Latest 10 stories · newest Oct 20, 2026
Steel Dynamics reported record Q3 2026 shipments of 3.8 million tons and net income of $756 million. The company's strong operating income increased 44% sequentially, driven by improved steel prices and demand.
Steel Dynamics announced leadership promotions for six executives including Chad Bickford, Jeff Hansen, and William T. Scruggs effective Oct. 1, 2026, to support long-term growth.
Steel Dynamics expects higher Q3 earnings due to steel margin expansion and record shipments, despite lower earnings from metals recycling. Company repurchased $261 million of stock so far this quarter.
Theresa Wagler succeeds Mark Millett as Steel Dynamics' CEO starting January 1, 2027, as the company transitions leadership.
Steel Dynamics reported record steel shipments and net sales of $6.1B for Q2 2026, alongside a significant sequential increase in operating income driven by improved steel pricing.
Steel Dynamics provided second quarter 2026 earnings guidance of $3.51-$3.55 per diluted share, representing significant growth versus Q1 2026 ($2.78) and prior-year Q2 ($2.01), driven by strong steel margins and demand across end markets. The company took a $16 million charge for relocating an alum…
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