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Steel DynamicsEarnings

SDI reports increases in income and shipments.

What happened

Steel Dynamics, Inc. had earnings of $403M on Jan 1st '26.

Source

recyclingtoday.comApr 22, 2026

SDI reports increases in income and shipments.

Article excerpt

Highlighted: the sentence this signal was extracted from

SDI reports increases in income and shipments. The metals producer and recycler has reported net income of more than $400 million for the first quarter of this year. Published April 22, 2026 Fort Wayne, Indiana-based Steel Dynamics Inc. (SDI) says it recorded net income of $403 million thanks in part to what it calls record steel shipments of 3.6 million tons in the first quarter of this year. SDI's $403 million net income in early 2026 represented a 46 percent increase compared with one year earlier and a boost of 34 percent compared with the previous three months. "The teams executed well, delivering a strong first quarter 2026 performance across all of our platforms, with operating income increasing $228 million, or 73 percent," says Mark D. Millett, board chair and CEO of SDI. "The improvement in earnings was driven by record steel shipments combined with higher steel prices," he continues. "Our three-year after-tax return-on-invested capital of 13 percent is a testament to our ongoing high-return capital allocation execution. We are growing, returning capital to shareholders and maintaining strong returns with best-in-class performance compared to domestic manufacturers." Regarding the company's Omni network of metals recycling facilities, SDI says its first quarter 2026 operating income of $47 million represented a 155 percent increase compared with the last...

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Extracted by Autobound

From the Signal API record
Event
Earnings

What this signalsEarnings results often set the next budget cycle.

Amount named
$403M
Takes effect
Jan 1, 2026
Amount as written
$403 million

The full record

From the Signal API record

Numbers

Amount named in the story
$403M

Details

Category
Has earnings

Extraction

Confidence
39%
Detected
Apr 22, 2026
signal_type
news
signal_subtype
has_earnings

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This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/7a5dc44a-4bd2-4188-a92e-161559dd881b returns this record as JSON. POST /v1/companies/enrich returns every signal for steeldynamics.com.

{
  "signal_id": "7a5dc44a-4bd2-4188-a92e-161559dd881b",
  "signal_type": "news",
  "signal_subtype": "has_earnings",
  "detected_at": "2026-04-22T00:00:00+00:00",
  "company": {
    "name": "Steel Dynamics",
    "domain": "steeldynamics.com"
  },
  "data": {
    "url": "https://www.recyclingtoday.com/news/sdi-omni-steel-aluminum-recycling-profits-q1-2026",
    "title": "SDI reports increases in income and shipments.",
    "amount": "$403 million",
    "excerpt": "SDI reports increases in income and shipments.\n\nThe metals producer and recycler has reported net income of more than $400 million for the first quarter of this year.\n\nPublished April 22, 2026\n\nFort Wayne, Indiana-based Steel Dynamics Inc. (SDI) says it recorded net income of $403 million thanks in part to what it calls record steel shipments of 3.6 million tons in the first quarter of this year.\n\nSDI's $403 million net income in early 2026 represented a 46 percent increase compared with one year earlier and a boost of 34 percent compared with the previous three months.\n\n\"The teams executed well, delivering a strong first quarter 2026 performance across all of our platforms, with operating income increasing $228 million, or 73 percent,\" says Mark D. Millett, board chair and CEO of SDI.\n\n\"The improvement in earnings was driven by record steel shipments combined with higher steel prices,\" he continues. \"Our three-year after-tax return-on-invested capital of 13 percent is a testament to our ongoing high-return capital allocation execution. We are growing, returning capital to shareholders and maintaining strong returns with best-in-class performance compared to domestic manufacturers.\"\n\nRegarding the company's Omni network of metals recycling facilities, SDI says its first quarter 2026 operating income of $47 million represented a 155 percent increase compared with the last three...",
    "summary": "Steel Dynamics, Inc. had earnings of $403M on Jan 1st '26.",
    "category": "has_earnings",
    "found_at": "2026-04-22T00:00:00Z",
    "planning": false,
    "image_url": "https://www.recyclingtoday.com/fileuploads/image/2026/04/21/omnisourcetruckwebnew.jpg",
    "confidence": 0.3851,
    "published_at": "2026-04-22T00:00:00Z",
    "effective_date": "2026-01-01",
    "article_sentence": "Fort Wayne, Indiana-based Steel Dynamics Inc. (SDI) says it recorded net income of $403 million thanks in part to what it calls record steel shipments of 3.6 million tons in the first quarter of this year.",
    "amount_normalized": 403000000
  }
}

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