Steel Dynamics(STLD) Steel Dynamics uses scraps metal to processes it to shiny new steel.Company's mini plants are most efficient in the steel industry as compared to traditional steel makers which make steel from iron ore in giant, decades-old plants.Company just now getting lot of orders from railroad industry as they are trying to replace old rails with new ones It's rolling out rail bars 240 feet long, three times the length of a typical railroad track bar. The weakest points on a track are typically where the bars are welded together; the longer bars make tracks more durable.Foreign steel makers will have a hard time matching those sheer lengths because shipping boxes aren't that big.
Buy Price:39.66
Stop Loss:36.37
Target:47.74
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