🟢 New in Current Filing Pandemics, epidemics, widespread illness or other health issues may adversely affect our business, results of operations, financial condition, cash flows, liquidity, and stock price. 🔒

🟢 New in Current Filing Volatility and major fluctuations in prices and availability of scrap metal, scrap substitutes and supplies, and our potential inability to pass higher costs on to our customers, may constrain operating levels and reduce profit margins. 🔒

🟢 New in Current Filing Governmental agencies may refuse to grant or renew some of our licenses and permits required to operate our businesses. 🔒

🟢 New in Current Filing Impairment charges may adversely affect our results of operations. 🔒

🟢 New in Current Filing Steel Fabrication Operations Segment 🔒

🟢 New in Current Filing Variable Rate 🔒

🟢 New in Current Filing Balances at December 31, 2022 🔒

🟢 New in Current Filing Principles of Consolidation 🔒

🟢 New in Current Filing Credit Losses 🔒

🟢 New in Current Filing (Denominator) 🔒

🟢 New in Current Filing Derivative Financial Instruments 🔒

🟢 New in Current Filing Recently Issued Accounting Pronouncements 🔒

🟢 New in Current Filing Investments in Unconsolidated Affiliates 🔒

🟢 New in Current Filing Other Obligations 🔒

🟢 New in Current Filing Outstanding Debt Maturities 🔒

🟢 New in Current Filing Treasury Stock 🔒

🟢 New in Current Filing Long-Term Incentive Compensation Program (LTIP) 🔒

🔴 No Match in Current Filing Our level of production and our sales and earnings are subject to significant fluctuations as a result of the cyclical nature of the steel industry and some of the industries we serve. 🔒

🔴 No Match in Current Filing The cost and availability of electricity, natural gas, oil and other energy resources are subject to volatile market conditions. 🔒

🔴 No Match in Current Filing Unexpected equipment downtime or shutdowns may adversely affect our business, financial condition, results of operations and cash flows. 🔒

🔴 No Match in Current Filing Variable Rate 🔒

🔴 No Match in Current Filing (in thousands, except share data) 🔒

🔴 No Match in Current Filing December 31, 🔒

🔴 No Match in Current Filing Total liabilities 🔒

🔴 No Match in Current Filing Commitments and contingencies 🔒

🔴 No Match in Current Filing Balances at January 1, 2020 🔒

🔴 No Match in Current Filing Revenue from Contracts with Customers 🔒

🔴 No Match in Current Filing Note 1. Description of the Business and Summary of Significant Accounting Policies (Continued) 🔒

🔴 No Match in Current Filing Equity-Based Compensation 🔒

🔴 No Match in Current Filing (Denominator) 🔒

🔴 No Match in Current Filing Business Combinations 🔒

🔴 No Match in Current Filing Note 3. Long-Term Debt 🔒

🔴 No Match in Current Filing Other Obligations 🔒

🔴 No Match in Current Filing Outstanding Debt Maturities 🔒

🔴 No Match in Current Filing Financing Activity 🔒

🔴 No Match in Current Filing Compensation 🔒

🔴 No Match in Current Filing Note 6. Equity-Based Incentive Plans (Continued) 🔒

🟡 Modified Liquidity and Capital Resources 🔒

🟡 Modified Steel Fabrication Operations Segment 🔒

🟡 Modified Net income attributable to Steel Dynamics, Inc. 🔒

🟡 Modified Other comprehensive income (loss) - net unrealized gain (loss) on cash flow 🔒

🟡 Modified Aluminum Operations Segment 🔒

🟡 Modified Metals Recycling Operations Segment 🔒

🟡 Modified We may face risks associated with the implementation of our growth strategy. 🔒

🟡 Modified Note 4. Income Taxes (Continued) 🔒

🟡 Modified Senior Credit Facility due 2028 🔒

🟡 Modified For the Year Ended December 31, 2022 🔒

🟡 Modified We are subject to cybersecurity threats and may face risks to the security of our sensitive data and information technology which may adversely affect our business, results of operations, financial condition and cash flows. 🔒

🟡 Modified Compensation 🔒

🟡 Modified Steel Operations Segment 🔒

🟡 Modified Cash Dividends 🔒

🟡 Modified Senior Unsecured Notes 🔒

🟡 Modified Aluminum Dynamics 🔒

🟡 Modified Award Issued/Issuable 🔒

🟡 Modified Unexpected equipment downtime or shutdowns may adversely affect our business, financial condition, results of operations and cash flows. 🔒

