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    Market Segment

    April 22, 2025

    SDI's Q1 earnings slump on-year, but up sequentially

    Written by Ethan Bernard

    Steel Dynamics Inc.

    First quarter ended March 3120252024% Change
    Net sales$4,369.2$4,694,0 -6.9%
    Net earnings (loss)$217.2$584.0-62.8%
    Per diluted share$1.44$3.67-60.8%
    (in millions of dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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