Form 8-K · Current report

Steel Dynamics 8-K, filed Oct 20, 2026

Filed
CIK
0001022671
Accession no.
0001104659-26-117217
AI-generated summary

Summary

Steel Dynamics reported third-quarter 2026 net sales of $6.5 billion and net income of $756 million, with record steel shipments of 3.8 million tons. CEO Mark D. Millett said steel prices improved sequentially and the company continued commissioning and ramping its aluminum flat-rolled mill.

Key points

  • Steel Dynamics reported third-quarter 2026 record steel shipments of 3.8 million tons, net sales of $6.5 billion, operating income of $1.0 billion, and net income of $756 million, or $5.26 per diluted share.
  • The company generated adjusted EBITDA of $1.2 billion and cash flow from operations of $846 million, and had liquidity of $2.4 billion as of September 30, 2026.
  • Steel Dynamics repurchased $276 million, or one percent, of its common stock during the quarter.
  • Aluminum operations were EBITDA breakeven for the quarter, with flat-rolled sheet shipments of 55,000 metric tons and hot band production of 91,000 metric tons, while startup losses were $26 million.

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

  • 2.02Results of Operations and Financial Condition
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02. Results of Operations and Financial Condition On October 19, 2026, Steel Dynamics, Inc. issued a press release titled “Steel Dynamics Reports Third Quarter 2026 Results.” 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 2.02 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.

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