Steel Dynamics — Jul 20, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-26-085277
Showing in the filing
Third cold mill transition to commercial operations
“August”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 5
Automotive sales commencement for FY2026
“before the end of 2026”
Aluminum flat-rolled sheet mill full capacity
“650,000-metric-ton capacity”
Aluminum operations volumes and profitability for FY2026
“increase sharply”
Third cold mill transition to commercial ope…
“August”
Second CASH line material qualifications for Q4 FY2026
“fourth quarter 2026”
Exhibit 99.1 · the passage around this item
… earlier in the release
“The aluminum team continues to make progress commissioning our
aluminum flat rolled products mill, as well as our San Luis Potosi, Mexico satellite recycled aluminum slab center. Two of the three cold
mills are now operational, and the third cold mill is currently being commissioned, with expectations to begin transitioning to commercial
operations in August. Additionally, the first of two Continuous Annealing and Solution Heat (CASH) lines, which support the production
of finished automotive products, is operating and shipping material for customer qualification. The second CASH line is also expected
to begin material qualifications in the fourth quarter 2026.
“We have intentionally aligned our growth strategy with our customers’
evolving needs, with a focus on product excellence, supply chain efficiency, and sustainability. Building on our strong positions in steel,
we are expanding into high-recycled-content aluminum sheet products to serve deficit adjacent markets where customer demand continues
to accelerate. This opportunity spans the resilient beverage can and packaging market and extends to automotive, industrial, and construction
applications. Supported by our performance-driven culture and proven ability to develop and operate low-cost, high-margin manufacturing
assets, we believe we are well positioned to create attractive long-term value through this expansion. As demand for domestically produced,
lower-carbon materials continue to grow, our strategic investments in aluminum will complement our existing steel platf
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.