STLD Stock Balance Sheets

Steel Dynamics Quarterly Balance Sheets Chart

Quarterly

Annual

Goodwill

Account Receivables

Account Payables

Long-Term Debt

Inventory

Steel Dynamics Quarterly Balance Sheets Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-06-30	2009-03-31	2008-09-30	2008-06-30	2008-03-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-06-30	2006-03-31	2005-12-31

assets
current assets
cash and equivalents	458,048,000	1,186,917,000	589,464,000	1,015,210,000	829,980,000	1,039,421,000	1,400,887,000	1,765,467,000	1,475,356,000	1,604,943,000	1,628,417,000	1,420,497,000	1,007,085,000	1,189,528,000	1,243,868,000	1,095,701,000	1,113,744,000	1,245,165,000	1,368,618,000	1,267,618,000	1,496,458,000	1,235,478,000	1,381,460,000	1,146,007,000	972,561,000	791,444,000	828,220,000	884,315,000	720,445,000	985,824,000	1,028,649,000	1,101,964,000	908,843,000	966,826,000	841,483,000	1,051,489,000	1,052,666,000	976,951,000	473,790,000	419,401,000	160,982,000	159,591,000	357,490,000	342,919,000	370,056,000	243,753,000	477,861,000	287,120,000	420,938,000	357,809,000	456,694,000	277,691,000	160,810,000	270,118,000	191,593,000	225,506,000	18,217,000	16,067,000	22,135,000	115,405,000	58,889,000	10,811,000	12,212,000	28,332,000	29,373,000	53,948,000	195,705,000	65,518
short-term investments	39,577,000	19,636,000	147,811,000	645,343,000	418,367,000	653,255,000	721,210,000	500,844,000	611,701,000	714,769,000	628,215,000	583,211,000	351,005,000								69,546,000	219,193,000	262,174,000	69,529,000	114,154,000	173,723,000	228,783,000
accounts receivable	1,606,114,000	1,647,704,000		1,500,685,000	1,695,840,000	1,665,424,000		1,807,313,000	2,079,949,000	2,072,619,000		2,255,206,000	2,573,539,000	2,285,245,000		1,886,759,000	1,565,317,000	1,360,535,000		915,223,000	841,593,000	995,324,000		983,515,000	1,069,061,000	1,141,038,000		1,224,477,000	1,175,795,000	983,457,000		897,838,000	866,716,000	860,676,000		752,232,000	758,145,000	654,177,000	757,110,000	772,309,000	741,309,000	1,013,503,000	852,440,000	760,654,000	722,867,000	725,105,000	703,896,000	656,517,000	660,351,000	737,531,000	764,715,000	797,577,000	828,514,000	599,108,000	577,380,000	615,624,000	340,426,000	335,715,000	1,032,734,000	1,147,277,000	817,799,000	446,131,000	399,699,000	383,632,000		322,478,000	229,124,000	202,878
accounts receivable-related parties	94,861,000	73,097,000	54,230,000	64,272,000	79,552,000	73,636,000	73,245,000	74,736,000	63,015,000	54,355,000	79,769,000	78,788,000	87,176,000	78,423,000	5,049,000	6,036,000	5,707,000	5,928,000	3,937,000	3,619,000	2,463,000	3,084,000	2,958,000	3,431,000	3,818,000	2,357,000	3,536,000	3,713,000	4,388,000	4,198,000	22,422,000	25,179,000	20,178,000	22,471,000	26,219,000	27,227,000	35,858,000	35,024,000	41,915,000	44,213,000	28,432,000	45,165,000	58,356,000	50,446,000	50,006,000	48,022,000	49,405,000	56,233,000	55,089,000	51,643,000	51,153,000	51,824,000	55,423,000	55,837,000	50,928,000	34,108,000	24,310,000	26,124,000	89,914,000	87,333,000	82,117,000	45,326,000	42,425,000	38,346,000		31,813,000	31,771,000	38,830
inventories	3,260,899,000	3,099,054,000	3,113,733,000	3,044,887,000	3,073,637,000	3,027,143,000	2,894,632,000	2,941,634,000	3,044,009,000	2,988,852,000	3,129,964,000	3,376,532,000	3,647,061,000	3,516,815,000	3,531,130,000	2,894,970,000	2,481,832,000	2,217,534,000	1,843,548,000	1,609,216,000	1,567,017,000	1,644,538,000	1,689,043,000	1,767,020,000	1,802,759,000	1,867,700,000	1,859,168,000	1,853,862,000	1,787,109,000	1,600,058,000	1,519,347,000	1,487,516,000	1,418,732,000	1,361,550,000	1,275,211,000	1,275,575,000	1,175,716,000	1,066,823,000	1,321,397,000	1,292,069,000	1,453,242,000	1,664,212,000	1,320,871,000	1,332,101,000	1,192,032,000	1,168,499,000	1,170,159,000	1,209,079,000	1,252,153,000	1,270,941,000	1,158,848,000	1,195,194,000	1,186,168,000	1,008,309,000	1,017,874,000	900,889,000	738,470,000	833,074,000	1,356,992,000	1,201,640,000	894,759,000	744,534,000	726,236,000	626,218,000	569,317,000	528,683,000	381,505,000	398,684
other current assets	231,100,000	190,297,000	163,131,000	173,179,000	141,635,000	138,557,000	162,790,000	138,605,000	122,025,000	127,022,000	195,371,000	99,210,000	90,144,000	79,624,000	209,591,000	104,106,000	98,509,000	67,744,000	74,363,000	59,219,000	39,043,000	45,351,000	76,012,000	50,818,000	61,248,000	52,628,000	72,730,000	50,110,000	39,927,000	38,705,000	91,509,000	59,648,000	37,188,000	33,442,000	83,197,000	30,121,000	28,072,000	41,258,000	28,744,000	32,004,000	34,846,000	29,263,000	23,216,000	24,363,000	25,126,000	33,028,000	24,056,000	24,107,000	15,816,000	15,029,000	18,646,000	15,164,000	18,913,000	21,451,000	14,844,000	12,091,000	22,017,000	35,725,000	61,977,000	67,566,000	62,522,000	27,264,000	31,493,000	10,593,000	15,167,000	21,853,000	13,300,000	13,307
total current assets	5,690,599,000	6,216,705,000	5,431,338,000	6,443,576,000	6,239,011,000	6,597,436,000	6,787,826,000	7,228,599,000	7,396,055,000	7,562,560,000	7,638,018,000	7,813,444,000	7,756,010,000	7,149,635,000	6,901,023,000	5,987,572,000	5,265,109,000	4,896,906,000	4,258,447,000	3,854,895,000	4,016,120,000	4,142,968,000	4,253,025,000	4,020,320,000	4,023,601,000	4,028,890,000	4,032,657,000	4,131,477,000	3,817,664,000	3,652,242,000	3,508,342,000	3,572,145,000	3,251,657,000	3,244,965,000	2,929,675,000	3,136,644,000	3,050,457,000	2,774,233,000	2,651,795,000	2,591,392,000	2,452,225,000	2,930,136,000	2,630,186,000	2,528,354,000	2,385,315,000	2,242,089,000	2,448,941,000	2,262,224,000	2,458,344,000	2,526,857,000	2,496,227,000	2,373,859,000	2,277,120,000	2,010,022,000	1,910,116,000	1,934,753,000	1,301,531,000	1,366,811,000	2,575,775,000	2,627,538,000	1,927,542,000	1,290,146,000	1,226,553,000	1,100,732,000	1,036,197,000	976,121,000	858,355,000	725,733

property, plant and equipment	8,465,478,000	8,322,652,000	8,117,988,000	7,825,869,000	7,433,564,000	7,063,990,000	6,734,218,000	6,313,366,000	5,783,622,000	5,491,201,000	5,373,665,000	5,146,606,000	4,886,555,000	4,827,962,000	4,751,430,000	4,654,192,000	4,526,892,000	4,340,411,000	4,105,569,000	3,862,375,000	3,587,450,000	3,327,605,000	3,135,886,000	3,031,731,000	2,947,243,000	2,936,893,000	2,945,767,000	2,901,658,000	2,909,033,000	2,657,937,000	2,675,904,000	2,708,777,000	2,729,721,000	2,760,544,000	2,787,215,000	2,928,226,000	2,885,844,000	2,914,186,000	3,013,659,000	3,047,401,000	3,085,587,000	3,420,654,000	2,177,007,000	2,197,503,000	2,241,067,000	2,232,852,000	2,232,413,000	2,213,703,000	2,208,660,000	2,199,509,000	2,168,444,000	2,176,314,000	2,187,698,000	2,214,105,000	2,237,927,000	2,240,375,000	2,144,360,000	2,108,657,000	1,997,495,000	1,916,403,000	1,720,276,000	1,358,204,000	1,249,178,000	1,161,914,000	1,136,703,000	1,113,709,000	990,506,000	999,969
intangible assets	213,439,000	220,336,000	227,234,000	234,806,000	242,450,000	250,095,000	257,759,000	265,845,000	274,005,000	260,629,000	267,507,000	276,586,000	281,022,000	288,183,000	295,345,000	302,522,000	309,700,000	317,139,000	324,577,000	306,574,000	313,520,000	320,711,000		249,598,000	256,302,000	263,315,000		236,563,000	243,154,000	249,983,000		263,357,000	269,129,000	276,553,000		291,814,000	265,476,000	272,528,000	353,561,000	358,402,000	364,620,000	406,318,000	372,819,000	379,488,000	393,531,000	401,104,000	408,832,000	425,034,000	433,559,000	442,277,000	460,206,000	469,719,000	479,480,000	500,021,000	511,002,000	522,245,000	557,194,000	551,489,000	625,537,000	636,649,000	488,436,000	198,678,000	14,110,000	11,973,000		12,335,000
