)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
Steel Dynamics (STLD) investor relations material
Steel Dynamics Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary22 Jul, 2025
Executive summary
Achieved strong Q2 2025 financial results with net income of $299M, revenue of $4.6B, and record safety metrics, up 38–39% sequentially but down year-over-year.
Shipped first commercial quality aluminum flat rolled coils, marking strategic product expansion and entry into new markets.
Repurchased $200M in shares (1.1% of outstanding) and increased quarterly dividend by 9% to $0.50 per share.
Awarded Volkswagen Global Group Award for Sustainability and achieved record low TRIR and LTIR.
Year-to-date net income was $516M on $8.9B sales, down from $1.0B on $9.3B sales in the prior year period.
Financial highlights
Q2 2025 net income was $299M ($2.01 per diluted share); adjusted EBITDA was $533M; revenue reached $4.6B.
Operating income was $383M, up 39% sequentially but down from $559M year-over-year.
Steel operations operating income was $382M, up 65–66% sequentially; impacted by $32M noncash asset write-off.
Metal recycling operating income was $21M, down sequentially and year-over-year despite record shipments.
Steel fabrication operating income was $93M, down sequentially and year-over-year as pricing declined and substrate costs rose.
Outlook and guidance
Aluminum operations projected to reach EBITDA positive before end of 2025; Q3 loss estimated at $40M, improving to $15–20M in Q4.
Sinton and steel fabrication expected to accelerate profitability in H2 2025; aluminum and biocarbon projects ramping up.
Capital investments for H2 2025 expected at $400M, mainly for aluminum and biocarbon projects.
Anticipate higher steel and fabrication volumes and improved product mix to drive sequential profit growth in Q3 and Q4.
Order backlog in steel fabrication up 15% YTD, extending into 2026, with expectations for sequential profitability improvement.
What is the expected aluminum utilization rate for 2025?
How did Sinton's oxygen supplier impact Q2 volume?
What sectors are driving steel fabrication demand?
Detail Sinton's path to $500M annualized EBITDA.
Assess aluminum market environment vs base case.
Quantify Sinton's Q2 oxygen supply impact.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Steel Dynamics earnings date
Q3 202521 Oct, 2025
Next Steel Dynamics earnings date
Q3 202521 Oct, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
)
Edge19 Sep 2025
American Express: An Empire of Plastic
How history, brand, and structure have steadily built American Express' moat, and why Warren Buffett still calls it a one-of-a-kind business.
Frequently asked questions
Headquartered in Fort Wayne, Indiana, Steel Dynamics, Inc. is the largest American steel producer and metal recycler with strategic geographic locations throughout the United States. The Company recycles ferrous and non-ferrous metal-bearing commodities that include scrap metal, plate, tin plate, corrugated and alloy sheet metal products and other materials. Steel Dynamics primarily serves automotive, furniture, appliance and building construction manufacturing industries.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage