secwatch.observer — SEC 8-K summary
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Issuer:     STEEL DYNAMICS INC (STLD)
CIK:        0001022671
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001104659-26-045938
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steel Dynamics Q1 2026 net income $403M ($2.78 EPS), record shipments; raises dividend 6%
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- Net income $403M ($2.78 diluted EPS) vs Q4 2025 $266M ($1.82) and Q1 2025 $217M ($1.44).
- Record steel shipments 3.6M tons; steel ops operating income $557M, up 73% sequentially.
- Aluminum startup loss $65M but shipments rose to 22,500 metric tons (from 14,600).
- Cash flow from ops $148M after $120M profit-sharing distribution; liquidity $2.0B.
- Quarterly dividend increased 6%; repurchased $115M in common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022671/000110465926045938/0001104659-26-045938-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022671/000110465926045938/tm2612296d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-045938

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer