---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-101080"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T02:56:46.609001+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics Q3 2025 net income $404M, adjusted EBITDA $664M, record steel shipments

## Summary
- Record steel shipments of 3.6 million tons in Q3 2025, up sequentially.
- Net sales of $4.8 billion, operating income $508 million, net income $404 million.
- Adjusted EBITDA of $664 million and cash flow from operations of $723 million.
- Share repurchases of $210 million (1.1% of outstanding shares); liquidity over $2.2 billion.
- Successful production and qualification of aluminum flat rolled products for industrial, beverage can, and automotive sectors.

## SEC filing metadata
- accession: 0001104659-25-101080
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2025-10-21T23:59:59+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/1022671/000110465925101080/0001104659-25-101080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465925101080/tm2529138d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-101080
- JSON: https://secwatch.observer/filing/0001104659-25-101080.json
- Plain text: https://secwatch.observer/filing/0001104659-25-101080.txt

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