Steel Dynamics Reports Record First Quarter 2021 Results
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First Quarter 2021 Performance Highlights:
Near-record steel shipments of 2.8 million tons and record steel fabrication shipments of 184,000 tons
Record net sales of $3.5 billion
Record operating income of $594 million and record net income of $431 million
Strong cash flow from operations of $262 million and record adjusted EBITDA of $664 million
Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2021 financial results. The company reported first quarter 2021 net sales of $3.5 billion and net income of $431 million, or $2.03 per diluted share. Excluding the impact from the following item, the company's first quarter 2021 adjusted net income was $445 million, or $2.10 per diluted share.