---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-129216"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:13:35.610226+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics guides Q4 2024 EPS $1.26-$1.30, well below Q3 $2.05 and prior year $2.61

## Summary
- Q4 2024 diluted EPS guidance $1.26-$1.30, down from Q3 2024 actual $2.05 and prior-year Q4 $2.61.
- Steel operations profitability expected meaningfully lower due to lower pricing, seasonally lower shipments, and unplanned Butler Flat Roll outage reducing volume ~50,000 tons.
- Metals recycling segment earnings expected significantly higher sequentially; steel fabrication earnings expected lower with less than 5% pricing decline.
- Company repurchased $250 million of common stock during Q4 through Dec 10, over 1% of shares outstanding.
- Customer order activity solid; order backlog extends into H1 2025 at attractive pricing; management positive on 2025 outlook.

## SEC filing metadata
- accession: 0001104659-24-129216
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2024-12-17T23:59:59+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/1022671/000110465924129216/0001104659-24-129216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465924129216/tm2431193d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-129216
- JSON: https://secwatch.observer/filing/0001104659-24-129216.json
- Plain text: https://secwatch.observer/filing/0001104659-24-129216.txt

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