Steel Dynamics falls as Q1 profit forecast misses estimates

Steel Dynamics

17/03/2026 11:41

** Shares of U.S. steelmaker Steel Dynamics STLD.O fall nearly 1% to about $173 premarket

** Co expects Q1 profit between $2.73 and $2.77 per share, below Wall Street estimates of $3.24 per share - data compiled by LSEG

** Co says steel profits are expected to rise sharply in Q1 2026 due to higher shipments, stronger margins

** As of last close, stock had risen 2.9% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))