secwatch.observer — SEC 8-K summary
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Issuer:     STEEL DYNAMICS INC (STLD)
CIK:        0001022671
Form:       8-K
Filed at:   2026-06-18T13:22:33+00:00
Accession:  0001104659-26-075470
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022671/000110465926075470/0001104659-26-075470-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022671/000110465926075470/tm2618235d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-075470

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