10 Top DividendRank Metals StocksBy The Online Investor Staff, updated Wed., Aug. 4, 2:51 PM
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#10. Steel Dynamics Inc. (NASDAQ:STLD) —1.6% YIELD
Steel Dynamics is a steel producer and metal recycler. Co. manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joists and deck products. Co. has three segments: Steel, which produces steel from ferrous scrap and scrap substitutes, utilizing continuous casting, automated rolling mills and several steel coating and processing lines, and Iron Dynamics; metals recycling, which involves the purchase, processing, and resale of ferrous and nonferrous scrap metals into reusable forms and grades; and steel fabrication, which produces steel building components, including steel joists, girders, trusses, and steel deck.
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Strong Buy (3.50 out of 4)