secwatch.observer — SEC 8-K summary
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Issuer:     STEEL DYNAMICS INC (STLD)
CIK:        0001022671
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001104659-24-051064
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steel Dynamics Q1 net income $584M, adj. EBITDA $879M; raises dividend 8%
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- Q1 net income $584M ($3.67 diluted EPS); adjusted EBITDA $879M; net sales $4.7B.
- Steel shipments 3.3M tons (near-record); steel op income $675M, up 85% sequentially.
- Dividend increased 8% in Q1; $298M share repurchases (1.5% of outstanding shares).
- Cash from ops $355M after $265M profit-sharing; liquidity $3.1B.
- Guidance: strong domestic steel consumption in 2024; new coating lines starting Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022671/000110465924051064/0001104659-24-051064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022671/000110465924051064/tm2412604d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-051064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer