---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-114956"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2025-11-21T23:59:59+00:00"
generated_at: "2026-05-16T17:31:15.851023+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics issues $800M of notes, redeems $400M of 5.000% notes due 2026

## Summary
- Issued $650M 4.000% notes due Dec 15, 2028 and $150M additional 5.250% notes due May 15, 2035 (reopening of existing $600M series).
- Net proceeds of ~$792M; $400M used to redeem 5.000% notes due 2026, remainder for general corporate purposes.
- Called for redemption all $400M of 5.000% notes due 2026 at par plus accrued interest, redemption date Dec 21, 2025.
- Additional 2035 notes issued at 101.443% of principal, implied yield 5.053%; trade interchangeably with existing $600M series.

## SEC filing metadata
- accession: 0001104659-25-114956
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2025-11-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465925114956/0001104659-25-114956-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465925114956/tm2531907d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-114956
- JSON: https://secwatch.observer/filing/0001104659-25-114956.json
- Plain text: https://secwatch.observer/filing/0001104659-25-114956.txt

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