goodwill	477,471,000	477,471,000	477,471,000	477,471,000	477,471,000	477,471,000	477,471,000	477,471,000	477,471,000	502,067,000	502,067,000	451,594,000	452,341,000	453,088,000	453,835,000	454,683,000	455,530,000	456,378,000	457,226,000	474,520,000	451,220,000	452,068,000	452,915,000	540,913,000	526,462,000	530,716,000	429,645,000	502,900,000	508,275,000	386,045,000	386,893,000	388,518,000	390,129,000	391,740,000	393,351,000	399,867,000	394,275,000	395,872,000	740,243,000	741,898,000	743,528,000	727,128,000	728,751,000	730,360,000	733,650,000	735,281,000	736,912,000	740,192,000	741,817,000	743,441,000	746,737,000	748,383,000	750,029,000	753,355,000	753,355,000	756,624,000	780,321,000	812,161,000	781,555,000	789,580,000	518,759,000	200,637,000	48,490,000	30,966,000	30,966,000	30,720,000
other assets	701,651,000	693,264,000	681,202,000	678,099,000	668,761,000	637,758,000	651,146,000	643,675,000	620,244,000	403,303,000	378,727,000	359,468,000	335,286,000	337,769,000	129,601,000	137,016,000	130,100,000	117,062,000	119,743,000	119,192,000	100,031,000	101,571,000	106,038,000	100,685,000	104,306,000	97,419,000	25,166,000	25,770,000	26,395,000	26,606,000	10,745,000	10,848,000	12,121,000	12,387,000	11,454,000	11,440,000	14,069,000	15,220,000	63,662,000	68,099,000	70,636,000	75,790,000	57,979,000	59,564,000	97,726,000	101,353,000	106,076,000	106,927,000	101,194,000	104,549,000	111,104,000	110,461,000	111,830,000	112,386,000	112,813,000	117,578,000	84,474,000	70,744,000	66,838,000	65,763,000	154,732,000	40,993,000	30,963,000	29,785,000	25,223,000	27,053,000	30,619,000	30,397
total assets	15,548,638,000	15,930,428,000	14,935,233,000	15,659,821,000	15,061,257,000	15,026,750,000	14,908,420,000	14,928,956,000	14,551,397,000	14,219,760,000	14,159,984,000	14,047,698,000	13,711,214,000	13,056,637,000	12,531,234,000	11,535,985,000	10,687,331,000	10,127,896,000	9,265,562,000	8,617,556,000	8,468,341,000	8,344,923,000	8,275,765,000	7,943,247,000	7,857,914,000	7,857,233,000	7,703,563,000	7,798,368,000	7,504,521,000	6,972,813,000	6,855,732,000	6,960,737,000	6,670,130,000	6,704,035,000	6,423,732,000	6,787,562,000	6,629,676,000	6,391,642,000	6,842,541,000	6,826,763,000	6,735,838,000	7,578,283,000	5,985,202,000	5,913,857,000	5,874,305,000	5,735,910,000	5,956,574,000	5,775,516,000	5,971,380,000	6,043,627,000	6,003,481,000	5,900,453,000	5,827,605,000	5,610,459,000	5,545,805,000	5,582,122,000	4,881,812,000	4,926,079,000	6,054,879,000	6,043,589,000	4,821,612,000	3,095,301,000	2,575,886,000	2,341,392,000	2,247,017,000	2,164,473,000	1,881,619,000	1,757,687
liabilities and equity
current liabilities
accounts payable	1,216,907,000	1,252,529,000	972,645,000	1,074,501,000	1,205,679,000	1,174,060,000	1,078,645,000	1,049,317,000	1,039,149,000	1,126,795,000	1,007,304,000	1,153,299,000	1,365,608,000	1,202,033,000	1,266,833,000	1,208,499,000	1,167,102,000	1,113,250,000	760,536,000	702,991,000	696,845,000	602,875,000	509,687,000	518,909,000	516,109,000	582,284,000	536,743,000	595,286,000	657,496,000	544,419,000	473,765,000	512,290,000	467,611,000	514,788,000	382,126,000	427,790,000	450,945,000	407,405,000	378,594,000	438,363,000	367,267,000	621,579,000	422,761,000	401,539,000	411,201,000	355,678,000	401,407,000	364,380,000	381,250,000	462,492,000	453,232,000	443,693,000	437,531,000	356,042,000	354,550,000	380,284,000	225,753,000	239,355,000	644,263,000	757,590,000	473,150,000	320,276,000	212,239,000	218,156,000	145,938,000	167,920,000	178,501,000	111,067
accounts payable-related parties	10,276,000	5,157,000	7,267,000	5,315,000	7,729,000	9,533,000	9,685,000	10,858,000	9,435,000	12,171,000	9,934,000	11,848,000	15,206,000	11,525,000	13,722,000	11,938,000	16,502,000	21,422,000	8,919,000	12,690,000	5,087,000	9,285,000	3,657,000	9,720,000	9,047,000	9,183,000	14,011,000	15,742,000	18,305,000	18,199,000	15,683,000	16,393,000	16,392,000	16,170,000	13,070,000	10,046,000	10,322,000	6,170,000	7,776,000	8,335,000	9,695,000	18,542,000	17,930,000	15,629,000	15,205,000	8,652,000	9,225,000	12,833,000	11,924,000	9,765,000	9,107,000	12,166,000	15,883,000	10,289,000	8,786,000	10,028,000	1,693,000	4,559,000	8,532,000	14,682,000	21,551,000	5,288,000	6,079,000	7,316,000		1,766,000	1,614,000	4,475
income taxes payable	2,069,000	43,249,000	3,783,000	6,248,000	6,070,000	150,103,000	5,524,000	30,343,000	39,177,000	129,082,000	6,520,000	41,121,000	36,976,000	229,360,000	13,746,000	80,167,000	80,520,000	52,969,000	2,386,000	827,000	25,411,000	17,806,000	2,014,000	2,074,000	3,032,000	26,896,000	7,468,000	10,872,000	38,273,000	14,564,000	3,696,000	5,596,000	5,589,000	80,741,000	5,593,000	35,733,000	43,367,000	9,960,000	14,246,000	2,411,000	5,116,000	26,949,000	19,448,000	23,531,000	7,649,000	2,862,000	13,438,000	12,014,000	2,164,000	14,383,000	14,844,000	11,531,000	19,640,000	5,431,000	2,008,000	30,723,000			31,614,000	63,728,000	98,479,000	31,739,000	26,365,000	85,347,000	30,497,000
accrued payroll and benefits	233,395,000	173,318,000	373,216,000	334,859,000	277,307,000	209,782,000	469,143,000	405,556,000	321,303,000	209,522,000	610,558,000	545,311,000	428,758,000	275,621,000	539,812,000	406,538,000	276,232,000	182,044,000	201,778,000	177,935,000	148,055,000	124,181,000	208,287,000	181,785,000	148,747,000	114,575,000	264,542,000	228,911,000	170,470,000	113,001,000	195,909,000	171,508,000	138,360,000	106,733,000	164,543,000	143,986,000	112,625,000	81,246,000	95,150,000	78,201,000	66,427,000	107,484,000	74,155,000	57,384,000	79,589,000	65,698,000	59,488,000										37,157,000	39,492,000
accrued expenses	354,974,000	373,258,000	366,682,000	389,360,000	343,525,000	329,490,000	309,312,000	336,242,000	293,102,000	296,524,000	340,646,000	323,331,000	300,663,000	270,178,000	278,549,000	258,551,000	200,849,000	176,422,000	178,618,000	171,307,000	154,243,000	167,718,000	175,405,000	162,692,000	151,161,000	141,239,000	146,613,000	136,111,000	130,234,000	112,975,000	125,138,000	128,701,000	118,337,000	109,400,000	113,556,000	112,521,000	105,378,000	97,567,000	102,510,000	97,215,000	87,302,000	113,851,000	86,486,000	87,715,000	82,157,000	80,209,000	80,257,000	166,845,000	168,928,000	186,247,000	203,191,000	173,440,000	199,211,000	193,919,000	165,842,000	202,961,000	81,025,000	91,547,000	274,886,000	247,934,000	184,329,000		92,401,000	79,114,000	94,024,000
current maturities of long-term debt	1,460,000	418,947,000	426,990,000	882,013,000	815,642,000	425,696,000	459,987,000	86,061,000	56,869,000	46,452,000	57,334,000	22,951,000	37,130,000	68,390,000	97,174,000	55,056,000	93,505,000	81,226,000	86,894,000	82,229,000	73,926,000	70,106,000	89,356,000	82,150,000	72,131,000	80,958,000	24,234,000	14,776,000	18,266,000	9,646,000	28,795,000	182,661,000	19,971,000	2,965,000	3,632,000	16,155,000	18,047,000	22,770,000	31,584,000	35,075,000	30,727,000	131,858,000	61,761,000	343,722,000	335,341,000	324,241,000	231,582,000	30,114,000	439,912,000	439,633,000	1,210,000	1,552,000	1,216,000	8,438,000	6,341,000	6,333,000	1,049,000	65,450,000	65,203,000			55,683,000	699,000	95,693,000	80,686,000	649,000	1,072,000	2,156
total current liabilities	1,819,081,000	2,266,458,000	2,150,583,000	2,692,296,000	2,655,952,000	2,298,664,000	2,332,296,000	1,918,377,000	1,759,035,000	1,820,546,000	2,032,296,000	2,131,396,000	2,201,872,000	2,090,646,000	2,227,369,000	2,054,289,000	1,852,245,000	1,661,189,000	1,258,787,000	1,175,628,000	1,115,426,000	1,031,720,000	1,006,698,000	1,005,275,000	925,736,000	1,003,090,000	1,019,137,000	1,049,665,000	1,058,586,000	860,740,000	868,519,000	1,066,529,000	795,892,000	881,447,000	712,815,000	794,113,000	779,224,000	673,046,000	677,858,000	698,588,000	618,334,000	1,041,540,000	713,223,000	951,431,000	954,202,000	869,849,000	814,687,000	605,399,000	1,019,449,000	1,121,868,000	717,467,000	670,846,000	689,644,000	595,452,000	554,298,000	640,011,000	488,389,000	729,650,000	1,674,710,000	1,395,509,000	1,009,980,000	672,778,000	580,402,000	501,429,000	399,490,000	273,246,000	244,228,000	207,177
