Why These 15 Mining Stocks Are Skyrocketing So Far In 2025

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13. Steel Dynamics Inc (NASDAQ:STLD)

Number of Hedge Fund Holders In Q3 2024: 38

Steel Dynamics Inc (NASDAQ:STLD) is a steel producer and metal recycler.

The stock is up significantly so far in 2025 as Steel Dynamics posted solid 2024 results. Sales came in at $17.5 billion and net income reached $1.5 billion, with $1.8 billion in OCF.

It also repurchased $1.2 billion of shares (about 6% of outstanding stock) and still has $2.2 billion in liquidity.

Steel Dynamics plans a $2.7 billion aluminum flat-rolled facility in Columbus, Mississippi, which is planned to start in mid-2025. The project is targeting $650 million to $700 million of EBITDA at full capacity.

The Sinton facility is expected to reach 75% utilization in 2025 and contribute to another $1.4 billion in annual EBITDA.

The consensus price target of $145.13 implies 13.45% upside.

STLD stock is up 12.14% year-to-date.

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