Steel Dynamics reports record shipments and 87% increase in third-quarter profit
Filed with the SEC on · Summarized by InvestorsBot
Steel Dynamics reported third-quarter 2026 net sales of $6.5 billion and net income attributable to the company of $756 million, or $5.26 per diluted share, up from $404 million, or $2.74 per share, a year earlier. Record steel shipments reached 3.8 million tons, while operating income rose 44% sequentially to $1.0 billion; the company generated $846 million in operating cash flow, repurchased $276 million of stock, and held $2.4 billion in liquidity as of September 30, 2026.