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Ticker Summary (STLD)

14.32-0.06 (-0.42%)
Open 14.15
High 14.43
Low 14.07
Volume 2,841,062
Market Cap 3.102B
52 Week High 20.47
52 Week Low 12.89
P/E 15.40
F P/E 8.22
EPS 0.93
Dividend 0.30
Yield 2.09%
1 Year Target 19.70

STLD 14.32 -0.42%

Analysts reported that Steel Dynamic's acquistion of OmniSource could potentially help the company from the rising costs. OmniSource is a scrap steel and recycled metals company. Steel Dynamics, a steel proccessing company, has been facing higher costs for scrap steel as supply has been shrinking. UBS Investment Firm stated that the acquistion was a good move for Steel Dynamics and should shelter them instable scrap metal costs.

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3 years 272 days ago by Tim

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