---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-090047"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2025-09-15T23:59:59+00:00"
generated_at: "2026-05-17T06:35:31.497830+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-090047
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2025-09-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1022671/000110465925090047/0001104659-25-090047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465925090047/tm2526145d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-090047
- JSON: https://secwatch.observer/filing/0001104659-25-090047.json
- Plain text: https://secwatch.observer/filing/0001104659-25-090047.txt

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