STLD Steel Dynamics

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Circular EAF steelmaking platform — scrap-fed steel mills, metals recycling, steel fabrication, and new recycled aluminum flat rolled products
• • Aluminum segment ramped to production in H2 2025: 650,000-metric-ton Columbus, MS mill achieved beverage can and automotive certifications; target mix 45% can sheet, 35% automotive, 20% industrial
• • Biocarbon facility in Columbus, MS began operations H2 2025 — pyrolysis-converted biomass to replace anthracite, targeting up to 35% reduction in Scope 1 GHG emissions
• • Steel operations ~16M ton capacity; internal steel consuming businesses purchased 1.8M tons (13% of total shipments) in 2025; team retention 89% (U.S.-based)
• • NPS (New Process Steel) acquired December 1, 2025 — added metallic-coated/pre-painted flat rolled distribution, expanding downstream processing reach

Management Discussion & Analysis

• • Revenue $18.2B, up 4% YoY ($636M increase); Steel Operations +7% to $13.4B, Steel Fabrication worst at -20% to $1.4B
• • Operating margin 8.1% vs 11.1% in 2024; operating income fell 24% to $1.5B from $1.9B; net income down 23% to $1.2B; EPS $7.99 vs $9.84
• • Best segment: Metals Recycling op income +27% to $97.2M; worst: Steel Fabrication op income -39% to $407.4M; Aluminum ops loss widened to -$173M
• • Capex $948M (down from $1.9B in 2024); buybacks $900.9M; dividends raised 9% to $0.50/share quarterly, $294.1M declared; CFO $1.4B vs $1.8B prior year
• • Key risks: trade policy uncertainty, aluminum ramp-up still early (15K metric tons shipped H2 2025), debt up $980M to $4.2B total; backlog solid through H1 2026

Risk Factors

• • Chinese steelmaking capacity far exceeds domestic demand, making China a major global exporter and depressing US steel prices
• • EAF dust classified as hazardous waste by US EPA; changing regulations on EAF dust or shredder residue could trigger significant additional remediation costs
• • Aluminum operations dependent on concentrated customer base; loss of one major customer with long-term sales agreement could materially impact segment results
• • Scrap suppliers operate without long-term contracts and can withhold supply during low-price periods, creating raw material vulnerability for EAF operations
• • Senior unsecured credit facility contains financial covenants; breach could trigger immediate acceleration of "a significant portion" of total indebtedness

What are the latest STLD SEC filings in 2026?

Steel Dynamics (STLD) has filed a 10-K annual report on February 27, 2026, a 10-Q quarterly report on April 27, 2026, an 8-K current report on August 4, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did STLD file its most recent 10-K annual report?

Steel Dynamics (STLD) filed its most recent 10-K annual report on February 27, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view STLD 10-Q quarterly reports?

Steel Dynamics (STLD)'s most recent 10-Q quarterly report was filed on April 27, 2026. SignalX displays every STLD 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has STLD filed recently?

Steel Dynamics (STLD)'s most recent 8-K was filed on August 4, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find STLD insider trading activity (Form 4)?

SignalX aggregates every STLD Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does STLD file with the SEC?

Steel Dynamics (STLD) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new STLD filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Steel Dynamics (STLD).

What is STLD's SEC CIK number?

Steel Dynamics (STLD)'s SEC CIK (Central Index Key) number is 1022671. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1022671 to look up all STLD filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find STLD return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Steel Dynamics (STLD) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.