Steel Dynamics Inc. Stock Falls 7.5%, Underperforms Peers
Dow Jones2026/08/19 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Steel Dynamics Inc. slipped 7.5% to $231.01 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,707.98 and the Dow Jones Industrial Average rising 0.2% to 53,463.05.
This was the stock's second consecutive day of losses.
Steel Dynamics Inc. closed 20.0% below its 52-week high of $288.74, which the company achieved on June 15th.
The stock underperformed when compared to some of its peers, as Nucor Corp. fell 5.8% to $248.74, Cleveland-Cliffs Inc. fell 6.0% to $11.17, and Reliance Inc. fell 5.24% to $399.31.
Trading volume totaled 2.4 million, compared to the 50-day average of 1.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 19, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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