Steel Dynamics falls after forecasting Q2 profit below estimates

Shares of Steel Dynamics STLD.O fall 2.4% to ~$130 in premarket trading

Co forecasts Q2 profit between $2.00 and $2.04/share, below analysts' average estimates of $2.65, according to data compiled by LSEG

Peer Nucor NUE.N rises after forecasting Q2 profit above estimates

10 of 15 brokerages rate the stock "buy" or higher, 4 "hold" and 1 "sell"; their median PT is $148.81 - LSEG data

Up to last close, stock had risen 16.7% YTD