Steel Dynamics, Inc.: Expanding Aluminum Operations To Act As A Formidable Player In The Aluminum Market!

Steel Dynamics (STLD) navigated a challenging market environment in 2024, achieving solid financial results while continuing strategic growth initiatives. The company reported second-highest annual steel shipments of 12.7 million tons, and cash from operations stood at $1.8 billion, supported by adjusted EBITDA of $2.5 billion. Net income for 2024 was recorded at $1.5 billion, reflecting a diluted share value of $9.84, while the fourth quarter net income was $207 million, or $1.36 per diluted share. Revenues for the fourth quarter were $3.9 billion, displaying a decline from the third quarter due to lower realized steel pricing and seasonal volume shifts.