Steel Dynamics guides Q2 2026 EPS $3.51-$3.55, above Q1 $2.78 and prior year $2.01

STEEL DYNAMICS INC

Guidance range $3.51-$3.55 per diluted share; Q1 2026 actual $2.78, Q2 2025 actual $2.01.
Asset write-downs of $16M due to relocating aluminum slab center from Arizona to Mississippi.
Steel operations expected meaningfully higher; strong demand and metal margin expansion.
Steel fabrication backlog nearly 40% higher than year ago, extending into 2027.
Repurchased $170M of common stock in Q2 2026 so far.

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