Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sohini Mondal

Is Wall Street Bullish or Bearish on Steel Dynamics Stock?

With a market cap of $32.3 billion, Steel Dynamics, Inc. (STLD) is a leading and highly diversified U.S. steel producer and metal recycler. The company operates through four segments - Steel Operations; Metals Recycling; Steel Fabrication; and Aluminum Operations, offering a wide range of steel and recycled metal products serving industries such as construction, automotive, manufacturing, and energy.

Shares of the Fort Wayne, Indiana-based company have surpassed the broader market over the past 52 weeks. STLD stock has soared 68.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 24.9%. Moreover, the stock has returned 34.6% on a YTD basis, compared to SPX's 8.4% gain.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.