Steel Dynamics forecasts Q2 2026 EPS USD 3.51-3.55

Steel Dynamics, Inc.

Steel Dynamics, Inc.

STLD

0.00

  • Steel Dynamics guided Q2 2026 diluted EPS to $3.51-$3.55, versus $2.78 in Q1 2026, versus $2.01 a year earlier.
  • Guidance includes a $16 million reduction from asset write-downs tied to relocating a planned aluminum recycled slab center to Columbus, Mississippi.
  • Steel operations expected to post meaningfully higher profit on metal margin expansion as realized selling prices outpace scrap costs.
  • Metals recycling earnings seen roughly flat sequentially as higher shipments are offset by expected nonferrous unrealized hedging losses.
  • Aluminum earnings expected to improve significantly on higher shipments, higher realized pricing as the Columbus, Mississippi flat-rolled mill ramps.


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