2022 17 October 2024 Investor Investor Call Presentation Third Quarter 2024 Presentation Health and Safety Health and Safety Entrepreneurial Culture Entrepreneurial Culture Customer Commitment Customer Commitment Financial Strength z z Strategic Growth Strategic Sustainable Growth Innovation Innovation Financial Strength Forward-looking statements and Non-GAAP financial measures Forward-Looking Statements This presentation contains some predictive statements about future events, including statements related ...

Financial Data and Key Metrics Changes - The third quarter 2024 net income was $318 million, or $2.05 per diluted share, with adjusted EBITDA of $557 million [11] - Third quarter 2024 revenue was $4.3 billion, which was lower than the sequential second quarter results due to lower realized flat-rolled steel pricing [11][12] - Operating income for the third quarter was $395 million, a 29% decrease from the sequential second quarter results [11] Business Line Data and Key Metrics Changes - Steel operations generated operating income of $305 million in the third quarter, lower than sequential results due to a decline in average realized pricing [12] - Metals recycling operating income was $12 million, lower than the previous quarter due to lower realized pricing and volume, along with a noncash copper hedging loss of $10 million [13] - Steel fabrication achieved strong operating income of $166 million, although it was lower than the second quarter results due to a 5% decrease in realized pricing [14] Market Data and Key Metrics Changes - The domestic steel industry operated at an estimated production utilization rate of 78%, while the company's steel mills operated at a rate of 86% [23] - The average flat-rolled steel price declined due to contract lags, but prices stabilized and improved during the quarter [24] - Underlying steel demand remains steady, but a surge in steel imports has put pressure on supply dynamics in certain product areas [26] Company Strategy and Development Direction - The company is focused on high-return strategic growth and maintaining a positive dividend profile while preserving investment-grade credit [17] - The construction of aluminum facilities is expected to be EBITDA positive in the second half of 2025, with plans to operate the rolling mill at approximately 75% capacity in 2026 [15][36] - The company is committed to sustainability and has set greenhouse gas emissions intensity targets aligned with the Paris Agreement [19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding steel demand and pricing dynamics as they approach 2025, driven by moderating interest rates and increased fixed asset investment [27][41] - The company anticipates that the aluminum growth strategy will leverage core competencies and address the significant deficit in aluminum in North America [30][32] - Management highlighted the importance of a performance-driven culture and diversified business model in driving superior financial metrics [28] Other Important Information - The company generated cash from operations of $760 million in the third quarter and ended the quarter with strong liquidity of $3.1 billion [16] - Capital investments for the fourth quarter of 2024 are expected to be in the range of $500 million to $550 million, with preliminary estimates for 2025 capital investments between $700 million to $800 million [17] - The company has repurchased $970 million of its common stock year-to-date 2024, representing 4.5% of outstanding shares [17] Q&A Session Summary Question: Are there any key personnel additions needed for the aluminum project? - Management stated that the team is well built out with a solid blend of seasoned aluminum professionals and SDI leaders, making talent acquisition easier compared to previous challenges [45][46] Question: Are there any pricing strengths in steel fabrication? - Management indicated that while normal seasonality is expected in the fourth quarter, they foresee opportunities for price appreciation in 2025 due to increased demand from public funding [48] Question: Will the percentage of contractual business change with further ramp-up? - Management expects the contractual relationships to remain in the 70% to 80% range as they grow their new lines [50][51] Question: What is the path to optimal utilization at Sinton? - Management highlighted the importance of reducing unplanned downtime and improving equipment reliability to achieve higher utilization rates [72][74] Question: Will Sinton be EBITDA positive in the fourth quarter? - Management confirmed that Sinton was not EBITDA positive in the third quarter but expects it to be in the fourth quarter and next year [86]

Exhibit 99.1 Press Release October 16, 2024 7575 W. Jefferson Blvd. Fort Wayne, IN 46804 Steel Dynamics Reports Third Quarter 2024 Results FORT WAYNE, INDIANA, October 16, 2024 / PRNewswire / Third Quarter 2024 Performance Highlights: § Steel shipments of 3.2 million tons § Net sales of $4.3 billion, operating income of $395 million, net income of $318 million, and adjusted EBITDA of $557 million § Cash flow from operations of $760 million § Strong liquidity of $3.1 billion, as of September 30, 2024 § Share ...

