SEC Filings
Steel Dynamics Authorizes Another $3 Billion For Buybacks Alongside Its Quarterly Dividend
The previous $1.5 billion repurchase program had $216 million left at September 30; the board also declared $0.53 a share.
STLD
Steel Dynamics (STLD) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
Steel Dynamics Shifts $40.5 Million Of New Process Steel Deal Value Out Of Customer Relationships
A final outside valuation moved the purchase price toward the trade name and equipment, while inventories rose to $4.2 billion.
Earnings
Steel Dynamics CEO Dismisses Rumored U.S. Mill As 'An Incredulous Fantasy' And Waves Off Aluminum 'Stumble' Headlines
Aluminum will not reach operating profit for the second half in total, the CFO said, with capital spending next year possibly "$600 plus million."
Earnings
Steel Dynamics Earns $756 Million On Record 3.8 Million Tons Shipped
Third-quarter net income was $756 million against $404 million a year earlier, with steel prices up $102 a ton from the second quarter.
SEC Filings
Steel Dynamics Names Six Leaders, Including A New Treasurer, Before CFO Handover
Three senior vice president promotions took effect October 1, and three operations and treasury appointments start November 1.