Steel Dynamics, Inc. (NASDAQ/GS: STLD) has just released its third quarter 2025 earnings guidance, showing an expected range of $2.60 to $2.64 per diluted share. This represents a substantial increase from the sequential second quarter 2025 earnings of $2.01 per diluted share and a year-over-year improvement from the prior year third quarter earnings of $2.05 per diluted share.
The company's steel operations are anticipated to drive stronger profitability in the third quarter, with a focus on increased shipments and expanded metal spread due to an expected decline in scrap raw material costs. Demand from non-residential construction, automotive, energy, and industrial sectors is leading the way.
Furthermore, earnings from the metals recycling operations are projected to be significantly stronger compared to the second quarter, driven by steady shipments and a stronger ferrous metal spread. Similarly, the steel fabrication operations are expected to yield higher earnings, primarily due to increased volume and steady metal spread, supported by a strong order backlog and healthy pricing.
Steel Dynamics is also making significant progress in its aluminum operations, particularly with the successful commissioning and startup of the Columbus, Mississippi aluminum flat rolled products mill and San Luis Potosi satellite recycled slab center.
In terms of capital allocation, the company had repurchased $185 million, or one percent, of its common stock during the third quarter as of September 11, 2025.
Investors can look forward to the release of Steel Dynamics' third quarter 2025 earnings after the market closes on Monday, October 20, 2025, with a conference call scheduled for the following day at 11:00 a.m. Eastern Daylight Time to review the results.
Steel Dynamics, Inc. is a leading industrial metals solutions company operating throughout the United States and in Mexico. The company's circular manufacturing model emphasizes producing quality products with recycled scrap as the primary input, positioning it as one of the largest domestic steel producers and metal recyclers in North America. Additionally, Steel Dynamics is diversifying its product offerings by investing in aluminum operations, aiming to supply aluminum flat rolled products with high recycled content to various sectors. As a result of these announcements, the company's shares have moved 7.01% on the market, and are now trading at a price of $140.81. Check out the company's full 8-K submission here.
