Steel Dynamics guides Q1 2026 EPS $2.73-$2.77, well above Q4 $1.82

STEEL DYNAMICS INC

Q1 2026 EPS guidance range $2.73-$2.77 vs sequential Q4 $1.82 and prior-year Q1 $1.44.
Steel operations profit expected meaningfully higher on increased shipments and metal margin expansion.
Metals recycling profit expected higher on expanded metal margins; shipments temporarily impacted by winter weather.
Steel fabrication profit steady sequentially; order backlog 35% higher YoY extending into Q3 2026.
Aluminum flat-rolled mill commissioning ongoing; produced finished products for industrial, beverage can, and automotive sectors.

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