secwatch.observer — SEC 8-K summary
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Issuer:     STEEL DYNAMICS INC (STLD)
CIK:        0001022671
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001104659-25-037919
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steel Dynamics Q1 EPS $1.44, down 63% YoY; record steel shipments 3.5M tons
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022671/000110465925037919/0001104659-25-037919-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022671/000110465925037919/tm2512991d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-037919

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