STEEL DYNAMICS (STLD) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of STEEL DYNAMICS (STLD) from UNDERPERFORM to NEUTRAL on August 16, 2012, with a target price of $13.40.

Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. Steel Dynamics operates in the production and sale of hot-rolled and cold-rolled steel coils. The company's customers consist of intermediate steel processors, steel service centers and end users including manufacturers of cold-rolled strip, oil and gas transmission pipe, and mechanical and structural tubing.

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