Steel Dynamics (STLD) Stock Gains after Record Q3 Results
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Steel Dynamics Reports Record Third Quarter 2021 Results
October 18, 2021 4:30 PM EDTFORT WAYNE, Ind., Oct. 18, 2021 /PRNewswire/ --
Third Quarter 2021 Highlights:
Record steel fabrication shipments of 211,000 tons Record net sales of $5.1 billion Record operating income of $1.3 billion and record net income of $991 million Record steel and steel fabrication operating income of $1.4 billion and $89 million, respectively. Record cash flow from operations of $631 million and record adjusted EBITDA of $1.4 billion Share repurchases of $338 million of the company's common stock, representing 3 percent of its outstanding sharesSteel Dynamics, Inc. (NASDAQ/GS: STLD) today announced third... More