long-term debt	3,779,559,000	3,777,132,000	2,804,017,000	2,801,871,000	2,212,802,000	2,612,246,000	2,611,069,000	3,009,010,000	3,010,829,000	3,014,358,000	3,013,241,000	3,012,120,000	3,011,116,000	3,010,109,000	3,008,702,000	3,019,175,000	3,016,486,000	3,016,200,000	3,015,782,000	2,636,615,000	2,636,722,000	2,646,012,000	2,644,988,000	2,355,243,000	2,355,917,000	2,354,427,000	2,352,489,000	2,351,979,000	2,352,127,000	2,353,703,000	2,353,145,000	2,351,483,000	2,354,337,000	2,353,744,000	2,353,194,000	2,570,837,000	2,573,186,000	2,575,528,000
deferred income taxes	957,564,000	918,435,000	902,186,000	943,154,000	928,321,000	923,745,000	944,768,000	961,117,000	941,491,000	898,112,000	889,103,000	856,650,000	853,407,000	856,790,000	854,905,000	722,220,000	652,059,000	602,185,000	536,288,000	512,503,000	503,034,000	489,248,000	484,169,000	468,248,000	457,784,000	447,087,000	435,838,000	398,814,000	375,719,000	314,736,000	305,949,000	461,399,000	459,639,000	454,426,000	448,375,000	450,159,000	433,116,000	416,260,000	28,839,000	31,396,000	33,414,000	18,402,000	17,813,000	17,871,000	25,228,000	23,682,000	23,564,000	28,229,000	26,917,000	26,089,000	21,652,000	21,114,000	21,007,000	24,786,000	21,678,000	21,585,000	32,179,000	26,631,000	12,023,000	8,317,000	11,456,000				13,964,000			6,516
other liabilities	148,384,000	134,509,000	133,201,000	143,200,000	143,968,000	144,336,000	180,760,000	182,161,000	175,073,000	180,321,000	129,539,000	112,327,000	95,929,000	120,918,000	120,087,000	117,367,000	136,189,000	113,125,000	106,479,000	94,011,000	73,237,000	72,004,000	75,055,000	70,126,000	70,196,000	63,171,000	8,870,000	11,833,000	18,330,000	20,257,000	21,811,000	20,305,000	20,781,000	19,711,000	20,649,000	20,751,000	19,544,000	19,302,000	16,405,000	16,147,000	15,936,000	24,922,000	22,356,000	22,843,000	22,898,000	20,324,000	19,947,000	18,564,000	81,795,000	82,613,000	77,391,000	63,794,000	62,944,000	62,145,000	61,594,000	60,957,000	67,095,000	65,759,000	63,027,000	44,003,000	39,705,000
total liabilities	6,704,588,000	7,096,534,000	5,989,987,000	6,580,521,000	5,941,043,000	5,978,991,000	6,068,893,000	6,070,665,000	5,886,428,000	5,913,337,000	6,064,179,000	6,112,493,000	6,162,324,000	6,078,463,000	6,211,063,000	5,913,051,000	5,656,979,000	5,392,699,000	4,917,336,000	4,418,757,000	4,328,419,000	4,238,984,000	4,210,910,000	3,898,892,000	3,809,633,000	3,867,775,000	3,816,334,000	3,812,291,000	3,804,762,000	3,549,436,000	3,549,424,000	3,899,716,000	3,630,649,000	3,709,328,000	3,535,033,000
commitments and contingencies
redeemable noncontrolling interests	141,226,000	171,212,000	171,212,000	171,212,000	171,212,000	171,212,000	171,212,000	171,212,000	171,212,000	186,205,000	181,503,000	172,403,000	168,303,000	227,914,000	211,414,000	186,814,000	176,414,000	163,614,000	158,614,000	155,414,000	152,414,000	151,014,000	143,614,000	143,614,000	139,930,000	139,930,000	111,240,000	111,240,000	111,240,000	111,240,000	111,240,000	111,240,000	111,240,000	111,240,000	111,240,000	126,340,000	126,340,000	126,340,000	126,340,000	125,972,000	126,340,000	126,340,000	124,180,000	121,834,000	110,054,000	104,734,000
equity
common stock voting, 0.0025 par value; 900,000,000 shares authorized;
268,417,974 and 268,377,165 shares issued; and 147,788,364 and 151,117,153
shares outstanding, as of june 30, 2025 and december 31, 2024, respectively	652,000
treasury stock
as of june 30, 2025 and december 31, 2024, respectively	-7,532,706,000
additional paid-in capital	1,229,809,000	1,218,235,000	1,229,819,000	1,220,089,000	1,207,771,000	1,197,176,000	1,217,610,000	1,214,894,000	1,204,134,000	1,194,079,000	1,212,566,000	1,219,947,000	1,213,481,000	1,204,023,000	1,218,933,000	1,219,438,000	1,210,833,000	1,202,945,000	1,207,392,000	1,200,228,000	1,191,614,000	1,183,776,000	1,181,012,000	1,175,512,000	1,167,505,000	1,160,139,000	1,160,048,000	1,156,556,000	1,149,367,000	1,142,871,000	1,141,534,000	1,147,463,000	1,141,050,000	1,135,892,000	1,132,749,000	1,132,365,000	1,125,519,000	1,115,008,000	1,104,832,000	1,099,669,000	1,088,605,000	1,075,593,000	1,058,921,000	1,092,281,000	1,060,780,000	1,050,470,000	1,045,973,000	1,033,857,000	1,033,086,000	1,031,043,000	1,023,295,000	1,019,061,000	1,010,698,000	988,972,000	983,780,000	978,090,000	958,558,000	544,971,000	538,445,000	583,756,000	562,847,000	392,269,000	386,935,000	375,887,000	367,772,000	414,792,000	421,648,000	405,900
retained earnings	15,165,119,000	14,940,418,000	14,798,082,000	14,660,426,000	14,413,148,000	14,056,868,000	13,545,590,000	13,189,468,000	12,681,894,000	11,940,621,000	11,375,765,000	10,799,863,000	9,945,710,000	8,800,883,000	7,761,417,000	6,721,734,000	5,783,184,000	5,134,398,000	4,758,969,000	4,624,019,000	4,576,629,000	4,553,882,000	4,419,296,000	4,349,523,000	4,250,419,000	4,109,034,000	3,958,320,000	3,730,662,000	3,376,163,000	3,057,904,000	2,874,693,000	2,606,831,000	2,490,373,000	2,373,718,000	2,210,459,000	2,224,963,000	2,101,729,000	1,993,910,000	2,250,901,000	2,223,599,000	2,225,354,000	2,300,660,000	2,237,147,000	2,192,413,000	2,149,389,000	2,116,262,000	2,111,597,000	2,049,011,000	2,058,108,000	2,035,569,000	2,003,486,000	1,982,051,000	1,905,207,000	1,829,659,000	1,827,194,000	1,794,247,000	1,682,208,000	1,714,310,000	1,921,240,000	1,746,544,000	1,555,860,000	1,348,576,000	1,261,085,000	1,180,700,000	1,093,271,000	898,522,000	811,581,000	744,344
accumulated other comprehensive income	1,178,000			-445,000	-1,428,000	-13,000	421,000	-494,000	1,027,000	1,800,000	889,000	-2,748,000	-4,999,000	9,296,000	-2,091,000	10,583,000	32,344,000	5,667,000	1,902,000	95,000	216,000	30,000	-7,000	39,000	78,000	130,000	301,000
total steel dynamics, inc. equity	8,864,052,000	8,824,710,000	8,934,287,000	9,081,502,000	9,130,773,000	9,072,408,000	8,866,666,000	8,893,535,000	8,707,983,000	8,336,637,000	8,130,357,000	7,971,156,000	7,588,348,000	6,964,354,000	6,304,641,000	5,607,926,000	5,020,114,000	4,728,792,000	4,345,164,000	4,201,183,000	4,145,250,000	4,113,526,000	4,075,834,000	4,056,641,000	4,064,490,000	4,008,111,000	3,935,071,000	4,033,768,000	3,746,981,000	3,470,719,000	3,351,574,000	3,104,725,000	3,080,939,000	3,035,179,000	2,927,020,000	2,965,917,000	2,835,837,000	2,717,209,000	2,959,896,000	2,927,413,000	2,918,077,000	2,978,084,000	2,897,897,000	2,568,795,000	2,492,437,000	2,448,999,000	2,439,133,000	2,363,025,000	2,371,349,000	2,346,224,000	2,301,568,000	2,275,899,000	2,190,691,000
noncontrolling interests	-161,228,000	-162,028,000	-160,253,000	-173,414,000	-181,771,000	-195,861,000	-198,351,000	-206,456,000	-214,226,000	-216,419,000	-216,055,000	-208,354,000	-207,761,000	-214,094,000	-195,884,000	-171,806,000	-166,176,000	-157,209,000	-155,552,000	-157,798,000	-157,742,000	-158,601,000	-154,593,000	-155,900,000	-156,139,000	-158,583,000	-159,082,000	-158,931,000	-158,462,000	-158,582,000	-156,506,000	-154,944,000	-152,698,000	-151,712,000	-149,561,000	-140,555,000																		12,037,000	13,618,000	13,417,000	13,953,000	14,274,000
