STEEL DYNAMICS INC Expects Earnings Surge

By Greg Peters • Tuesday, September 16 10:34 • Permanent Link

Steel Dynamics, Inc. (NASDAQ/GS: STLD) has provided its earnings guidance for the third quarter of 2025, with an expected range of $2.60 to $2.64 per diluted share. This represents a significant improvement from the sequential second quarter 2025 earnings of $2.01 per diluted share, and the prior year third quarter earnings of $2.05 per diluted share.

The company anticipates stronger profitability from its steel operations in the third quarter of 2025, driven by robust shipments and metal spread expansion. This is expected to be supported by a decline in scrap raw material costs compared to average realized steel pricing. The non-residential construction, automotive, energy, and industrial sectors continue to lead demand.

Furthermore, earnings from the company's metals recycling operations are projected to be significantly stronger than the second quarter sequential results, based on steady shipments and a stronger ferrous metal spread.

Similarly, earnings from the steel fabrication operations are also expected to be higher than the sequential second quarter results, driven by increased volume and steady metal spread. The order backlog remains strong, with healthy pricing, and demand has been supported by various sectors, including commercial, data center, manufacturing, warehouse, and healthcare.

The company's aluminum team is making progress with the successful commissioning and startup of the Columbus, Mississippi aluminum flat rolled products mill and San Luis Potosi satellite recycled slab center. The cast houses and hot strip mill are reported to be operating very well and performing above expectations for this stage of the startup, with ongoing commissioning in other areas of the facility.

As of September 11, 2025, the company had repurchased $185 million, or one percent, of its common stock during the third quarter.

Steel Dynamics, Inc. plans to release its third quarter 2025 earnings after the market closes on Monday, October 20, 2025, and will hold a conference call the following day at 11:00 a.m. Eastern Daylight Time to review the company's results.

As a result of these announcements, the company's shares have moved 0.71% on the market, and are now trading at a price of $131.58. Check out the company's full 8-K submission here.

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