Steel Dynamics posts record Q3 earnings with $6.5 billion in sales
Net income reached $756 million driven by strong steel demand and record shipments of 3.8 million tons. Aluminum operations are ramping up while maintaining healthy cash flow.
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Industrial metals producer, recycler, and fabricator
steeldynamics.comLast updated
In short: Steel Dynamics posted record Q3 2026 earnings and set a 2027 CEO transition to Wagler.
Net income reached $756 million driven by strong steel demand and record shipments of 3.8 million tons. Aluminum operations are ramping up while maintaining healthy cash flow.
The company expects diluted earnings of $5.34 to $5.38 per share for Q3 2026, up from $3.69 in Q2. Steel operations drive growth via margin expansion and record shipments.
Theresa Wagler becomes CEO, Mark Millett Executive Chairman, and Richard Poinsatte CFO on January 1, 2027.
The company achieved record steel shipments of 3.7 million tons and net income of $534 million.
Steel Dynamics (STLD) names long‑time executive Theresa Wagler as CEO effective year‑end, replacing retiring Chairman/CEO Mark Millett; company says operations remain strong during the transition.
On October 19, 2026, Steel Dynamics Inc (STLD) released its third-quarter earnings report, posting a...
Detailed price information for Steel Dynamics Inc (STLD-Q) from The Globe and Mail including charting and trades.
The steel producer reported a third-quarter profit of $756 million, up from $403.7 million a year earlier.
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