Steel Dynamics guides Q3 2025 EPS $2.60-$2.64, above Q2's $2.01 and prior year $2.05

STEEL DYNAMICS INC

Q3 2025 diluted EPS guidance $2.60-$2.64; Q2 2025 was $2.01, prior year Q3 was $2.05.
Steel operations expected to improve due to strong shipments and metal spread expansion as scrap costs decline.
Metals recycling and steel fabrication earnings also expected higher on steady volumes and spreads.
Aluminum flat-rolled mill commissioning ongoing; cast houses and hot strip mill performing above expectations.
Repurchased $185M of common stock in Q3 through Sept 11, 2025.

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