total equity	8,702,824,000	8,662,682,000	8,774,034,000	8,908,088,000	8,949,002,000	8,876,547,000	8,668,315,000	8,687,079,000	8,493,757,000	8,120,218,000	7,914,302,000	7,762,802,000	7,380,587,000	6,750,260,000	6,108,757,000	5,436,120,000	4,853,938,000	4,571,583,000	4,189,612,000	4,043,385,000	3,987,508,000	3,954,925,000	3,921,241,000	3,900,741,000	3,908,351,000	3,849,528,000	3,775,989,000	3,874,837,000	3,588,519,000	3,312,137,000	3,195,068,000	2,949,781,000	2,928,241,000	2,883,467,000	2,777,459,000	2,825,362,000	2,698,266,000	2,581,166,000	2,829,445,000	2,798,728,000	2,796,753,000	2,911,649,000	2,835,030,000	2,512,496,000	2,447,734,000	2,410,737,000	2,406,590,000	2,339,054,000	2,354,136,000	2,332,561,000	2,282,666,000	2,257,194,000	2,173,400,000
total liabilities and equity	15,548,638,000	15,930,428,000	14,935,233,000	15,659,821,000	15,061,257,000	15,026,750,000	14,908,420,000	14,928,956,000	14,551,397,000	14,219,760,000	14,159,984,000	14,047,698,000	13,711,214,000	13,056,637,000	12,531,234,000	11,535,985,000	10,687,331,000	10,127,896,000	9,265,562,000	8,617,556,000	8,468,341,000	8,344,923,000	8,275,765,000	7,943,247,000	7,857,914,000	7,857,233,000	7,703,563,000	7,798,368,000	7,504,521,000	6,972,813,000	6,855,732,000	6,960,737,000	6,670,130,000	6,704,035,000	6,423,732,000	6,787,562,000	6,629,676,000	6,391,642,000	6,842,541,000	6,826,763,000	6,735,838,000	7,578,283,000	5,985,202,000	5,913,857,000	5,874,305,000	5,735,910,000	5,956,574,000	5,775,516,000	5,971,380,000	6,043,627,000	6,003,481,000	5,900,453,000	5,827,605,000
268,417,974 and 268,377,165 shares issued; and 149,380,035 and 151,117,153
shares outstanding, as of march 31, 2025 and december 31, 2024, respectively		652,000
as of march 31, 2025 and december 31, 2024, respectively		-7,334,595,000
as of december 31, 2024 and 2023, respectively			1,362,969,000
common stock voting, .0025 par value; 900,000,000 shares authorized;
268,377,165 and 268,112,991 shares issued; and 151,117,153 and 160,018,100
shares outstanding, as of december 31, 2024 and 2023, respectively			652,000
268,142,204 and 268,112,991 shares issued; and 153,042,184 and 160,018,100
shares outstanding, as of september 30, 2024 and december 31, 2023, respectively				651,000
as of september 30, 2024 and december 31, 2023, respectively				-6,799,219,000
268,142,204 and 268,112,991 shares issued; and 155,617,909 and 160,018,100
shares outstanding, as of june 30, 2024 and december 31, 2023, respectively					651,000
as of june 30, 2024 and december 31, 2023, respectively					-6,489,369,000
268,142,204 and 268,112,991 shares issued; and 157,878,760 and 160,018,100
shares outstanding, as of march 31, 2024 and december 31, 2023, respectively						651,000
as of march 31, 2024 and december 31, 2023, respectively						-6,182,274,000
as of december 31, 2023, and december 31, 2022, respectively							1,535,062,000
268,112,991 and 267,762,488 shares issued; and 160,018,100 and 172,936,163
shares outstanding, as of december 31, 2023, and december 31, 2022, respectively							651,000
267,772,737 and 267,762,488 shares issued; and 163,489,456 and 172,936,163
shares outstanding, as of september 30, 2023 and december 31, 2022, respectively								650,000
as of september 30, 2023 and december 31, 2022, respectively								-5,510,983,000
267,772,737 and 267,762,488 shares issued; and 166,383,336 and 172,936,163
shares outstanding, as of june 30, 2023 and december 31, 2022, respectively									650,000
as of june 30, 2023 and december 31, 2022, respectively									-5,179,722,000
267,772,737 and 267,762,488 shares issued; and 170,170,375 and 172,936,163
shares outstanding, as of march 31, 2023 and december 31, 2022, respectively										650,000
as of march 31, 2023 and december 31, 2022, respectively										-4,800,513,000
as of december 31, 2022, and december 31, 2021, respectively											1,976,282,000
267,762,488 and 267,224,622 shares issued; and 172,936,163 and 194,997,922
shares outstanding, as of december 31, 2022, and december 31, 2021, respectively											650,000
accrued interest												33,535,000	17,531,000	33,539,000	17,533,000	33,540,000	17,535,000	33,856,000	19,656,000	27,649,000	11,859,000	39,749,000	18,292,000	47,945,000	25,509,000	47,955,000	25,526,000	47,967,000	25,542,000	47,936,000	25,533,000	49,380,000	29,632,000	50,650,000	30,295,000	47,882,000	38,540,000	47,928,000	47,998,000	38,988,000	51,800,000	21,277,000	30,682,000	21,911,000	23,060,000	32,509,000	19,290,000										27,656,000	58,191,000								9,810,000		8,952
267,228,549 and 267,224,622 shares issued; and 176,563,632 and 194,997,922
shares outstanding, as of september 30, 2022 and december 31, 2021, respectively												649,000
as of september 30, 2022 and december 31, 2021, respectively												-4,046,555,000
267,224,622 and 267,224,622 shares issued; and 182,610,729 and 194,997,922
shares outstanding, as of june 30, 2022 and december 31, 2021, respectively													649,000
as of june 30, 2022 and december 31, 2021, respectively													-3,566,493,000
267,224,622 and 267,224,622 shares issued; and 189,247,115 and 194,997,922
shares outstanding, as of march 31, 2022 and december 31, 2021, respectively														649,000
as of march 31, 2022 and december 31, 2021, respectively														-3,050,497,000
as of december 31, 2021, and december 31, 2020, respectively															1,911,385,000
267,224,622 and 266,618,566 shares issued; and 194,997,922 and 210,914,264
shares outstanding, as of december 31, 2021, and december 31, 2020, respectively															649,000
as of december 31, 2021, and december 31, 2020 respectively															-2,674,267,000
266,618,566 shares issued; and 199,778,688 and 210,914,264
shares outstanding, as of september 30, 2021 and december 31, 2020, respectively																648,000
as of september 30, 2021 and december 31, 2020, respectively																-2,344,477,000
266,618,566 shares issued; and 205,307,447 and 210,914,264
shares outstanding, as of june 30, 2021 and december 31, 2020, respectively																	648,000
as of june 30, 2021 and december 31, 2020, respectively																	-2,006,895,000
266,618,566 shares issued; and 211,218,956 and 210,914,264
shares outstanding, as of march 31, 2021 and december 31, 2020, respectively																		648,000
as of march 31, 2021 and december 31, 2020, respectively																		-1,614,866,000
december 31, 2020, and december 31, 2019, respectively																			967,981,000
266,618,566 and 266,072,787 shares issued; and 210,914,264 and 214,502,639
shares outstanding, as of december 31, 2020, and december 31, 2019, respectively																			648,000
as of december 31, 2020, and december 31, 2019 respectively																			-1,623,747,000
266,072,787 and 266,072,787 shares issued; and 210,366,497 and 214,502,639
shares outstanding, as of september 30, 2020 and december 31, 2019, respectively																				646,000
as of september 30, 2020 and december 31, 2019, respectively																				-1,623,805,000
266,072,787 and 266,072,787 shares issued; and 210,364,813 and 214,502,639
shares outstanding, as of june 30, 2020 and december 31, 2019, respectively																					646,000
as of june 30, 2020 and december 31, 2019, respectively																					-1,623,855,000
266,079,627 and 266,072,787 shares issued; and 210,338,959 and 214,502,639
shares outstanding, as of march 31, 2020 and december 31, 2019, respectively																						646,000
as of march 31, 2020 and december 31, 2019, respectively																						-1,624,808,000
accounts receivable, net of related allowances of 15,867 and 17,495 as of
december 31, 2019, and december 31, 2018, respectively																							841,378,000
intangible assets, net of accumulated amortization of 322,611 and 294,449 as of