🟡 Modified Consolidated Results 2023 vs. 2022 🔒

🟡 Modified Balances at January 1, 2021 🔒

🟡 Modified Opinion on Internal Control Over Financial Reporting 🔒

🟡 Modified Our level of production and our sales and earnings are subject to significant fluctuations as a result of the cyclical nature of the steel industry and some of the industries we serve. 🔒

🟡 Modified The cost and availability of electricity, natural gas, oil and other energy resources are subject to volatile market conditions. 🔒

🟡 Modified Amortization 🔒

🟡 Modified Equity-Based Compensation 🔒

🟡 Modified Short-Term Investments 🔒

🟡 Modified Note 4. Income Taxes (Continued) 🔒

🟡 Modified Note 3. Long-Term Debt (Continued) 🔒

🟡 Modified Metric Tons 🔒

🟡 Modified For the Year Ended December 31, 2021 🔒

🟡 Modified Note 4. Income Taxes 🔒

🟡 Modified when dilutive 🔒

🟡 Modified Investing activities: 🔒

🟡 Modified Inc. stockholders 🔒

🟡 Modified Aluminum Operations Segment 🔒

🟡 Modified Comprehensive income attributable to Steel Dynamics, Inc. 🔒

🟡 Modified Income before income taxes 🔒

🟡 Modified Comprehensive income 🔒

🟡 Modified Operating Statement Classifications 🔒

🟡 Modified Property, Plant and Equipment 🔒

🟡 Modified Supplemental disclosure information: 🔒

🟡 Modified Financing activities: 🔒

🟡 Modified Years Ended December 31, 🔒

🟡 Modified Segment Results 2023 vs. 2022 🔒

🟡 Modified Inventories 🔒

🟡 Modified Note 3. Long-Term Debt 🔒

🟡 Modified 2023 Equity Incentive Plan 🔒

🟡 Modified Total net sales 🔒

🟡 Modified Note 6. Equity-Based Incentive Plans (Continued) 🔒

🟡 Modified Dividends declared per share 🔒

🟡 Modified Balances at December 31, 2023 🔒

🟡 Modified Revenue from Contracts with Customers 🔒

🟡 Modified (Denominator) 🔒

🟡 Modified Description of the Business 🔒

🟡 Modified Metals Recycling Operations Segment 🔒

🟡 Modified Intangible assets, net 🔒

🟡 Modified Basis for Opinion 🔒

🟡 Modified Years Ended December 31, 🔒

🟡 Modified Steel Fabrication Operations Segment 🔒

🟡 Modified Years Ended December 31, 🔒

🟡 Modified Total liabilities and equity 🔒

🟡 Modified Operating activities: 🔒

🟡 Modified For the Year Ended December 31, 2023 🔒

🟡 Modified Risk Management and Strategy 🔒

🟡 Modified Operating income 🔒

🟡 Modified Impairment of Long-Lived Tangible and Definite-Lived Intangible Assets 🔒

🟡 Modified Segment Results 2023 vs. 2022 🔒

🟡 Modified Gross profit 🔒

🟡 Modified Note 1. Description of the Business and Summary of Significant Accounting Policies (Continued) 🔒

🟡 Modified Valuation of Goodwill 🔒

🟡 Modified Segment Results 2023 vs. 2022 🔒

🟡 Modified Current liabilities 🔒

🟡 Modified Current assets 🔒

🟡 Modified Note 1. Description of the Business and Summary of Significant Accounting Policies (Continued) 🔒

🟡 Modified Redeemable noncontrolling interests 🔒

🟡 Modified Years Ended December 31, 🔒

🟡 Modified Business Combinations 🔒

🟡 Modified United Steel Supply 🔒

🟡 Modified We may face significant price and other forms of competition from other steel and aluminum producers, scrap processors and alternative materials, which may adversely affect our business, financial condition, results of operations and cash flows. 🔒

🟡 Modified Maximum Dollar Value of Shares That May Yet be Purchased Under the Program (in thousands) (1) 🔒

🟡 Modified Earnings Per Share 🔒

🟡 Modified 2023 Overview 🔒