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Steel Dynamics May Have Underappreciated Growth Qualities

2015-02-05 01:58:21| Steel - Topix.net

Steel Dynamics met its lowered fourth quarter expectations, but ongoing issues with the Mesabi Nugget venture mitigate better results in Fabrication. Steel Dynamics has a chance to generate meaningful growth through its rail and Fabrication operations, but the company is vulnerable to steel imports and ongoing pressure on prices.

Tags: growth steel dynamics underappreciated

 

Nelson Steel and Butech Bliss Selected to Build Steel Dynamics' Push/Pull Pickling Line in Indiana

2015-02-04 11:32:13| Industrial Newsroom - All News for Today

Nelson Steel's Consulting Technology Group and Butech Bliss have been awarded a large-scale equipment upgrade at the Steel Dynamics (SDI) facility in Butler, Indiana. The existing hot band finishing line at the facility will be upgraded. The upgrade will enable the line to convert hot band to hot-rolled pickled and...

Tags: line selected build steel

 
 

Steel Dynamics (STLD) Downgraded From Buy to Hold

2015-01-30 22:40:30| Steel - Topix.net

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. TheStreet Ratings quantitative algorithm evaluates over 4,300 stocks on a daily basis by 32 different data factors and assigns a unique buy, sell, or hold recommendation on each stock.

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Steel Dynamics (STLD) Stock Lower Today After Earnings Miss

2015-01-29 20:07:50| Steel - Topix.net

The Fort Wayne, IN-based company reported reported a fourth-quarter loss of $45 million, or a loss of 19 cents a share on revenue of $2.52 billion, below earnings estimates of 42 cents. Seasonal trends and elevated steel imports negatively impacted shipments across the company's operating platforms, the company said, adding the average product selling price for the company's steel operations decreased $34 to $806 per ton.

Tags: today stock lower miss

 

Steel Dynamics Reports 2014 Fourth Quarter and Full-Year Results

2015-01-29 02:09:11| Steel - Topix.net

Steel shipments of 7.4 million tons, with individual records from Butler Flat Roll, Columbus Flat Roll, Engineered Bar Products, and Structural and Rail Divisions Steel Dynamics, Inc. today announced 2014 fourth quarter and full-year results. Excluding non-cash fixed asset impairment charges related to the company's Minnesota Operations of operations was steady in the fourth quarter 2014, indicating a consistency of production capability and the ability to utilize lower-cost raw materials.

Tags: results reports steel fourth

 

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