---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-075470"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2026-06-18T13:22:33+00:00"
generated_at: "2026-06-18T13:23:06.126862+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-075470
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2026-06-18T13:22:33+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465926075470/0001104659-26-075470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465926075470/tm2618235d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-075470
- JSON: https://secwatch.observer/filing/0001104659-26-075470.json
- Plain text: https://secwatch.observer/filing/0001104659-26-075470.txt

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