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Latest Steel Dynamics Inc. Stories

2014-07-22 08:24:31

FORT WAYNE, Ind., July 22, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release second quarter 2014 financial results after market close on Monday, July 21, 2014. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Tuesday, July 22, 2014 and will be hosted by Mark Millett, President and CEO; and Theresa Wagler, Executive Vice President...

2014-07-21 20:21:07

FORT WAYNE, Ind., July 21, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced second quarter 2014 net income of $72 million, or $0.31 per diluted share, on net sales of $2.1 billion. By comparison, prior year second quarter net income was $29 million, or $0.13 per diluted share, on net sales of $1.8 billion; and sequential first quarter 2014 net income was $39 million, or $0.17 per diluted share, on net sales of $1.8 billion. "Our consolidated operating...

2014-07-21 04:20:48

- $1.625 billion acquisition of Severstal Columbus to be funded with available cash and debt FORT WAYNE, Ind., July 21, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that it has entered into a definitive agreement to acquire 100% of Severstal Columbus, LLC ("Columbus") from OAO Severstal. Located in northeast Mississippi, Columbus is one of the newest and most technologically advanced mini-mills in North America. Steel Dynamics will purchase...

2014-07-09 12:23:50

FORT WAYNE, Ind., July 9, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release second quarter 2014 financial results after market close on Monday, July 21, 2014. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Tuesday, July 22, 2014 and will be hosted by Mark Millett, President and CEO; and Theresa Wagler, Executive Vice President...

2014-06-16 20:20:32

FORT WAYNE, Ind., June 16, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter earnings guidance in the range of $0.28 to $0.32 per diluted share. Estimated second quarter 2014 earnings are higher than both the company's sequential first quarter 2014 earnings of $0.17 per diluted share and second quarter 2013 earnings of $0.13 per diluted share. Profitability from the company's steel operations for the second quarter 2014 is expected to be...

2014-06-16 12:23:00

FORT WAYNE, Ind., June 16, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that holders of $271,810,000 principal amount of its 5.125% Convertible Notes due June 15, 2014 (the "Notes") have exercised their option to convert the Notes into shares of common stock by the close of business on June 12, 2014 (the conversion election deadline). The conversion rate provided under the terms of the Notes was 58.4371 shares of common stock per $1,000 principal amount...

2014-04-17 08:23:27

FORT WAYNE, Ind., April 2, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release first quarter 2014 financial results after market close on Wednesday, April 16, 2014. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Thursday, April 17, 2014 and will be hosted by Mark Millett, President and CEO; and Theresa Wagler, Executive Vice...

2014-04-16 20:21:12

FORT WAYNE, Ind., April 16, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter net income of $39 million, or $0.17 per diluted share, on net sales of $1.8 billion. By comparison, prior year first quarter net income was $48 million, or $0.21 per diluted share, on net sales of $1.8 billion, and sequential fourth quarter 2013 net income was $55 million, or $0.24 per diluted share, on net sales of $1.9 billion. First quarter 2014 earnings include a...

2014-04-02 16:23:09

FORT WAYNE, Ind., April 2, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release first quarter 2014 financial results after market close on Wednesday, April 16, 2014. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Thursday, April 17, 2014 and will be hosted by Mark Millett, President and CEO; and Theresa Wagler, Executive Vice...

2014-03-18 20:20:35

FORT WAYNE, Ind., March 18, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided first quarter 2014 earnings guidance in the range of $0.13 to $0.17 per diluted share. Estimated earnings are anticipated to be less than the company's sequential fourth quarter 2013 earnings of $0.24 per diluted share and first quarter 2013 earnings of $0.21 per diluted share. The extreme cold weather across much of the United States, especially the Midwest, has had a...