---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-030153"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:48:45.711997+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-030153
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465926030153/0001104659-26-030153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465926030153/tm269098d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-030153
- JSON: https://secwatch.observer/filing/0001104659-26-030153.json
- Plain text: https://secwatch.observer/filing/0001104659-26-030153.txt

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