US EditionSteel Dynamics (NASDAQ:STLD) Reaches New 52-Week Low – Time to Sell?
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Steel Prices Level Off, Lead Times Shrink
The Raw Steels Monthly Metals Index (MMI) returned to the downside. Overall, the index witnessed a modest 0.75% decline from March to April. Steel Prices Find Peaks as Reciprocal Tariffs Spare Steel Steel prices either found a peak or began to stabilize by the start of April. As of April 4, hot rolled coil prices […]
Steel Dynamics (NASDAQ:STLD) Reaches New 52-Week Low – Time to Sell?
Steel Dynamics, Inc. (NASDAQ:STLD – Get Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as $103.17 and last traded at $103.97, with a volume of 105961 shares traded. The stock had previously closed at $109.21. Analysts Set New Price Targets A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Steel Dynamics from $132.00 to $140.0…
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