---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-069499"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:03:04.882183+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics Q2 net income $299M ($2.01 EPS) up 38% sequentially; first aluminum coils shipped

## Summary
- Q2 net sales $4.6B, net income $299M ($2.01 EPS); Q1 was $217M ($1.44 EPS), prior year Q2 was $428M ($2.72 EPS).
- Steel operations operating income $382M, up 66% sequentially; average selling price rose $136/ton to $1,134.
- Shipped first aluminum flat rolled coils June 16; aluminum mill expected to exit 2025 at 40-50% utilization.
- Repaid $400M senior notes due June 2025; repurchased $200M common stock (1.1% shares); liquidity $1.9B.
- Sinton flat roll division had oxygen supply limitation (65+ days) reducing volume ~55K tons; supply restored.

## SEC filing metadata
- accession: 0001104659-25-069499
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2025-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1022671/000110465925069499/0001104659-25-069499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465925069499/tm2521371d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-069499
- JSON: https://secwatch.observer/filing/0001104659-25-069499.json
- Plain text: https://secwatch.observer/filing/0001104659-25-069499.txt

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