent Registered Public Accounting Firm as Auditors; to consider advisory vote to approve the Compensation of the Named Executive Officers; to consider approval of the Steel Dynamics, Inc. 2024 Employee Stock Purchase Plan; and to consider shareholder proposal??of?adopting a Shareholder Right to Call a Special Shareholder Meeting. Upcoming Dividend • Mar 20
Upcoming dividend of US$0.46 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 14 April 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.3%). Buy Or Sell Opportunity • Mar 18
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €126. The fair value is estimated to be €103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 0.4% per annum. Earnings are also forecast to decline by 13% per annum over the same time period. Aankondiging • Mar 16
Steel Dynamics, Inc. to Report Q1, 2024 Results on Apr 23, 2024 Steel Dynamics, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2024 Aankondiging • Mar 15
Steel Dynamics, Inc. Provides Earnings Guidance for the First Quarter 2024 Steel Dynamics, Inc. provided earnings guidance for the first quarter 2024. For the quarter, the company expected earnings guidance in the range of $3.51 to $3.55 per diluted share. Declared Dividend • Mar 04
Fourth quarter dividend of US$0.46 announced Shareholders will receive a dividend of US$0.46. Ex-date: 27th March 2024 Payment date: 14th April 2024 Dividend yield will be 1.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 47% over the next 3 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: US$14.72 (vs US$21.06 in FY 2022) Full year 2023 results: EPS: US$14.72 (down from US$21.06 in FY 2022). Revenue: US$18.8b (down 16% from FY 2022). Net income: US$2.45b (down 37% from FY 2022). Profit margin: 13% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 27
Steel Dynamics, Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on or About April 14, 2024 Steel Dynamics, Inc. announced that the board of directors declared a first quarter cash dividend of $0.46 per common share, or 8% increase over the company's 2023 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2024 and is payable on or about April 14, 2024. Reported Earnings • Jan 24
Full year 2023 earnings released: EPS: US$14.72 (vs US$21.06 in FY 2022) Full year 2023 results: EPS: US$14.72 (down from US$21.06 in FY 2022). Revenue: US$18.8b (down 16% from FY 2022). Net income: US$2.45b (down 37% from FY 2022). Profit margin: 13% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Dec 21
Insider recently sold €1.4m worth of stock On the 19th of December, Glenn Pushis sold around 12k shares on-market at roughly €112 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.6m more than they bought in the last 12 months. Aankondiging • Dec 16
Steel Dynamics, Inc. to Report Q4, 2023 Results on Jan 23, 2024 Steel Dynamics, Inc. announced that they will report Q4, 2023 results on Jan 23, 2024 Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: US$3.50 (vs US$5.07 in 3Q 2022) Third quarter 2023 results: EPS: US$3.50 (down from US$5.07 in 3Q 2022). Revenue: US$4.59b (down 19% from 3Q 2022). Net income: US$577.2m (down 37% from 3Q 2022). Profit margin: 13% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 6.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Oct 18
Steel Dynamics, Inc. Announces Board Promotions Steel Dynamics, Inc. announced leadership promotions for Christopher Graham, Richard Poinsatte. Christopher Graham will assume responsibility and oversight for the company's Flat Roll Steel Group, comprised of three EAF flat rolled steel mills and numerous other flat rolled steel processing locations, representing over 11 million tons of annual shipping capability. Mr. Graham will continue to report to Barry Schneider, President and Chief Operating Officer. Since 2019, Mr. Graham has successfully led and grown the company's Long Products Steel Group as its Senior Vice President, comprised of four EAF long product steel mills. Prior to that time, he led the company's steel fabrication platform and downstream manufacturing businesses as Senior Vice President from 2016 to 2019. Mr. Graham has been with Steel Dynamics since 1994, holding various operational and leadership roles within both the steel fabrication and steel operations, and was part of the teams that constructed the Butler Flat Roll and Structural and Rail steel mills. Mr. Graham earned a bachelor's degree in business management from Western Governors University and a MBA from the University of Saint Francis. Mr. Graham will also remain the interim lead for the company's Long Products Steel Group until a replacement is named. Richard Poinsatte, Senior Vice President and Treasurer of Steel Dynamics Finance, Business Development, and Risk In recognition of his leadership and contributions to the overall success and growth of the company, Richard Poinsatte has been promoted to Senior Vice President of Steel Dynamics and will continue to report to Theresa Wagler. Mr. Poinsatte joined Steel Dynamics in 2000, as the Chief Financial Officer of one of the company's joint venture businesses, which is now part of the steel fabrication platform. During his time with Steel Dynamics, he has held positions of increasing responsibility, including the operating position of General Manager of the company's Florida steel fabrication plant. Since 2008, he has been responsible for the company's treasury, risk, and legal applications. Mr. Poinsatte earned a Bachelor of Science Degree in Accounting from the University of Notre Dame, and he is a certified public accountant. Aankondiging • Oct 05
