DJ Steel Dynamics Inc. Stock Outperforms Competitors Despite Losses On The Day

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Shares of Steel Dynamics Inc. (STLD) shed 7.59% to $221.90 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 4.36% to 7,353.73 and Dow Jones Industrial Average falling 3.44% to 51,523.06.

This was the stock's third consecutive day of losses.

Steel Dynamics Inc. closed 23.15% below its 52-week high of $288.74, which the company achieved on June 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Nucor Corp. $(NUE)$ fell 8.30% to $245.68, Cleveland-Cliffs Inc. $(CLF)$ fell 12.23% to $11.27, and Reliance Inc. (RS) fell 6.32% to $414.04.

Trading volume (1.8 M) eclipsed its 50-day average volume of 985,358.

Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2026.