Declared Dividend • May 18
First quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 30th June 2026 Payment date: 10th July 2026 Dividend yield will be 0.7%, which is lower than the industry average of 4.8%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 46%. Recent Insider Transactions • May 17
Insider recently sold Mex$37m worth of stock On the 13th of May, Christopher Graham sold around 9k shares on-market at roughly Mex$4,073 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 Mex$160m more than they bought in the last 12 months. Recent Insider Transactions • Apr 26
Lead Independent Director recently sold Mex$19m worth of stock On the 23rd of April, Kenneth Cornew sold around 5k shares on-market at roughly Mex$3,898 per share. This transaction amounted to 14% 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 Mex$114m more than they bought in the last 12 months. Reported Earnings • Apr 21
First quarter 2026 earnings released: EPS: US$2.79 (vs US$1.45 in 1Q 2025) First quarter 2026 results: EPS: US$2.79 (up from US$1.45 in 1Q 2025). Revenue: US$5.20b (up 19% from 1Q 2025). Net income: US$403.4m (up 86% from 1Q 2025). Profit margin: 7.8% (up from 5.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Board Change • Apr 17
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. Board Change • Mar 18
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: US$8.02 (vs US$9.89 in FY 2024) Full year 2025 results: EPS: US$8.02 (down from US$9.89 in FY 2024). Revenue: US$18.2b (up 3.6% from FY 2024). Net income: US$1.19b (down 23% from FY 2024). Profit margin: 6.5% (down from 8.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Declared Dividend • Feb 26
Fourth quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 31st March 2026 Payment date: 10th April 2026 Dividend yield will be 0.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (25% earnings payout ratio) and cash flows (58% 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 grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 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. Reported Earnings • Jan 27
Full year 2025 earnings released: EPS: US$8.02 (vs US$9.89 in FY 2024) Full year 2025 results: EPS: US$8.02 (down from US$9.89 in FY 2024). Revenue: US$18.2b (up 3.6% from FY 2024). Net income: US$1.19b (down 23% from FY 2024). Profit margin: 6.5% (down from 8.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. 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. Upcoming Dividend • Dec 24
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 31 December 2025. Payment date: 09 January 2026. Payout ratio is a comfortable 26% and the cash payout ratio is 94%. Trailing yield: 1.1%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (5.4%). 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. Declared Dividend • Nov 13
Third quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 31st December 2025 Payment date: 9th January 2026 Dividend yield will be 1.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 16% 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 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 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. Recent Insider Transactions • Oct 31
Senior Vice President of Aluminum Group recently sold Mex$25m worth of stock On the 29th of October, Miguel Alvarez sold around 8k shares on-market at roughly Mex$2,995 per share. This transaction amounted to 7.9% 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 Mex$167m more than they bought in the last 12 months. 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. Reported Earnings • Oct 21
Third quarter 2025 earnings released: EPS: US$2.75 (vs US$2.06 in 3Q 2024) Third quarter 2025 results: EPS: US$2.75 (up from US$2.06 in 3Q 2024). Revenue: US$4.83b (up 11% from 3Q 2024). Net income: US$403.7m (up 27% from 3Q 2024). Profit margin: 8.4% (up from 7.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Oct 18
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 24
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 30 September 2025. Payment date: 10 October 2025. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (6.5%). Declared Dividend • Sep 24
Second quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 30th September 2025 Payment date: 10th October 2025 Dividend yield will be 1.2%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% 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 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Sep 03
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. Reported Earnings • Jul 22
Second quarter 2025 earnings released: EPS: US$2.01 (vs US$2.73 in 2Q 2024) Second quarter 2025 results: EPS: US$2.01 (down from US$2.73 in 2Q 2024). Revenue: US$4.57b (down 1.5% from 2Q 2024). Net income: US$298.7m (down 30% from 2Q 2024). Profit margin: 6.5% (down from 9.2% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Board Change • Jul 17
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. Board Change • Apr 07
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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 Reported Earnings • Mar 04
Full year 2024 earnings released: EPS: US$9.89 (vs US$14.72 in FY 2023) Full year 2024 results: EPS: US$9.89 (down from US$14.72 in FY 2023). Revenue: US$17.5b (down 6.7% from FY 2023). Net income: US$1.54b (down 37% from FY 2023). Profit margin: 8.8% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Declared Dividend • Mar 03
Fourth quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 31st March 2025 Payment date: 11th April 2025 Dividend yield will be 1.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. 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 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Mar 01
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 14
Insider recently sold Mex$65m worth of stock On the 11th of February, Glenn Pushis sold around 24k shares on-market at roughly Mex$2,766 per share. This transaction amounted to 19% 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 Mex$226m more than they bought in the last 12 months. Board Change • Feb 11
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 23
Full year 2024 earnings released: EPS: US$9.89 (vs US$14.72 in FY 2023) Full year 2024 results: EPS: US$9.89 (down from US$14.72 in FY 2023). Revenue: US$17.5b (down 6.7% from FY 2023). Net income: US$1.54b (down 37% from FY 2023). Profit margin: 8.8% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Board Change • Jan 18
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. 2 experienced directors. 6 highly experienced directors. Independent Director Jennifer Hamann was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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 15
Insider recently sold Mex$20m worth of stock On the 13th of November, Miguel Alvarez sold around 7k shares on-market at roughly Mex$2,946 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 Mex$48m. Insiders have been net sellers, collectively disposing of Mex$238m 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 0.8%, which is lower than the industry average of 4.8%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 65%. Reported Earnings • Nov 12
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 3.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in South America. 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 31% per year, which means it is well ahead of earnings. 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. Recent Insider Transactions • Nov 06
Insider recently sold Mex$5.4m worth of stock On the 28th of October, Chad Bickford sold around 2k shares on-market at roughly Mex$2,701 per share. This transaction amounted to 11% 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 Mex$48m. Insiders have been net sellers, collectively disposing of Mex$228m more than they bought in the last 12 months. New Risk • Sep 28
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. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (Mex$8.6m sold). 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 Mexican dividend payers (7.3%). Lower than average of industry peers (7.7%). Recent Insider Transactions • Sep 22
Senior VP & Treasurer recently sold Mex$4.1m worth of stock On the 19th of September, Richard Poinsatte sold around 2k shares on-market at roughly Mex$2,285 per share. This transaction amounted to 6.9% 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 Mex$4.4m. Insiders have been net sellers, collectively disposing of Mex$149m more than they bought in the last 12 months. 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 1.1%, 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. Reported Earnings • Aug 14
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 2.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in South America. 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 17% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jul 31
Independent Director recently sold Mex$4.4m worth of stock On the 30th of July, Gabriel Shaheen sold around 2k shares on-market at roughly Mex$2,437 per share. This transaction amounted to 2.2% 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 Mex$48m. Insiders have been net sellers, collectively disposing of Mex$231m more than they bought in the last 12 months. New Risk • Jul 23
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 Risks Shares are highly illiquid. 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 (Mex$48m 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 1.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in South America. 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 23% per year, which means it is tracking significantly ahead of earnings growth. 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. 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. 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. Reported Earnings • Mar 06
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 expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in South America are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 29% per year. 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 expected to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in South America are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 36% per year. 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 Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Mex$2,060, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Metals and Mining industry in South America. Total returns to shareholders of 190% over the past three years. 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 Mexican dividend payers (6.6%). Lower than average of industry peers (8.1%). Board Change • Jun 08
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. 6 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. 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. 
