DJ Steel Dynamics Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Steel Dynamics Inc. (STLD) rallied 1.37% to $275.13 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.74% to 7,553.68 and Dow Jones Industrial Average falling 1.21% to 50,687.07.
This was the stock's third consecutive day of gains.
Steel Dynamics Inc. hit a new 52-week high, surpassing its previous peak of $273.55, which the company achieved on June 2nd.
The stock outperformed some of its competitors Wednesday, as Nucor Corp. $(NUE)$ fell 0.28% to $257.73, Cleveland-Cliffs Inc. $(CLF)$ fell 4.07% to $14.15, and Reliance Inc. $(RS)$ rose 0.60% to $393.95.
Trading volume (1.0 M) remained 92,393 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2026.
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(END) Dow Jones Newswires
June 03, 2026 16:55 ET (20:55 GMT)
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