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home / news releases / STLD - Steel Dynamics: Beneficial New Guidance Stock Repurchases And Quite Cheap

STLD - Steel Dynamics: Beneficial New Guidance Stock Repurchases And Quite Cheap

Steel Dynamics Inc.

2024-01-25 11:48:35 ET

Summary

  • Steel Dynamics reported better than expected EPS and quarterly revenue growth, with beneficial demand expectations for 2024.
  • The company is expanding its capacity with new processing lines and a processing plant for aluminum recycling, which could drive revenue growth.
  • Share repurchases and a decline in the share count suggest that the stock price could increase, making Steel Dynamics a potential buy.

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For further details see:

Steel Dynamics: Beneficial New Guidance, Stock Repurchases, And Quite Cheap
Stock Information
Company Name: Steel Dynamics Inc.
Stock Symbol: STLD
Market: NASDAQ
Website: steeldynamics.com
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