---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-006167"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T18:57:49.687372+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics Q4 net income $424M ($2.61 EPS); 2023 record shipments 12.8M tons

## Summary
- Q4 net sales $4.2B, net income $424M ($2.61 diluted EPS); down from Q3 $577M and year-ago $635M.
- FY 2023 net sales $18.8B (-16% YoY); net income $2.5B ($14.64 EPS) vs. $3.9B ($20.92 EPS) in 2022.
- Record steel shipments 12.8M tons; adjusted EBITDA $3.7B; cash flow from operations $3.5B.
- Steel ops Q4 operating income $365M; fab ops $250M; recycling $6M; lower earnings on metal spread compression.
- Outlook: new Texas EAF mill ramping; 4 coating lines to commission Q1 2024; aluminum mill startup mid-2025.

## SEC filing metadata
- accession: 0001104659-24-006167
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465924006167/0001104659-24-006167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465924006167/tm244011d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-006167
- JSON: https://secwatch.observer/filing/0001104659-24-006167.json
- Plain text: https://secwatch.observer/filing/0001104659-24-006167.txt

## Key facts
- Earnings Releases
  STEEL DYNAMICS INC reported fourth quarter and annual 2023 results: revenue $4.2 billion, net income $424 million, or $2.61 per diluted share, EPS $2.61 per diluted share.
  - Period: fourth quarter and annual 2023
  - Revenue: $4.2 billion
  - Net income: $424 million, or $2.61 per diluted share
  - EPS: $2.61 per diluted share
  - Result: reported results
  source text: The company reported fourth quarter 2023 net sales of $4.2 billion and net income of $424 million, or $2.61 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022671/000110465924006167/0001104659-24-006167-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.