Steel Dynamics Inc. Stock Outperforms Competitors On Strong Trading Day
Dow Jones2025.12.03 22:04
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Steel Dynamics Inc. stock rose 2.31% to $171.50, outperforming competitors on a strong trading day. It hit a new 52-week high, surpassing its previous peak of $169.49. Trading volume was 1.5 million, above the 50-day average of 1.2 million. Competitors Nucor Corp., Cleveland-Cliffs Inc., and Reliance Inc. also saw gains.
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Shares of Steel Dynamics Inc. (STLD) rose 2.31% to $171.50 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 6,849.72 and the Dow Jones Industrial Average rising 0.86% to 47,882.90.
This was the stock's second consecutive day of gains.
Steel Dynamics Inc. hit a new 52-week high, surpassing its previous peak of $169.49, which the company achieved on December 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nucor Corp. (NUE) rose 2.25% to $164.71, Cleveland-Cliffs Inc. (CLF) rose 1.01% to $13.03, and Reliance Inc. (RS) rose 3.46% to $288.01.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 3, 2025.
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12-03-25 1704ET