Moody's Investors Service ("Moody's") downgraded Big River Steel LLC's (Big River) corporate family rating to Caa1 from B3 and its probability of default rating to Caa1-PD from B3-PD. At the same time, Moody's downgraded the rating on its $395 million term loan B, $600 million senior secured notes and the $487 million Arkansas Development Finance Authority tax-exempt bonds to Caa1 from B3. "The downgrade of Big River's ratings reflects the recent deterioration in its operating results and credit metrics and the expectation these trends will continue as the company starts up its Phase II expansion."

Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2020 financial results. The company reported first quarter 2020 net sales of $2.6 billion and net income of $187 million, or $0.88 per diluted share. Comparatively, prior year first quarter net sales were $2.8 billion, with net income of $204 million, or $0.91 per diluted share. Sequential fourth quarter 2019 net sales were $2.4 billion, with net income of $121 million, or $0.56 per diluted share, which included refinancing costs of $0.01 per diluted share and lower earnings of approximately $0.05 per diluted share associated with planned maintenance outages at the company's two flat roll steel mills.

Investing.com - Steel Dynamics reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that it has changed the location of its 2020 Annual Meeting due to considerations surrounding the coronavirus outbreak (COVID-19) and Indiana state guidelines. The Company will hold its 2020 Annual Meeting in a separate conference center at its Corporate Office located at 7575 West Jefferson Boulevard, Fort Wayne, Indiana 46804. The date and time remain unchanged at May 8, 2020 at 9:00 a.m. Eastern Daylight Time.

Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release first quarter 2020 financial results after market close on Monday, April 20, 2020. The teleconference is scheduled to begin at 10:00 a.m. Eastern Daylight Time on Tuesday, April 21, 2020 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Financial Officer.

The Zacks Analyst Blog Highlights: Heidrick & Struggles International, D.R. Horton, M.D.C., EnPro Industries and Steel Dynamics

Lower year over year average product selling prices hurt Steel Dynamics' (STLD) steel operations business in Q1.

Steel Dynamics, Inc. (NASDAQ:STLD) last week reported its latest first-quarter results, which makes it a good time for...

There's been a notable change in appetite for Steel Dynamics, Inc. (NASDAQ:STLD) shares in the week since its...

Capacity utilization, a major indicator of the health of the U.S. steel industry, slumped to 56.1% for the week ending Apr 11, the lowest level since 2009.

Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

The U.S. steel industry is roiled by falling demand across major end-use markets amid the coronavirus pandemic.

Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release first quarter 2020 financial results after market close on Monday, April 20, 2020. The teleconference is scheduled to begin at 10:00 a.m. Eastern Daylight Time on Tuesday, April 21, 2020 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Financial Officer.

Dividend paying stocks like Steel Dynamics, Inc. (NASDAQ:STLD) tend to be popular with investors, and for good reason...

Steel Dynamics (NASDAQ:STLD) reported Q1 results on Monday evening.Quarterly Results Earnings per share were down 3.30% over the past year to $0.88, which beat the estimate of $0.79.Revenue of $2,575,000,000 lower by 8.59% from the same period last year, which beat the estimate of $2,560,000,000.How To Listen To The Conference Call Webcast URL: https://ir.steeldynamics.com/Conference_CallsTechnicals 52-week high: $35.78View more earnings on STLD52-week low: $14.98Price action over last quarter: down 28.64%Company Profile Steel Dynamics operates scrap-based steel minimills with roughly 13 million tons of annual steel production capacity. The company manufactures steel products that primarily serve the construction, automotive, and machinery end markets. It also processes and sells recycled ferrous and nonferrous metals and operates a steel fabrication business that manufactures products for the nonresidential construction industry.See more from Benzinga * Recap: Equifax Q1 Earnings * Recap: Hexcel Q1 Earnings * IBM: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Steel Dynamics (NASDAQ:STLD) has had a rough three months with its share price down 22%. However, stock prices are...

Rising production in China amid weak domestic demand has led to high levels of finished steel inventories in the country.

Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of $0.25 per common share. The dividend is payable to shareholders of record at the close of business on June 30, 2020, and is payable on or about July 10, 2020.

Lockdowns across the world to put a check on the spread of the coronavirus hurt global steel production in April.

Q1 2020 Steel Dynamics Inc Earnings Call