Steel Dynamics, Inc. to Report Q3, 2023 Results on Oct 18, 2023 Steel Dynamics, Inc. announced that they will report Q3, 2023 results After-Market on Oct 18, 2023 Aankondiging • Sep 16
Steel Dynamics, Inc. Appoints Jennifer Hamann to the Company’S Board of Directors On September 15, 2023, the Board of Directors of Steel Dynamics, Inc. (the “Company”) appointed Jennifer L. Hamann, age 56, as a new independent director, with a term ending May 2024 coinciding with the Company’s regularly held Annual Meeting of Stockholders. She will also participate as a member of the Company’s Audit Committee. From 2020 through present, Ms. Hamann has served as the executive vice president and chief financial officer of Union Pacific Corporation (“Union Pacific”). For many years, the Company has sold rail to Union Pacific and purchased transportation services from Union Pacific. In 2022, Union Pacific paid the Company approximately $19 million for rail purchases and the Company paid Union Pacific approximately $42 million for transportation services. These transactions were made on market terms and accounted for less than ½% of each Company’s revenues. Ms. Hamann has been employed by the Union Pacific for over 30 years, including recently as Senior Vice President of Finance (April 2019 – December 2019) and Vice President of Planning & Analysis (October 2017 – March 2019), gaining significant cross-functional leadership experiences in areas such as, capital planning and analysis, debt and equity capital markets, marketing and sales, investor relations, audit, human resources, and corporate strategy. Among numerous strong leaderships characteristics and logistics expertise, Ms. Hamann brings a diversified background to the Steel Dynamics Board. Additionally, she has extensive knowledge of business and regulations within Mexico based on her participation on multiple Union Pacific Mexican joint venture boards. Ms. Hamann earned an M.B.A. in business administration and a bachelor’s degree in finance from the University of Nebraska. Ms. Hamann is currently not a member of another publicly traded company. Aankondiging • Aug 19
Steel Dynamics Announces Third Quarter 2023 Cash Dividend, Payable on or About October 16, 2023 Steel Dynamics, Inc. announced that the company's board of directors declared a third quarter cash dividend of $0.425 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2023 and is payable on or about October 16, 2023. Aankondiging • Jul 12
Steel Dynamics, Inc. Announces Unplanned Outage of the Hot Mill at its Sinton Texas Flat Roll Steel Mill Steel Dynamics, Inc. announced an unplanned outage of the hot mill at its Sinton Texas Flat Roll Steel Mill, with expectations for restart within the next two to four weeks, or before July 30, 2023. The outage relates to caster shear equipment issues, which occurred on July 1, 2023. The company plans to continue to operate the cold mill and downstream value-added flat rolled steel coating lines during the hot mill outage. Aankondiging • Jul 01
Steel Dynamics, Inc. to Report Q2, 2023 Results on Jul 19, 2023 Steel Dynamics, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 19, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of US$0.42 per share at 1.7% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 7.6% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.7%). Aankondiging • May 17
Steel Dynamics Announces Second Quarter 2023 Cash Dividend, Payable on or About July 14, 2023 Steel Dynamics, Inc. announced that the company’s board of directors declared a second quarter cash dividend of $0.425 per common share. The dividend is payable to shareholders of record at the close of business on June 30, 2023 and is payable on or about July 14, 2023. Reported Earnings • Apr 20
First quarter 2023 earnings released: EPS: US$3.71 (vs US$5.75 in 1Q 2022) First quarter 2023 results: EPS: US$3.71 (down from US$5.75 in 1Q 2022). Revenue: US$4.89b (down 12% from 1Q 2022). Net income: US$637.3m (down 42% from 1Q 2022). Profit margin: 13% (down from 20% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 10% p.a. on average during the next 3 years compared to a 1.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year whereas the company’s share price has increased by 66% per year. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.42 per share at 1.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 6.5% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €98.56, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 492% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €75.47 per share. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: US$21.06 (vs US$15.67 in FY 2021) Full year 2022 results: EPS: US$21.06 (up from US$15.67 in FY 2021). Revenue: US$22.3b (up 21% from FY 2021). Net income: US$3.86b (up 20% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 1.1% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 69% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 10
