{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-037919","form_type":"8-K","ticker":"STLD","cik":"0001022671","company_name":"STEEL DYNAMICS INC","filed_at":"2025-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.169058+00:00","generated_at":"2026-05-23T07:49:16.465536+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Steel Dynamics Q1 EPS $1.44, down 63% YoY; record steel shipments 3.5M tons","bullets":["Net sales $4.4B, net income $217M ($1.44 diluted EPS), down 63% from $584M in Q1 2024.","Adjusted EBITDA $448M; cash flow from operations $153M after $165M profit-sharing distribution.","Record steel shipments of 3.5M tons; steel operations operating income $230M, up 39% sequentially.","Issued $1.0B in unsecured notes (5.250% due 2035, 5.750% due 2055); proceeds for general corporate purposes.","First aluminum ingot cast at Mississippi mill; expects commercial shipments mid-2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-037919","json":"https://secwatch.observer/filing/0001104659-25-037919.json","markdown":"https://secwatch.observer/filing/0001104659-25-037919.md","text":"https://secwatch.observer/filing/0001104659-25-037919.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022671/000110465925037919/0001104659-25-037919-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022671/000110465925037919/tm2512991d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:49:16.465536+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}