This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Steel Dynamics Inc. rose 3.9% to $241.04 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,773.95 and the Dow Jones Industrial Average rising 0.2% to 51,267.90.
This was the stock's third consecutive day of gains.
Steel Dynamics Inc. closed 16.5% below its 52-week high of $288.74, which the company reached on June 15th.
The stock demonstrated a mixed performance when compared to some of its peers, as Nucor Corp. rose 4.6% to $251.41, Cleveland-Cliffs Inc. rose 7.8% to $12.20, and Reliance Inc. rose 1.98% to $408.24.
Trading volume totaled 1.1 million, compared to the 50-day average of 1.1 million.
Data source: Dow Jones Market Data, FactSet