266,072,787 and 265,822,402 shares issued; and 214,502,639 and 225,272,174
shares outstanding, as of december 31, 2019, and december 31, 2018, respectively																							646,000
as of december 31, 2019, and december 31, 2018 respectively																							-1,525,113,000
265,553,499 and 265,822,402 shares issued; and 215,740,572 and 225,272,174
shares outstanding, as of september 30, 2019 and december 31, 2018, respectively																								645,000
as of september 30, 2019 and december 31, 2018, respectively																								-1,469,078,000
265,553,499 and 265,822,402 shares issued; and 219,797,547 and 225,272,174
shares outstanding, as of june 30, 2019 and december 31, 2018, respectively																									645,000
as of june 30, 2019 and december 31, 2018, respectively																									-1,354,157,000
265,552,825 and 265,822,402 shares issued; and 222,931,285 and 225,272,174
shares outstanding, as of march 31, 2019 and december 31, 2018, respectively																										645,000
as of march 31, 2019 and december 31, 2018, respectively																										-1,261,837,000
net sales
unrelated parties																										2,814,486,000	11,801,609,000	3,220,891,000	3,083,822,000	2,597,312,000	9,364,213,000	2,399,116,000	2,347,304,000	2,319,663,000	7,607,180,000	2,060,596,000	1,978,984,000	1,698,004,000	1,901,415,000	1,945,983,000	2,003,973,000	2,276,747,000	1,987,635,000	1,765,881,000	1,838,464,000	1,735,420,000	1,728,401,000	1,624,561,000	1,830,117,000	1,905,075,000	1,976,296,000	2,004,283,000	1,941,664,000
related parties																										2,949,000	20,230,000	2,656,000	6,703,000	6,563,000	174,584,000	44,266,000	43,416,000	48,553,000	169,929,000	40,714,000	44,918,000	43,297,000	49,508,000	59,024,000	43,462,000	62,269,000	82,126,000	64,201,000	73,274,000	65,920,000	67,295,000	68,829,000	79,686,000	76,965,000	67,159,000	75,448,000	74,305,000
total net sales																										2,817,435,000	11,821,839,000	3,223,547,000	3,090,525,000	2,603,875,000	9,538,797,000	2,443,382,000	2,390,720,000	2,368,216,000	7,777,109,000	2,101,310,000	2,023,902,000	1,741,301,000	1,950,923,000	2,005,007,000	2,047,435,000	2,339,016,000	2,069,761,000	1,830,082,000	1,911,738,000	1,801,340,000	1,795,696,000	1,693,390,000	1,909,803,000	1,982,040,000	2,043,455,000	2,079,731,000	2,015,969,000
costs of goods sold																										2,383,865,000	9,499,025,000	2,537,466,000	2,438,443,000	2,140,459,000	7,956,783,000	2,046,864,000	1,998,202,000	1,896,062,000	6,442,245,000	1,692,807,000	1,643,519,000	1,505,265,000	1,722,197,000	1,833,264,000	1,860,393,000	2,050,504,000	1,846,990,000	1,666,778,000	1,714,546,000	1,653,648,000	1,619,432,000	1,536,989,000	1,727,667,000	1,780,776,000	1,844,212,000	1,803,345,000	1,720,215,000
gross profit																										433,570,000	2,322,814,000	686,081,000	652,082,000	463,416,000	1,582,014,000	396,518,000	392,518,000	472,154,000	1,334,864,000	408,503,000	380,383,000	236,036,000	228,726,000	171,743,000	187,042,000	288,512,000	222,771,000	163,304,000	197,192,000	147,692,000	176,264,000	156,401,000	182,136,000	201,264,000	199,243,000	276,386,000	295,754,000
selling, general and administrative expenses																										111,038,000	416,640,000	102,614,000	101,031,000	106,431,000	394,631,000	97,056,000	98,433,000	102,933,000	374,009,000	95,185,000	96,853,000	87,530,000	82,371,000	82,660,000	76,350,000	80,240,000	73,463,000	70,042,000	67,553,000	65,356,000	65,262,000	62,984,000	61,235,000	64,384,000	72,876,000	63,631,000	65,141,000
profit sharing																										23,677,000	155,985,000	45,304,000	42,335,000	26,662,000	91,309,000	21,175,000	21,308,000	27,231,000	71,285,000	22,255,000	20,176,000	9,291,000	9,008,000	5,031,000	4,598,000	12,865,000	10,469,000	5,395,000	8,469,000	4,779,000	6,643,000	3,954,000	8,211,000	8,072,000	7,428,000	14,454,000	15,203,000
amortization of intangible assets																										7,013,000	27,780,000	6,591,000	6,829,000	6,926,000	29,193,000	7,272,000	7,424,000	7,424,000	28,765,000	7,208,000	7,232,000	7,250,000	6,318,000	6,493,000	6,323,000	6,764,000	6,934,000	6,935,000	7,897,000	8,051,000	8,127,000	8,848,000	8,991,000		10,154,000	10,082,000
operating income																										291,842,000	1,722,409,000	531,572,000	501,887,000	323,397,000	1,066,881,000	271,015,000	265,353,000	334,566,000	727,966,000	283,855,000	256,122,000	131,965,000	131,029,000	77,559,000	99,771,000	188,643,000	131,905,000	80,932,000	113,273,000	69,198,000	96,232,000	72,721,000	103,699,000	119,816,000	108,785,000	188,219,000	205,326,000
interest expense, net of capitalized interest																										31,122,000	126,620,000	31,560,000	31,512,000	31,896,000	134,399,000	34,177,000	33,869,000	33,973,000	146,037,000	36,199,000	36,646,000	37,043,000	37,084,000	37,163,000	43,087,000	31,904,000	30,050,000	30,569,000	30,970,000	31,465,000	34,629,000	41,490,000	41,106,000	41,112,000	44,702,000	44,812,000	43,346,000
other income																										-6,343,000	-23,985,000	-7,103,000	-5,035,000	-4,463,000	-2,753,000	2,526,000	-3,835,000	-3,659,000	17,796,000	4,351,000			239,000		16,192,000	22,072,000		-631,000				24,010,000		10,248,000
income before income taxes																										267,063,000	1,619,774,000	507,115,000	475,410,000	295,964,000	935,235,000	234,312,000	235,319,000	304,252,000	564,133,000	243,305,000	221,294,000	96,714,000	93,706,000	41,608,000	40,492,000	134,667,000	103,609,000	50,994,000	84,155,000	38,979,000	62,649,000	7,221,000	64,485,000	68,456,000	67,606,000	149,152,000	166,547,000
income tax expense																										62,236,000	363,969,000	109,209,000	112,838,000	70,489,000		83,300,000	82,372,000	105,586,000				35,396,000
net income																										204,827,000	1,255,805,000	397,906,000	362,572,000	225,475,000	805,796,000	151,012,000	152,947,000	198,666,000	360,006,000	154,413,000	140,443,000	61,318,000	58,867,000	25,325,000	26,954,000	87,657,000	66,341,000	33,698,000	51,090,000	23,273,000	41,252,000	6,105,000	39,305,000	41,777,000	39,857,000	95,826,000	104,230,000
net (income) loss attributable to noncontrolling interests																										-499,000			-123,000
net income attributable to steel dynamics, inc.																										204,328,000	1,258,379,000	398,375,000	362,449,000	227,551,000	812,741,000	153,258,000	153,933,000	200,817,000	382,115,000	157,397,000	141,969,000	62,737,000	60,617,000	31,550,000	30,761,000	91,173,000	72,303,000	38,579,000	57,486,000	28,958,000	48,215,000	12,833,000	44,472,000	45,675,000	43,304,000	98,710,000	105,903,000
basic earnings per share attributable to steel dynamics,
inc. stockholders																										910	5,380	1,700	1,540	960	3,380	640	640	830	1,570	650
weighted-average common shares outstanding																										224,058,000	233,923,000	234,208,000	235,617,000	236,623,000	240,132,000	239,066,000	241,343,000	242,943,000	243,576,000	243,761,000	243,655,000	243,202,000	242,074,000	241,900,000	241,535,000	240,087,000	226,220,000	223,011,000	220,926,000	220,471,000	219,995,000	219,191,000	219,104,000	218,996,000	218,674,000	218,500,000	217,992,000
diluted earnings per share attributable to steel dynamics, inc.
stockholders, including the effect of assumed conversions
when dilutive																										910	5,350	1,690	1,530	960	3,360	640	630	820	1,560	640
