Steel Dynamics FY26 Q2 net income rises 78.6% to $534.09 million

Reuters2026/07/20 20:33

By:Reuters

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Steel Dynamics posted Q2 2026 net income of USD 534 million, up 33% from Q1; diluted EPS rose to USD 3.69 from USD 2.78.
Net sales climbed to USD 6.1 billion; operating income increased 30% sequentially to USD 700 million.
Steel operations operating income rose 30% to USD 721 million; average external selling price increased USD 105 to USD 1,298 per ton.
Aluminum startup operating loss narrowed 48% to USD 33 million; shipments increased to 53,000 metric tons, hot band production reached 84,000 metric tons.
Record steel shipments totaled 3,741,340 tons; the quarter included USD 200 million in share repurchases, USD 77 million in dividends.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SDI - Steel Dynamics Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607201630PR_NEWS_USPR_____DE08260) on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Steel Dynamics FY26 Q2 net income rises 78.6% to $534.09 million

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