Steel Dynamics (STLD) reported $4.34 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 5.4%. EPS of $2.05 for the same period compares to $3.47 a year ago.The reported revenue represents a surprise of +2.12% over the Zacks Consensus Estimate of $4.25 billion. With the consensus EPS estimate being $1.98, the EPS surprise was +3.54%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Steel Dynamics (STLD) came out with quarterly earnings of $2.05 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $3.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.54%. A quarter ago, it was expected that this steel producer and metals recycler would post earnings of $2.67 per share when it actually produced earnings of $2.72, delivering a surprise of 1.87%.Over the last fou ...

Financial Performance - Steel shipments for Q3 2024 were 3.2 million tons, with net sales of $4.3 billion, operating income of $395 million, and net income of $318 million [1] - Adjusted EBITDA for Q3 2024 was $557 million, with cash flow from operations of $760 million [1] - The company repurchased $310 million of its common stock, representing 1.6% of outstanding shares [1] - Net income for the first nine months of 2024 was $1.3 billion, a decline from $2.0 billion in the same period in 2023 [3] - Operating income for the first nine months of 2024 decreased by 35% to $1.7 billion compared to the same period in 2023 [3] Operational Highlights - The Sinton Texas Flat Roll Steel Mill operated at 72% of its capability in September 2024, excluding scheduled downtime [2] - Steel fabrication operations achieved operating income of $166 million in Q3 2024, with steady demand and a 5% softening in average realized pricing [2] - The company's metals recycling operations saw a decline in operating income to $12 million in Q3 2024 due to softer demand and a $10 million unrealized copper hedging loss [2] - The company's steel operations realized a slight improvement in metal spread as scrap pricing declined more than average realized pricing [1] Market and Demand Outlook - Underlying steel demand remained stable in Q3 2024, with flat rolled steel prices stabilizing and improving later in the quarter [1] - The company expects steel pricing to recover in 2025 due to anticipated lower domestic interest rates, onshoring of manufacturing, and infrastructure investments [4] - The company's new value-added flat rolled steel coating lines are expected to contribute to earnings in 2025, with higher-margin products already representing over 65% of steel revenues [4] - The aluminum flat rolled products mill is expected to begin operations in mid-2025, targeting the sustainable beverage can and packaging industry, as well as automotive, industrial, and construction sectors [4] Capital Allocation and Investments - The company invested $621 million in internal growth initiatives in Q3 2024 and distributed $381 million to shareholders through dividends and share repurchases [1] - For the first nine months of 2024, the company invested $1.4 billion in capital investments and repurchased $917 million of its common stock, representing 4.5% of outstanding shares [3] - The company maintains strong liquidity of $3.1 billion as of September 30, 2024 [1] Segment Performance - Steel operations generated $305 million in operating income in Q3 2024, with average external product selling prices decreasing by $79 per ton sequentially to $1,059 per ton [2] - Steel fabrication operations achieved $166 million in operating income in Q3 2024, with steady demand and a 5% softening in average realized pricing [2] - Metals recycling operations saw a decline in operating income to $12 million in Q3 2024 due to softer demand and a $10 million unrealized copper hedging loss [2]

Steel Dynamics, Inc. (STLD) is set to release third-quarter 2024 results after the closing bell on Oct. 16.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Steel Dynamics’ earnings beat the Zacks Consensus Estimate in two of the last four quarters while missed twice. It has a trailing four-quarter earnings surprise of roughly 1.1%, on average. The company posted an earnings surprise of around 1.9% in the last reported quarter. Its third-quarter results are likely to have been impacte ...

Analysts on Wall Street project that Steel Dynamics (STLD) will announce quarterly earnings of $1.98 per share in its forthcoming report, representing a decline of 42.9% year over year. Revenues are projected to reach $4.25 billion, declining 7.4% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 15.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estima ...

Steel Dynamics (STLD) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 16, 2024, might help the stock move higher if these key numbers are better t ...

In the latest market close, Steel Dynamics (STLD) reached $128.22, with a +0.53% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.9% for the day. Elsewhere, the Dow saw an upswing of 0.81%, while the tech-heavy Nasdaq appreciated by 1.22%.Heading into today, shares of the steel producer and metals recycler had gained 14.57% over the past month, outpacing the Basic Materials sector's gain of 7.23% and the S&P 500's gain of 3.15% in that time.Investors w ...