Steel Dynamics Q4 Earnings Call Highlights

For the full year, Steel Dynamics reported cash flow from operations of $1.4 billion and adjusted EBITDA of $2.2 billion , while Chairman and CEO Mark Millett emphasized a “challenging market environment” and credited the company’s diversification and “circular manufacturing business model” for its performance.Wagler said fourth-quarter results declined sequentially, driven by lower realized steel pricing and lower volumes. She also noted the quarter benefited by about $15 million from a lower effective tax ...