Form 8-K · Current report

Steel Dynamics 8-K, filed Sep 18, 2026

Filed
CIK
0001022671
Accession no.
0001104659-26-108777
AI-generated summary

Summary

Steel Dynamics provided third-quarter 2026 earnings guidance of $5.34 to $5.38 per diluted share, up from $3.69 in the sequential second quarter and $2.74 in the prior-year third quarter, citing metal margin expansion and record steel shipments. The company said its Columbus, Mississippi aluminum flat rolled mill is progressing through commissioning, with all three cold mills operational and the first continuous annealing and solution heat line expected to ship commercial material in the fourth quarter, and reported repurchasing $261 million of stock during the quarter.

Key points

  • Third-quarter 2026 earnings guidance of $5.34 to $5.38 per diluted share compares with $3.69 in the second quarter of 2026 and $2.74 in the prior-year third quarter.
  • Steel operations profitability is expected to be significantly higher sequentially on metal margin expansion and record shipments; metals recycling is expected lower on narrower spreads.
  • The steel fabrication backlog is nearly 50 percent above prior-year third-quarter levels and extends through the first quarter of 2027.
  • All three cold mills at the Columbus, Mississippi aluminum flat rolled products mill are operational, with the first of two continuous annealing and solution heat lines expected to ship commercial material in the fourth quarter.
  • Steel Dynamics repurchased $261 million, just under one percent, of its common stock during the third quarter of 2026, and plans to release third-quarter results after the market close on October 19, 2026, with a conference call the next day.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 7.01Regulation FD Disclosure
  • 9.01Financial Statements and Exhibits

From the filing

Item 7.01. Regulation FD Disclosure. On September 17, 2026, Steel Dynamics, Inc. issued a press release titled “Steel Dynamics Provides Third Quarter 2026 Earnings Guidance.” A copy of that press release is attached hereto as Exhibit 99.1. The information contained in Exhibit 99.1 is furnished under this Item 7.01 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing thereunder or under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in any such filing. Item 9.01. Financial Statements and Exhibits (d) Exhibits. …

An excerpt of the text as filed with the SEC, cut for length.

Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.

Follow Steel Dynamics in Readster

Add Steel Dynamics to your watchlist and its SEC filings reach your brief alongside the news about it, every line cited to its source. Readster also follows topics, people, newsletters and podcasts.

No credit card. When the trial ends, you move to Readster Free unless you subscribe.