Form 10-Q · Quarterly report
Steel Dynamics 10-Q, filed Jul 28, 2026
- Filed
- CIK
- 0001022671
- Accession no.
- 0001104659-26-087414
Summary
Steel Dynamics reported record quarterly steel shipments of 3.7 million tons for the second quarter of 2026, with consolidated operating income up 83% to $700.5 million and net income up 79% to $534.1 million versus a year earlier, as steel and metals recycling metal spreads expanded. The company said its aluminum operations segment continued commissioning its flat-rolled sheet mill and posted a $49.9 million operating loss for the quarter.
Key points
- Second-quarter 2026 consolidated net sales rose 33% to $6.09 billion from $4.57 billion a year earlier.
- Net income attributable to Steel Dynamics rose 79% to $534.1 million in Q2 2026; first-half net income rose 82% to $937.5 million.
- Consolidated operating income for the first half of 2026 rose 88% to $1.2 billion.
- The aluminum operations segment posted a $49.9 million operating loss in Q2 2026 while commissioning its flat-rolled sheet mill.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Forward-Looking Statements This report contains some predictive statements about future events, including statements related to conditions in domestic or global economies, conditions in steel, aluminum, and recycled metals market places, Steel Dynamics' revenues, costs of purchased materials, future profitability and earnings, and the operation of new, existing or planned facilities. …
An excerpt of the text as filed with the SEC, cut for length.
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