Steel Dynamics, Inc. Name Barry T. Schneider as President and Chief Operating Officer Steel Dynamics, Inc. announced that the company's board of directors approved the appointment of Barry T. Schneider to the newly created position of President and Chief Operating Officer of the company, effective March 1, 2023.Mr. Schneider has been an integral participant in the growth of the company's steel operations. Mr. Schneider, a 28-year veteran of the company, has been its Senior Vice President, Flat Roll Steel Group, since March 2016, responsible for the company's flat roll steel operations, comprised of three steel mills and numerous processing and value-added coating lines. Before that, Mr. Schneider served in various operational and leadership roles within the company's steel operations, including its Engineered Bar Products and Butler Flat Roll divisions. Mr. Schneider has been involved in numerous construction and startup projects and was also part of the team that constructed the company's first steel mill in Butler, Indiana, in 1994. Mr. Schneider earned a bachelor's degree in mechanical engineering and a master of science in engineering management from Rose-Hulman Institute of Technology. He also received an Executive Certificate in Technology, Operations, and Value Chain Management from the MIT Sloan School of Management. In addition, Mr. Schneider serves as a director for the Association of Iron & Steel Technology. In his new role, Mr. Schneider will continue to fulfill his current responsibilities and also assume responsibility of the company's long products steel group, steel fabrication platform, and metals recycling platform, and as such, ChrisGraham (Senior Vice President, Long Products Steel Group, and President of the long product steel companies), Miguel Alvarez (Senior Vice President, Metals Recycling, and President of OmniSource), and Jim Anderson (Senior Vice President, Steel Fabrication, and President of New Millennium Building Systems) will report to Mr. Schneider. Mr. Schneider will continue to report to Mark D. Millett, the company's Chairman and Chief Executive Officer in his new role. Theresa E. Wagler (Executive Vice President, Chief Financial Officer) and Glenn Pushis (Senior Vice President, Special Projects, and President of the company's Aluminum Dynamics joint venture) will both also continue to report to Mr. Millett. Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: US$21.06 (vs US$15.67 in FY 2021) Full year 2022 results: EPS: US$21.06 (up from US$15.67 in FY 2021). Revenue: US$22.3b (up 21% from FY 2021). Net income: US$3.86b (up 20% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 3.1% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 10
Steel Dynamics, Inc. to Report Q4, 2022 Results on Jan 25, 2023 Steel Dynamics, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Jan 25, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 5.6% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (8.5%). Aankondiging • Dec 16
Steel Dynamics, Inc. Provides Earnings Guidance Fourth Quarter 202 Steel Dynamics, Inc. provided fourth quarter 2022 earnings guidance in the range of $3.34 per diluted share to $3.38 per diluted share. Recent Insider Transactions • Dec 06
Lead Independent Director recently sold €260k worth of stock On the 2nd of December, James Marcuccilli sold around 3k shares on-market at roughly €104 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.2m. Insiders have been net sellers, collectively disposing of €6.0m more than they bought in the last 12 months. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. Independent Director Luis Sierra was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 26
Co-Founder & Director recently sold €2.2m worth of stock On the 25th of October, Keith Busse sold around 22k shares on-market at roughly €96.56 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Keith has been a net seller over the last 12 months, reducing personal holdings by €4.5m. Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: US$5.07 (vs US$4.89 in 3Q 2021) Third quarter 2022 results: EPS: US$5.07. Revenue: US$5.65b (up 11% from 3Q 2021). Net income: US$914.3m (down 7.7% from 3Q 2021). Profit margin: 16% (down from 20% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 15% p.a. on average during the next 3 years compared to a 3.2% decline forecast for the Metals and Mining industry in Europe. Aankondiging • Oct 08
Steel Dynamics, Inc. to Report Q3, 2022 Results on Oct 19, 2022 Steel Dynamics, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 19, 2022 Aankondiging • Oct 05
Steel Dynamics, Inc. (NasdaqGS:STLD) completed the acquisition of Roca Acero, S.A. De C.V. Steel Dynamics, Inc. (NasdaqGS:STLD) entered into a definitive agreement to acquire Roca Acero, S.A. De C.V. on May 16, 2022. The transaction was funded with available cash. After completion entire team of Roca Acero will part of Steel Dynamics, Inc. This transaction is subject to customary closing conditions and receipt of required regulatory approvals.
Steel Dynamics, Inc. (NasdaqGS:STLD) completed the acquisition of Roca Acero, S.A. De C.V. on October 4, 2022. Upcoming Dividend • Sep 22
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 5.3% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (10%). 
