---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-085277"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2026-07-21T13:42:18+00:00"
generated_at: "2026-07-21T13:43:05.377759+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics Q2 net income $534M, record steel shipments; aluminum ramp continues

## Summary
- Q2 net income $534M ($3.69 diluted EPS) vs $299M ($2.01) a year ago; net sales $6.1B.
- Record steel shipments of 3.7M tons; steel ops operating income $721M, up 30% sequentially.
- Adjusted EBITDA $921M; cash from ops $428M; share repurchases $200M in Q2.
- Aluminum ops loss $33M (improved 48% sequentially) plus $16M impairment; shipments 53K metric tons.
- Outlook: confident in strong domestic steel/aluminum demand through 2026-2027; aluminum mill commissioning progressing.

## SEC filing metadata
- accession: 0001104659-26-085277
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2026-07-21T13:42:18+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465926085277/0001104659-26-085277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465926085277/tm2620920d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-085277
- JSON: https://secwatch.observer/filing/0001104659-26-085277.json
- Plain text: https://secwatch.observer/filing/0001104659-26-085277.txt

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