STEEL DYNAMICS INC

Steel Dynamics reported strong second-quarter 2026 results with net sales increasing 33.4% to $6.09 billion, compared to $4.57 billion in the prior year. Diluted earnings per share rose 83.6% to $3.69, and net income attributable to the company grew by 78.8% to $534.1 million. The company also increased its ownership in SDI Biocarbon Solutions, LLC to 100% during the quarter, following the acquisition of New Process Steel in December 2025.

Steel Dynamics Inc. reported strong second quarter 2026 financial results, with net sales of $6.1 billion and net income of $534 million, or $3.69 per diluted share. The company achieved record steel shipments of 3.7 million tons and saw a 30% sequential increase in steel operations operating income. Aluminum operations continued commissioning and increased production, with expectations for sharply increasing volumes and profitability in the second half of 2026 and full year 2027. The company also repurchased $200 million of its common stock and maintains a positive outlook for strong domestic steel and aluminum consumption.

Steel Dynamics provided second quarter 2026 earnings guidance in the range of $3.51 to $3.55 per diluted share, a significant increase from $2.78 in Q1 2026 and $2.01 in Q2 2025. This guidance includes a $16 million reduction from asset write-downs related to relocating a planned aluminum recycled slab center. The company anticipates meaningfully higher profitability from steel operations due to strong demand and margin expansion, and significant improvement in aluminum operations with commissioning progress. Steel Dynamics also repurchased $170 million of its common stock during the quarter.

Steel Dynamics, Inc. held its Annual Meeting of Shareholders on May 6, 2026, where all seven director nominees were elected, Ernst & Young LLP was ratified as the independent auditor for 2026, and named executive officer compensation for 2025 was approved by an advisory vote. A shareholder proposal regarding political spending was not approved. Additionally, the company's board of directors declared a second quarter cash dividend of $0.53 per common share.

Steel Dynamics Inc. reported strong first-quarter 2026 results with net income attributable to stockholders increasing 85.8% to $403.4 million, or $2.78 diluted EPS, compared to $217.2 million, or $1.44 diluted EPS, in Q1 2025. Total net sales rose 19.1% to $5.20 billion. The company also increased its quarterly dividend to $0.53 per share. The results reflect robust performance across its steel and metals recycling operations, with the aluminum segment still showing an operating loss.

Steel Dynamics, Inc. announced its first quarter 2026 results, reporting net sales of $5.2 billion and net income of $403 million. The company achieved record steel shipments of 3.6 million tons and continued to commission and increase production from its aluminum flat rolled sheet operations, indicating strong operational performance.