On March 17, 2026, Steel Dynamics, Inc. (NASDAQ: STLD) announced its earnings guidance for the first quarter of 2026, projecting earnings in the range of $2.73 to $2.77 per diluted share. This guidance reflects a significant increase compared to the previous quarter's earnings of $1.82 per diluted share and the first quarter of 2025, which reported earnings of $1.44 per diluted share. The company attributes this expected growth to increased shipments and improved metal margins across its operations, driven by higher average realized selling prices that have outpaced the costs of scrap raw materials. Demand remains robust across key sectors, including non-residential construction, energy, automotive, and industrial markets. Furthermore, Steel Dynamics anticipates that its metals recycling operations will also see higher earnings, despite a slight decrease in shipments due to adverse winter weather conditions earlier in the year. The company has also been actively repurchasing its common stock, with approximately $66 million repurchased in the first quarter of 2026. Steel Dynamics plans to release its detailed earnings report on April 20, 2026, followed by a conference call the next day to discuss its performance and outlook.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.