Steel Dynamics Inc. ($STLD) Stock Forecast: Up 2.9% Today

What is Steel Dynamics Inc.?

Steel Dynamics (STLD) is a leading steel producer in the United States, known for its steel and metal recycling operations. Today, the stock experienced a strong bullish movement in the market.

Why is Steel Dynamics Inc. going up?

STLD stock is up 2.9% on Dec 10, 2025 19:50

• Raised price target to $175 from $145, maintaining a Buy rating, signaling a positive outlook for the company's operations.
• Despite recent losses, STLD outperformed competitors and the broader market, showcasing its resilience and potential for growth.
• Adjusted price target to $190 from $165, while maintaining a Neutral rating, indicates a reevaluation of STLD's valuation, contributing to the bullish momentum.
• The overall positive sentiment towards STLD, coupled with strategic changes in price targets and ratings by financial institutions, likely fueled the stock's bullish movement today.

STLD Price Chart

STLD Technical Analysis

STLD News

Seaport Global Adjusts Price Target on Steel Dynamics to $175 From $145, Maintains Buy Rating

Seaport Global has increased its price target for Steel Dynamics (STLD) to $175 from $145, while reiterating a Buy rating on the stock. This adjustment reflects a positive outlook for the company's steel and metal recycling operations. Other analysts, including BMO Capital and JPMorgan, have also recently updated their price targets for Steel Dynamics.

https://www.marketscreener.com/news/seaport-global-adjusts-price-target-on-steel-dynamics-to-175-from-145-maintains-buy-rating-ce7d51ddd189f625

Chapter: Appendix D: Slag Processing Facilities

This appendix, titled "Slag Processing Facilities," is part of a larger report on health risk considerations for unencapsulated steel slag. It presents a comprehensive table listing slag-processing companies, their plant locations, the steel companies they service, and their annual capacities in the United States. The data, compiled from sources like AIST, EPA, and USGS, highlights the widespread nature of slag processing operations across the country.

https://www.nationalacademies.org/read/26881/chapter/14

Steel Dynamics Inc. stock outperforms competitors despite losses on the day

On Friday, shares of Steel Dynamics Inc. (STLD) fell by 1.72% to $165.22, marking its second consecutive day of losses. Despite this decline, the stock's performance outpaced the broader market, with the S&P 500 Index rising 0.19% and the Dow Jones Industrial Average rising 0.22%. The article highlights STLD's individual stock movement relative to overall market gains on that day.

https://www.marketwatch.com/data-news/steel-dynamics-inc-stock-outperforms-competitors-despite-losses-on-the-day-4390a1cc-9c0e7b2dda72?gaa_at=eafs&gaa_n=AWEtsqcm1fHNJ25Aoa0hxoYn4wKXNgT1dagIG5z13kz078qtp3ZseQZhR8rV&gaa_ts=693876b5&gaa_sig=R4IdSokwk3sOboocMy2gj3h0MyjfNfv17CbYqSLJ-5oRASfmPEgL-PnXT69ENmQgLJ1oX0QHHmmkdhXWeMOVbg%3D%3D

JPMorgan Adjusts Price Target on Steel Dynamics to $190 From $165, Maintains Neutral Rating

JPMorgan has increased its price target for Steel Dynamics (STLD) to $190 from $165, while maintaining a Neutral rating on the stock. The adjustment reflects an updated valuation for the steel manufacturer. This news follows a series of recent changes in price targets and ratings for Steel Dynamics by various financial institutions.

https://www.marketscreener.com/news/jpmorgan-adjusts-price-target-on-steel-dynamics-to-190-from-165-maintains-neutral-rating-ce7d51dcdf8cf521

Algoma Steel Group (ASTL) Plunges 8% on Employee Lay Off News

Algoma Steel Group (ASTL) saw an 8% stock plunge following reports of a layoff of 1,000 employees and the closure of its blast furnace due to losses from US tariffs. The company plans to transition to electric-arc furnaces by 2026. The Canadian government is implementing new measures, including tariffs on foreign steel, which analysts believe will benefit domestic producers like Algoma Steel.

https://finviz.com/news/246450/algoma-steel-group-astl-plunges-8-on-employee-lay-off-news

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Steel Dynamics Inc. Price History

16.08.2025 - STLD Stock was up 7.2%

• Steel Dynamics (STLD) experienced a strong bullish movement today, driven by the following factors:
• Strong third-quarter earnings guidance exceeding market expectations, indicating robust profitability.
• Repurchase of a significant amount of common stock during the quarter, showcasing confidence in the company's future performance.
• Positive industry trends, with increased shipments and wider metal spreads supporting a favorable outlook for STLD.
• Positioned to leverage market opportunities and provide value to its shareholders amidst some market fluctuations.

18.05.2025 - STLD Stock was down 1.6%

• STLD observed a notable bearish trend with a decline of -2.82%.
• The entire market encountered downward pressure, which influenced STLD's decline.
• Various factors like worries regarding global steel demand, trade disputes, or internal company updates may have affected investor sentiment leading to STLD's negative movement.

