Jim Cramer on Steel Dynamics: “It’s an Excellent Company”

Steel Dynamics, Inc. (NASDAQ:STLD) is one of the stocks Jim Cramer shared his take on. Answering a caller’s query about the stock during the lightning round, Cramer said:

It’s an excellent company. I like Steel Dynamics, and I like Nucor. Those are the two. Wow, what a terrific buy. This is America doing well, and the tariffs working.

Photo by Yiorgos Ntrahas on Unsplash

Steel Dynamics, Inc. (NASDAQ:STLD) is a major steel and aluminum producer that also operates a metal recycling business. The company makes everything from hot-rolled and coated steel to aluminum products, and also manages scrap processing and building components for the non-residential sector. Cramer discussed the company in light of tariffs during the March 18, 2025, episode, as he remarked:

I think Steel Dynamics is going to be a winner under President Trump’s tariffs against the companies that are subsidized by the Japanese and the Chinese and I totally support them on this. And I think you should buy, buy, buy Steel Dynamics.

It is worth noting that since the above comment was aired, Steel Dynamics, Inc.’s (NASDAQ:STLD) stock has gained almost 41%.

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Disclosure: None. This article is originally published at Insider Monkey.