Geopolitics Alpha

Is Steel Dynamics (STLD) Fully Valued On Strong Third Quarter Earnings?

Published . Updated .

GEOPOLITICS ALPHAIs Steel Dynamics (STLD) FullyValued On Strong Third QuarterEarnings?STLDGEOPOLITICS ALPHA

This report is about steel.

Directly affected

  • STLD Steel Dynamics+7.8% 30d

    Named in this report.

Indirectly affected

  • SLX VanEck Steel ETF-2.9% 17d

    VanEck Steel ETF: it holds steelmakers. Linked by “steel” (steel) in this story.

  • NUE Nucor+11.4% 30d

    Nucor (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • CLF Cleveland-Cliffs+22.5% 30d

    Cleveland-Cliffs (metal mining): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • ATI Ati-6.3% 30d

    Ati (steel pipe and tubes): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • CRS Carpenter Technology-22.8% 16d

    Carpenter Technology (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
STLD-5.28%-0.35%baseafter closeafter closeafter closeafter close
SLXNo price data for this ticker———————
NUENo price data for this ticker———————
CLFNo price data for this ticker———————
ATINo price data for this ticker———————
CRSNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Is Steel Dynamics (STLD) Fully Valued On Strong Third Quarter Earnings? Simply Wall St

Source: Simply Wall St

This story

CompanyWhenMoveStatus
STLDthree days earlier-0.35%final price
STLDfive days earlier-5.28%final price

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Is Steel Dynamics (STLD) Fully Valued On Strong Third Quarter Earnings?” scores 12 out of 100. The score uses 1 sources.