Record Steel Shipments
Steel Dynamics achieved record steel shipments of 3,600,000 tons for the third quarter of 2025.
Strong Financial Performance
Revenues reached $4.8 billion, with an adjusted EBITDA of $664 million and cash flow from operations of $723 million.
Growth in Steel Operations
Operating income for steel operations was $498 million, a 30% increase sequentially, supported by a 20% improvement in shipments from Sinton.
Successful Aluminum Qualification
Aluminum operations received early quality certifications, and the division is on track to achieve EBITDA breakeven in the fourth quarter of 2025.
Biocarbon Team Milestone
The Biocarbon team shipped its first product, a significant step in the company's decarbonization efforts.
Metals Recycling Operations
Operating income from metals recycling was $32 million, significantly above sequential second quarter results.