16.08.2025 - STLD Stock was up 6.9%

• STLD's optimistic third-quarter forecast, anticipating increased profits from higher shipments and broader metal spreads, underscores the company's robust fundamentals and promising growth trajectory.
• Investor preference for diversified industry peers like Nucor and Reliance may have indirectly bolstered confidence in STLD's performance.
• Despite a recent decline in STLD's stock price, today's overall bullish market activity could be linked to the favorable earnings outlook and growth potential, overshadowing short-term fluctuations.

21.02.2025 - STLD Stock was down 5.0%

• Despite the overall market dip, Steel Dynamics (STLD) managed to gain +1.72% today, showcasing resilience in the face of broader market trends.
• The unusual bullish options activity on STLD indicates that deep-pocketed investors are optimistic about the company's future prospects, potentially driving the stock's positive performance.
• It seems that while the broader market was facing a downturn, specific factors related to Steel Dynamics, such as the bullish options activity, helped buoy the stock and lead to its gains today.

16.08.2025 - STLD Stock was up 6.0%

• Despite a bullish market overall, Steel Dynamics (STLD) experienced a -3.16% slide in its stock price.
• Investors are showing caution and favoring diversified players like Nucor and Reliance in the steel industry.
• The smaller planned outages compared to last year are maintaining supply pressure in the market, impacting companies like Steel Dynamics.
• The market movement could be attributed to the company-specific factors or concerns about its ability to navigate the current challenges in the steel industry.

21.09.2025 - STLD Stock was up 5.1%

• Steel Dynamics (STLD) saw a strong uptrend today, standing out from the broader market's recent dip.
• Expectations of STLD surpassing analysts' projected earnings of $2.63 per share for this quarter, up from $2.05 per share last year, likely fueled this positive momentum.
• Beyond standard financial estimates, investors are focusing on key performance indicators, hinting at an optimistic outlook for the company's Q3 results.
• Favorable market conditions and heightened interest in steel stocks like STLD, amidst increased U.S. stock futures trading, also contributed to today's upward movement in the stock price.

23.03.2025 - STLD Stock was up 5.8%

• Steel Dynamics (STLD) experienced a strong bullish movement recently.
• The company's Q1 earnings and revenues surpassed estimates, demonstrating a robust performance.
• The strengthening steel demand, rebounding customer orders, and growing backlogs across operations contributed to the positive market movement.
• The overall positive sentiment in the steel industry, coupled with the company's solid financial results, likely fueled investor confidence and drove the bullish trend in STLD's stock price.

23.04.2025 - STLD Stock was down 3.8%

• STLD's stock price fell by 1.75% during the most recent trading session, performing below market expectations.
• Senior Vice President Miguel Alvarez engaged in insider selling, offloading STLD shares worth $1.01M, potentially indicating doubts about the company's future.
• The insider selling activity possibly contributed to negative perceptions surrounding STLD, resulting in the downward movement of the stock price.
• Investors could view this insider selling as a warning sign, influencing them to divest from STLD and pushing the stock price down further.

08.03.2025 - STLD Stock was up 5.1%

• STLD stock closed at $111.04, marking a +1.68% increase from the prior trading session.
• STLD exhibited strength in contrast to a declining overall market.
• Factors such as strong financial performance, a positive industry outlook, or specific company developments may have contributed to STLD's positive movement.
• Despite market difficulties, STLD's upward trajectory suggests promising prospects and continued investor interest.

10.11.2025 - STLD Stock was up 2.9%

• Raised price target to $175 from $145, maintaining a Buy rating, signaling a positive outlook for the company's operations.
• Despite recent losses, STLD outperformed competitors and the broader market, showcasing its resilience and potential for growth.
• Adjusted price target to $190 from $165, while maintaining a Neutral rating, indicates a reevaluation of STLD's valuation, contributing to the bullish momentum.
• The overall positive sentiment towards STLD, coupled with strategic changes in price targets and ratings by financial institutions, likely fueled the stock's bullish movement today.

22.07.2025 - STLD Stock was up 5.0%

• The bullish movement in STLD today is linked to the announcement of its acquisition of the remaining stake in New Process Steel.
• By acquiring full ownership of New Process Steel, STLD is extending its presence in the U.S. and Mexico, which is perceived positively by investors.
• This strategic expansion is anticipated to boost STLD's production capacity and market share, fostering investor confidence and contributing to the bullish movement in the stock today.

03.03.2025 - STLD Stock was down 6.8%

• Despite receiving a bullish upgrade from a leading Wall Street analyst, Steel Dynamics (STLD) witnessed significant bearish movement today.
• The market's negative response could be attributed to wider economic uncertainties or specific challenges within the industry that overshadowed the positive analyst rating.
• Profit-taking or technical factors may have also played a role in the bearish movement, with investors adjusting their positions in reaction to recent price shifts.
• Investors are advised to stay vigilant regarding developments in the steel sector and overall market sentiment to assess the future trajectory of Steel Dynamics' stock.