---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-109422"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2024-10-17T23:59:59+00:00"
generated_at: "2026-05-30T13:00:01.831575+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics Q3 net income $318M ($2.05 EPS), down from $577M a year ago

## Summary
- Net sales $4.3B, net income $318M ($2.05 diluted EPS) vs $428M ($2.72) in Q2 2024 and $577M ($3.47) in Q3 2023.
- Steel shipments 3.2M tons; steel ops operating income $305M, fabrication $166M, metals recycling $12M.
- Cash flow from operations $760M; liquidity $3.1B; share repurchases $310M (1.6% of shares).
- Adjusted EBITDA $557M; management expects steel pricing recovery with lower rates and infrastructure demand.
- Aluminum flat-rolled mill construction on track to begin operations mid-2025.

## SEC filing metadata
- accession: 0001104659-24-109422
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2024-10-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465924109422/0001104659-24-109422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465924109422/tm2426355d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-109422
- JSON: https://secwatch.observer/filing/0001104659-24-109422.json
- Plain text: https://secwatch.observer/filing/0001104659-24-109422.txt

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