weighted-average common shares and share equivalents outstanding																										224,962,000	235,193,000	235,649,000	236,945,000	237,723,000	241,781,000	240,880,000	243,021,000	244,546,000	245,298,000	245,682,000	245,392,000	244,608,000	243,822,000	243,491,000	242,867,000	242,244,000	242,048,000	241,394,000	239,001,000	221,736,000	238,087,000	220,044,000	236,208,000	236,526,000	235,759,000	236,266,000	236,224,000
dividends declared per share																										240	750	187.5	187.5	187.5	620	155	155	155	560	140	140	140	137.5	137.5	137.5	115	115	115	110	110	110	100	100	100	100	100	100
accounts receivable, net of related allowances of 17,495 and 15,036 as of
december 31, 2018, and december 31, 2017, respectively																											1,040,220,000
intangible assets, net of accumulated amortization of 294,449 and 269,868 as of
265,822,402 and 265,003,133 shares issued; and 225,272,174 and 237,396,839
shares outstanding, as of december 31, 2018, and december 31, 2017, respectively																											645,000
as of december 31, 2018, and december 31, 2017 respectively																											-1,184,243,000
asset impairment charge
net income attributable to noncontrolling interests																											2,574,000	469,000		2,076,000	6,945,000	2,246,000	986,000	2,151,000	22,109,000	2,984,000	1,526,000	1,419,000	1,750,000	6,225,000	3,807,000	3,516,000	5,962,000	4,881,000	6,396,000	5,685,000	6,963,000	6,728,000	5,167,000	3,898,000	3,447,000	2,884,000	1,673,000
short term investments																												115,000,000	90,000,000	40,000,000
265,117,573 and 265,003,133 shares issued; and 233,422,108 and 237,396,839
shares outstanding, as of september 30, 2018 and december 31, 2017, respectively																												644,000
as of september 30, 2018 and december 31, 2017, respectively																												-854,052,000
accumulated other comprehensive loss																												-42,000	-105,000
265,006,573 and 265,003,133 shares issued; and 235,096,384 and 237,396,839
shares outstanding, as of june 30, 2018 and december 31, 2017, respectively																													644,000
as of june 30, 2018 and december 31, 2017 respectively																													-779,088,000
265,080,663 and 265,003,133 shares issued; and 236,095,748 and 237,396,839
shares outstanding, as of march 31, 2018 and december 31, 2017, respectively																														644,000
as of march 31, 2018 and december 31, 2017 respectively																														-730,700,000
accounts receivable, net of related allowances of 15,036 and 14,413 as of
december 31, 2017, and december 31, 2016, respectively																															846,415,000
restricted cash																															16,939,000	17,092,000	17,373,000	17,846,000	18,060,000	19,571,000	19,555,000	19,603,000	19,621,000	19,571,000	19,242,000	18,257,000	18,460,000	18,588,000	23,016,000	23,231,000	23,400,000	27,436,000	27,806,000	26,994,000	20,763,000	21,717,000	21,448,000	20,570,000	20,592,000	10,547,000	13,932,000	16,217,000	7,679,000	7,656,000	11,867,000	6,643,000	6,592,000	6,022,000	5,702,000	4,535,000	2,139,000	1,588
intangible assets, net of accumulated amortization of 269,868 and 294,676 as of
265,003,133 and 264,130,544 shares issued; and 237,396,839 and 243,785,485
shares outstanding, as of december 31, 2017, and december 31, 2016, respectively																															644,000
as of december 31, 2017, and december 31, 2016 respectively																															-665,297,000
income tax benefit																															129,439,000				204,127,000
264,161,359 and 264,130,544 shares issued; and 236,951,784 and 243,785,485
shares outstanding, as of september 30, 2017 and december 31, 2016, respectively																																641,000
as of september 30, 2017 and december 31, 2016 respectively																																-650,210,000
264,161,359 and 264,130,544 shares issued; and 239,872,874 and 243,785,485
shares outstanding, as of june 30, 2017 and december 31, 2016, respectively																																	641,000
as of june 30, 2017 and december 31, 2016 respectively																																	-551,125,000
264,135,545 and 264,130,544 shares issued; and 242,110,745 and 243,785,485
shares outstanding, as of march 31, 2017 and december 31, 2016, respectively																																		641,000
as of march 31, 2017 and december 31, 2016 respectively																																		-475,072,000
accounts receivable, net of related allowances of 14,413 and 9,765 as of
december 31, 2016, and 2015, respectively																																			703,565,000
intangible assets, net of accumulated amortization of 294,676 and 265,940 as of
264,130,544 and 262,937,139 shares issued; and 243,785,485 and 243,089,514
shares outstanding, as of december 31, 2016, and december 31, 2015, respectively																																			641,000
as of december 31, 2016, and december 31, 2015 respectively																																			-416,829,000
asset impairment charges																																			132,839,000
263,396,348, and 262,937,139 shares issued; and 243,770,777, and 243,089,514
shares outstanding, as of september 30, 2016 and december 31, 2015, respectively																																				640,000
as of september 30, 2016 and december 31, 2015 respectively																																				-392,051,000
income taxes																																				88,892,000	80,851,000		34,839,000	16,283,000	13,538,000	47,010,000	37,268,000	17,296,000	33,065,000	15,706,000	21,397,000	1,116,000	25,180,000	26,679,000	27,749,000	53,326,000	62,317,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 263,370,594, and 262,937,139 shares issued; and 243,745,023, and 243,089,514 shares outstanding, as of june 30, 2016 and december 31, 2015, respectively																																					639,000
other income (income)
basic earnings per share attributable to steel dynamics, inc. stockholders																																					580	260	250	130	130	380	320	170	260	130	220	60	200	210	200	450	490
diluted earnings per share attributable to steel dynamics, inc. stockholders, including the effect of assumed conversions when dilutive																																					580	260	250	130	130	380	310	170	250	130	210	60	200	200	190	430	460
common stock voting, .0025 par value; 900,000,000 shares authorized; 263,142,777, and 262,937,139 shares issued; and 243,500,764, and 243,089,514 shares outstanding, as of march 31, 2016 and december 31, 2015, respectively																																						639,000
senior term loan																																							228,125,000	231,250,000	234,375,000	189,062,000	199,375,000
senior notes																																							2,350,000,000	2,350,000,000	2,350,000,000	2,700,000,000	1,500,000,000	1,500,000,000	1,500,000,000	1,500,000,000	1,500,000,000
other long-term debt																																							37,694,000	38,324,000	39,069,000	40,932,000	42,753,000	45,341,000	46,744,000	40,493,000	41,093,000	35,491,000	36,224,000	36,707,000	41,550,000	40,293,000	40,780,000	71,938,000	64,179,000	62,364,000	42,392,000	30,314,000	15,884,000	17,785,000	16,085,000	16,536,000	16,750,000	16,836,000		17,887,000	17,807,000
