Steel Dynamics Inc. Stock Falls 3.7%, Underperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Steel Dynamics Inc. shed 3.7% to $221.90 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,670.84 and Dow Jones Industrial Average falling 0.3% to 51,349.92.

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

Steel Dynamics Inc. closed 23.1% short of 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 3.4% to $236.24, Cleveland-Cliffs Inc. fell 1.9% to $11.01, and Reliance Inc. fell 1.11% to $387.19.

Trading volume totaled 1.2 million, compared to the 50-day average of 1.1 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 29, 2026 16:34 ET (20:34 GMT)