secwatch.observer — SEC 8-K summary
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Issuer:     STEEL DYNAMICS INC (STLD)
CIK:        0001022671
Form:       8-K
Filed at:   2026-07-21T13:42:18+00:00
Accession:  0001104659-26-085277
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022671/000110465926085277/0001104659-26-085277-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022671/000110465926085277/tm2620920d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-085277

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