total long-term debt																																							2,615,819,000	2,619,574,000	2,623,444,000	2,929,994,000	1,742,128,000	1,755,028,000	1,773,619,000	1,774,243,000	2,069,214,000	2,173,925,000	1,928,097,000	1,932,019,000	2,379,050,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 261,938,768, and 261,420,126 shares issued; and 242,090,224, and 241,449,423 shares outstanding, as of september 30, 2015 and december 31, 2014, respectively																																							636,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 261,904,809, and 261,420,126 shares issued; and 242,055,377, and 241,449,423 shares outstanding, as of june 30, 2015 and december 31, 2014, respectively																																								636,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 261,539,685 and 261,420,126 shares issued; and 241,688,172 and 241,449,423 shares outstanding, as of march 31, 2015 and december 31, 2014, respectively																																									635,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 260,332,348 and 258,840,350 shares issued; and 240,365,196 and 222,867,408 shares outstanding, as of september 30, 2014 and december 31, 2013, respectively																																										649,000
impairment charges																																														308,000		7,894,000
total selling, general and administrative expenses																																										99,869,000	90,866,000	82,372,000	83,919,000	78,494,000	80,032,000	83,680,000	78,437,000	81,448,000	90,458,000	88,167,000	90,428,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 259,588,037 and 258,840,350 shares issued; and 239,620,885 and 222,867,408 shares outstanding, as of june 30, 2014 and december 31, 2013, respectively																																											647,000
term note																																												209,687,000	226,875,000	233,750,000	240,625,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 259,046,646 and 258,840,350 shares issued; and 223,173,055 and 222,867,408 shares outstanding, as of march 31, 2014 and december 31, 2013, respectively																																												646,000
investments in short-term commercial paper																																																	9,998,000	64,982,000
convertible senior notes																																															287,496,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 257,314,197 and 255,592,901 shares issued; and 221,349,383 and 219,522,655 shares outstanding, as of september 30, 2013 and december 31, 2012, respectively																																													641,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 256,630,645 and 255,592,901 shares issued; and 220,665,831 and 219,522,655 shares outstanding, as of june 30, 2013 and december 31, 2012, respectively																																														640,000
redeemable noncontrolling interest																																															99,414,000	93,774,000	77,424,000	73,924,000	64,364,000	54,294,000	54,294,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 256,333,083 and 255,592,901 shares issued; and 220,333,057 and 219,522,655 shares outstanding, as of march 31, 2013 and december 31, 2012, respectively																																															639,000
income taxes receivable																																																939,000	17,082,000	2,833,000	24,519,000	15,295,000	6,285,000	30,413,000	35,819,000	124,950,000	125,912,000	93,475,000
accrued profit sharing																																																19,213,000	15,271,000	9,348,000	35,883,000	28,464,000	16,163,000	21,333,000	16,771,000	9,682,000	56,000	56,000	75,212,000	44,767,000	19,994,000	42,363,000	27,619,000	15,803,000	46,341,000	20,752,000
term loan																																																250,938,000	254,375,000	257,812,000
7 3/8% senior notes due 2012
5.125% convertible senior notes due 2014																																																287,496,000
6 ¾% senior notes due 2015																																																500,000,000
7 ¾% senior notes due 2016
6 1/8% senior notes due 2019																																																400,000,000
7 5/8% senior notes due 2020																																																350,000,000
6 3/8% senior notes due 2022																																																350,000,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 255,299,134 and 255,052,811 shares issued; and 219,228,888 and 218,873,720 shares outstanding, as of september 30, 2012 and december 31, 2011, respectively																																																636,000
7 3/8% senior notes, due 2012																																																			700,000,000	700,000,000	700,000,000	700,000,000	700,000,000	700,000,000	700,000,000	700,000,000	700,000,000	700,000,000	700,000,000
5.125% convertible senior notes, due 2014																																																	287,498,000	287,500,000	287,500,000	287,500,000	287,500,000	287,500,000	287,500,000	287,500,000	287,500,000
6 ¾% senior notes, due 2015																																																	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000		500,000,000		500,000,000
7 ¾% senior notes, due 2016																																																	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000	500,000,000		500,000,000
7 5/8% senior notes, due 2020																																																	350,000,000	350,000,000	350,000,000	350,000,000	350,000,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 255,225,325 and 255,052,811 shares issued; and 219,154,966 and 218,873,720 shares outstanding, as of june 30, 2012 and december 31, 2011, respectively																																																	636,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 255,171,906 and 255,052,811 shares issued; and 219,074,339 and 218,873,720 shares outstanding, as of march 31, 2012 and december 31, 2011, respectively																																																		636,000
amortization of intangibles																																																		8,992,000			10,084,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 255,029,406 and 254,002,799 shares issued; and 218,690,315 and 217,574,826 shares outstanding, as of september 30, 2011 and december 31, 2010, respectively																																																			636,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 254,987,769 and 254,002,799 shares issued; and 218,648,678 and 217,574,826 shares outstanding, as of june 30, 2011 and december 31, 2010, respectively																																																				636,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 254,642,621 and 254,002,799 shares issued; and 218,303,530 and 217,574,826 shares outstanding, as of march 31, 2011 and december 31, 2010, respectively																																																					635,000
liabilities and stockholders’ equity
senior secured revolving credit facility, due 2012																																																									114,000,000	231,000,000	575,000,000
7 5/8% notes, due 2020																																																						350,000,000	350,000,000	350,000,000
stockholders’ equity
common stock voting, .0025 par value; 900,000,000 shares authorized; 253,422,407 and 252,589,627 shares issued; and 216,994,434 and 215,999,801 shares outstanding, as of september 30, 2010 and december 31, 2009, respectively																																																						632,000
total steel dynamics, inc. stockholders’ equity																																																						2,091,639,000	2,083,981,000	2,044,478,000	1,910,530,000	1,524,670,000
total stockholders’ equity																																																						2,103,676,000	2,097,599,000	2,057,895,000	1,924,483,000	1,538,944,000	1,739,394,000	1,987,552,000	1,616,057,000	1,079,959,000	1,184,155,000	1,225,106,000	1,231,108,000	1,224,936,000	971,522,000	879,868
