{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-016583","form_type":"8-K","ticker":"STLD","cik":"0001022671","company_name":"STEEL DYNAMICS INC","filed_at":"2026-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.415536+00:00","generated_at":"2026-05-16T02:17:53.329408+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Steel Dynamics and SGH submit best and final A$32.35/share all-cash offer for BlueScope Steel","bullets":["Offer of A$32.35/share (adjusted for dividends) implies total equity value of A$15B (US$11B), all cash.","Premiums: 47% to BSL's undisturbed price, 56% to 52-week VWAP, 32% to 15-year high.","Post-close, SGH would on-sell BSL's North American operations to Steel Dynamics.","Proposal subject to due diligence, regulatory approvals, and binding scheme implementation deed.","SDI and SGH state this is best and final absent a superior competing proposal."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-016583","json":"https://secwatch.observer/filing/0001104659-26-016583.json","markdown":"https://secwatch.observer/filing/0001104659-26-016583.md","text":"https://secwatch.observer/filing/0001104659-26-016583.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022671/000110465926016583/0001104659-26-016583-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022671/000110465926016583/tm266672d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:17:53.329408+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}