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Steel Dynamics announces earnings guidance and cash dividends for Q4 2014

Steel Dynamics, Inc announced Q4 2014 earnings guidance in the range of USD 0.33 to USD 0.37 per diluted share, which includes estimated charges of USD 12 million (before taxes) related to post acquisition purchase accounting adjustments and USD 6 ...

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Steel Dynamics Coverage Initiated by Analysts at BMO Capital Markets (STLD)

Equities researchers at BMO Capital Markets initiated coverage on shares of Steel Dynamics (NASDAQ:STLD) in a research report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock. Shares of Steel Dynamics (NASDAQ:STLD) traded down 2.54% during mid-day trading on ...

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Columbus acquisition will be a big boost for Steel Dynamics

Steel Dynamics has seen stagnant revenues for almost three years in a row. The Columbus acquisition expands the steel capacity by 40% and brings in USD 2 billion of annual revenues for Steel Dynamics. It also increases Steel Dynamics’ geographical ...

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Russia’s Severstal selling off $2.33B worth of U.S. steel plants

Russia’s Severstal selling off $2.33B worth of U.S. steel plants

Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened ...

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