---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-024845"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2025-03-18T23:59:59+00:00"
generated_at: "2026-05-24T12:50:42.123926+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics guides Q1 2025 EPS $1.36-$1.40, down 63% YoY; raises dividend 9%

## Summary
- EPS guidance $1.36-$1.40 vs Q4 $1.36 and Q1 2024 $3.67.
- Steel operations stronger sequentially; Sinton Texas mill at >90% production.
- Steel fabrication earnings expected lower due to seasonally lower shipments and <5% price decline.
- Board increased quarterly dividend 9% to $0.50/share; authorized $1.5B share repurchase.
- New aluminum mill on track for mid-2025 shipments; first ingot cast in Jan; equipment installation on schedule.

## SEC filing metadata
- accession: 0001104659-25-024845
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2025-03-18T23:59:59+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/1022671/000110465925024845/0001104659-25-024845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465925024845/tm259646d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-024845
- JSON: https://secwatch.observer/filing/0001104659-25-024845.json
- Plain text: https://secwatch.observer/filing/0001104659-25-024845.txt

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