Steel Dynamics Inc. (NASDAQ: STLD) reported Q2 earnings, causing a 3% gain initially. Revenue of $4.57 billion missed estimates, EPS of $2.01 fell short. Despite this, investors are optimistic about future growth as the company expands operations in Texas and Mississippi.

Tariffs on foreign steel benefit U.S. producers like Steel Dynamics. The company expects increased economic activity to boost steel production. However, tariffs also pose economic barriers, impacting Q2 results. Investors must assess if this is a temporary setback.

Steel Dynamics shows positive signs with a backlog up 15% and aluminum production expected to increase utilization. The company focuses on less cyclical products like can sheet. However, auto industry exposure depends on tariff stability at 25%.

STLD stock has been in consolidation in 2025, but recent recovery may lead to a move higher. Trading above the 50-day SMA and potential bullish reversal in MACD suggest positive momentum. Analysts target $149.33, a 12% increase. Year-to-date gain of 17% and 1.5% dividend yield show potential.

Read more at Nasdaq: Steel Dynamics Stock Steady on Long-Term Prospects