total liabilities and stockholders’ equity																																																						5,610,459,000	5,545,805,000	5,582,122,000	4,881,812,000	4,926,079,000	6,054,879,000	6,043,589,000	4,821,612,000	3,095,301,000	2,575,886,000	2,341,392,000	2,247,017,000	2,164,473,000	1,881,619,000	1,757,687
common stock voting, .0025 par value; 900,000,000 shares authorized; 253,233,868 and 252,589,627 shares issued; and 216,805,895 and 215,999,801 shares outstanding, as of june 30, 2010 and december 31, 2009, respectively																																																							631,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 252,908,444 and 252,589,627 shares issued; and 216,437,175 and 215,999,801 shares outstanding, as of march 31, 2010 and december 31, 2009, respectively																																																								630,000
senior secured term a loan																																																												536,000,000	552,100,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 251,398,691 and 218,733,363 shares issued; and 214,808,597 and 181,820,012 shares outstanding, as of june 30, 2009 and december 31, 2008, respectively																																																									626,000
other accumulated comprehensive loss
senior secured term a loan, due 2012																																																										487,700,000	519,900,000
6 3/4% senior notes, due 2015																																																										500,000,000		500,000,000
7 3/4% senior notes, due 2016																																																										500,000,000		500,000,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 218,771,002 and 218,733,363 shares issued; and 182,130,997 and 181,820,012 shares outstanding, as of march 31, 2009 and december 31, 2008, respectively																																																										545,000
4.0% convertible subordinated notes
minority interest																																																											8,939,000	12,304,000	11,513,000	976,000	869,000	1,043,000	1,424,000	1,747,000	1,357,000	1,118
common stock voting, .0025 par value; 900,000,000 shares authorized; 218,636,669 and 217,770,922 shares issued; and 183,115,409 and 190,324,402 shares outstanding, as of september 30, 2008 and december 31, 2007, respectively																																																											544,000
other accumulated comprehensive income																																																												5,011,000
senior secured revolving credit facility																																																												201,000,000	147,000,000	97,000,000	215,000,000
other current maturities of long-term debt																																																												65,808,000	65,477,000
4.0% convertible subordinated notes, due 2012																																																												16,000,000	37,250,000
common stock voting, .0025 par value; 900,000,000 shares authorized; 218,551,353 and 217,770,922 shares issued; and 198,191,407 and 190,324,402 shares outstanding, as of june 30, 2008 and december 31, 2007, respectively																																																												544,000
common stock voting, .0025 par value; 400,000,000 shares authorized; 218,161,133 and 217,770,922 shares issued; and 188,849,999 and 190,324,402 shares outstanding, as of march 31, 2008 and december 31, 2007, respectively																																																													543,000
deferred taxes																																																														16,080,000	14,488,000	13,611,000		17,346,000	6,950,000
other accrued expenses																																																														120,429,000				72,349,000	63,041,000	80,527
senior secured term a loan facility																																																														495,000,000
9 ½% senior unsecured notes
6 ¾% senior unsecured notes																																																														500,000,000
subordinated convertible 4.0% notes																																																														37,250,000	37,500,000	37,500,000		79,995,000	110,000,000
unamortized bond premium																																																																3,350,000	3,772,000	4,615,000	5,037,000	5,459
common stock voting, .005 par value; 200,000,000 shares authorized: 108,578,346 and 107,865,486 shares issued, and 87,242,960 and 96,983,303 shares outstanding, as of september 30, 2007 and december 31, 2006, respectively																																																														541,000
91¤2% senior unsecured notes
63¤4% senior unsecured notes																																																															500,000,000
common stock voting, .005 par value; 200,000,000 shares authorized; 108,408,426 and 107,865,486 shares issued, and 91,923,320 and 96,983,303 shares outstanding, as of june 30, 2007 and december 31, 2006, respectively																																																															540,000
senior unsecured 9½% notes																																																																300,000,000	300,000,000			300,000
common stock voting, .005 par value; 200,000,000 shares authorized; 108,082,420 and 107,865,486 shares issued, and 94,510,185 and 96,983,303 shares outstanding, as of march 31, 2007 and december 31, 2006, respectively																																																																538,000
accounts receivable, net of related allowances of 6,863 and 5,727 as of december 31, 2006 and 2005, respectively																																																																	355,011,000
accounts receivable—related parties																																																																	53,365,000
intangible assets, net of accumulated amortization of 1,874 as of december 31, 2006																																																																	12,226,000
accounts payable—related parties																																																																	2,004,000
convertible subordinated 4.0% notes																																																																	37,500,000			115,000
other secured debt																																																																	16,920,000			17,960
common stock voting, .005 par value; 200,000,000 shares authorized; 107,865,486 and 106,111,440 shares issued; and 96,983,303 and 86,367,978 shares outstanding, as of december 31, 2006 and 2005, respectively																																																																	537,000
current assets:
current liabilities:
senior unsecured 9 ½% notes																																																																		300,000,000
stockholders’ equity:
common stock voting, .01 par value; 100,000,000 shares authorized; 53,796,151 and 53,055,720 shares issued, and 50,556,030 and 43,183,989 shares outstanding, as of june 30, 2006 and december 31, 2005, respectively																																																																		536,000
senior unsecured 9.5% notes																																																																			300,000,000
common stock voting, .01 par value; 100,000,000 shares authorized; 53,617,457 and 53,055,720 shares issued, and 44,061,455 and 43,183,989 shares outstanding, as of march 31, 2006 and december 31, 2005, respectively																																																																			534,000
long-term debt:
common stock voting, .01 par value; 100,000,000 shares authorized; 53,055,720 and 52,435,059 shares issued; and 43,183,989 and 48,485,671 shares outstanding, as of december 31, 2005 and 2004, respectively																																																																				529

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