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Steel Dynamics Q1 Earnings Miss Expectations, Revenue Surpasses Forecasts

4/21/2026

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Story summary
  • Steel Dynamics Inc. (STLD) reported first-quarter net income of $403.4 million, or $2.78 per share, below the $2.79 per-share consensus.
  • Revenue totaled $5.2 billion, above the $5.1 billion forecast from Zacks Investment Research’s survey of three analysts.
  • The Fort Wayne, Indiana-based company posted a mixed quarter, with earnings short of expectations but revenue beating forecasts.