.gif?width=220&height=220&mediaprotectionhash=27a2c7b682a980edd98804d5ef3ab0afa2e746bbcbde7192e62ce4a3fe797500&ext=.gif)
Steel Dynamics Inc.
Latest News
Steel Dynamics Expects to Report Small 2nd Quarter Loss
22 June 2009 - Steel Dynamics updates its outlook for the second quarter of 2009, saying that it now expects to report a loss of $0.10 to $0.15 per diluted share, after taking into account the recent issuance of common stock and convertible securities.
Steel Dynamics Underwriters Exercise Over-Allotment Options
19 June 2009 - Underwriters of Steel Dynamics’ announced offerings of notes and stocks have exercised their full overallotment options.
Steel Dynamics Announces Pricing of Stock, Notes
09 June 2009 - Steel Dynamics has priced its public offerings of common stock and 5.125% convertible senior notes due 2014.
Steel Dynamics Announces Offerings of Stock, Notes
03 June 2009 - Steel Dynamics announced its intention to offer 27 million shares of common stock and $150 million of convertible senior notes due 2014, with the notes guaranteed by certain of its subsidiaries.
Steel Dynamics Reports Loss for 1st Quarter 2009
24 April 2009 - Steel Dynamics reports a net loss of $88 million on net sales of $815 million for the first quarter of 2009.
Steel Dynamics Reports Loss for 1st Quarter 2009
24 April 2009 - Steel Dynamics reports a net loss of $88 million on net sales of $815 million for the first quarter of 2009.
SDI Subsidiary Ships First Composite Railroad Crossties to BNSF
15 April 2009 - Dynamic Composites ships its first production order of "green" composite railroad ties, which feature a flat rolled steel core filled with concrete and encapsulated by a tough skin made from recycled materials.
SDI Subsidiary Ships First Composite Railroad Crossties to BNSF
15 April 2009 - Dynamic Composites ships its first production order of "green" composite railroad ties, which feature a flat rolled steel core filled with concrete and encapsulated by a tough skin made from recycled materials.
Steel Dynamics Updates First Quarter Earnings Guidance
12 March 2009 - Continued weakness in market conditions leads Steel Dynamics to reduce its first quarter estimate of earnings to a loss of $0.40 to $0.45 per diluted share, reflecting continued weakness in the company’s metals recycling segment, lower production rates, and lower volumes of steel shipments.
Steel Dynamics Updates First Quarter Earnings Guidance
12 March 2009 - Continued weakness in market conditions leads Steel Dynamics to reduce its first quarter estimate of earnings to a loss of $0.40 to $0.45 per diluted share, reflecting continued weakness in the company’s metals recycling segment, lower production rates, and lower volumes of steel shipments.
Steel Dynamics Reports 4th-Quarter Loss, Full-Year Income
27 January 2009 - Steel Dynamics reports a net loss of $83 million on net sales of $1.2 billion for the fourth quarter, and record net income of $463 million on record net sales of $8.1 billion for the full year of 2008.
Steel Dynamics Provides 4th Quarter, Full-Year Outlook
15 December 2008 - ABSTRACT: Despite an expected fourth-quarter loss of $0.35 to $0.40 per diluted share, Steel Dynamics says it expects to report full-year 2008 earnings in the range of $2.35 to $2.40 per diluted share, reflecting record annual revenues, operating income, and cash flow from operations.
Steel Dynamics Reports Strong Third Quarter Results
16 October 2008 - Steel Dynamics reports net income of $193 million on net sales of $2.6 billion for the third quarter, and record net income of $546 million on record net sales of $6.9 billion for the first nine months of 2008.
Steel Dynamics Increases Share Repurchase Authorization Again
23 September 2008 - Steel Dynamics’ Board of Directors approves a further increase of 5 million shares to its existing share repurchase program.
Steel Dynamics Increases Share Repurchase Authorization
27 August 2008 - The Steel Dynamics Board of Directors approves a further increase of 10 million shares to the company’s existing share repurchase program.
Steel Dynamics Announces OmniSource Promotions
14 August 2008 - Steel Dynamics announces management promotions and organizational changes at OmniSource, its wholly-owned metals recycling subsidiary.
Steel Dynamics Realigns Organization
06 August 2008 - Steel Dynamics realigns its executive management structure, with each of the company's three current executive vice presidents assuming new responsibilities for various segments of the company, supported by additional corporate management appointments.
Steel Dynamics Increases Share Repurchase Program
30 July 2008 - The Steel Dynamics Board approves an increase of 5 million shares to the company’s existing share repurchase program, giving Steel Dynamics the authority to repurchase up to an additional 8.9 million shares.
Acquisitions Boost Steel Dynamics Sales, Earnings
23 July 2008 - Boosted by its recent acquisitions (The Techs, OmniSource, and Recycle South), Steel Dynamics reports net income of $210 million on net sales of $2.4 billion for the second quarter, and net income of $353 million on net sales of $4.3 billion for the first half of 2008.
Steel Dynamics Subsidiary Completes Acquisition of Recycle South
17 June 2008 - Steel Dynamics subsidiary OmniSource Corp. has completed its acquisition of the remaining 75% equity interest in Spartanburg, S.C., based Recycle South, LLC.
