---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-072125"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:02:24.663198+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics guides Q2 2024 EPS $2.64–$2.68, down from Q1 $3.67 and year-ago $4.81

## Summary
- Expected diluted EPS $2.64–$2.68 for Q2 2024, down from Q1 actual $3.67 and Q2 2023 actual $4.81.
- Steel operations profitability expected meaningfully lower; lower realized pricing offsets steady shipments, scrap weakness causes buying hesitancy.
- Metals recycling earnings expected higher sequentially on stronger ferrous and nonferrous volumes.
- Steel fabrication earnings expected in line with Q1; order backlog extends into Q4 2024 with historically strong pricing.
- Repurchased $247M of common stock (1.1%) during Q2 through June 10, 2024.

## SEC filing metadata
- accession: 0001104659-24-072125
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465924072125/0001104659-24-072125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465924072125/tm2417368d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-072125
- JSON: https://secwatch.observer/filing/0001104659-24-072125.json
- Plain text: https://secwatch.observer/filing/0001104659-24-072125.txt

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