secwatch.observer — SEC 8-K summary
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Issuer:     STEEL DYNAMICS INC (STLD)
CIK:        0001022671
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001104659-23-006779
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steel Dynamics reports record annual results; Q4 EPS $3.61 vs $5.49 YoY
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- Record annual net sales $22.3B, net income $3.9B ($20.92 diluted EPS); adjusted EPS $22.68.
- Q4 net income $635M ($3.61 diluted EPS) down from $5.49 in Q4 2021; adjusted Q4 EPS $4.37.
- Record steel fabrication segment earnings $2.4B; steel shipments 12.2M tons.
- Record cash from operations $4.5B; repurchased $1.8B of stock (12% of shares outstanding).
- Outlook: expects Sinton Texas mill 80% utilization in 2023; new coating lines H2 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022671/000110465923006779/0001104659-23-006779-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022671/000110465923006779/tm234445d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-006779

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