Steel Dynamics Relocates Recycled Slab Project Amid State Disputes, Reducing 2Q Earnings -- Company Talk

Dow Jones

06/18

Steel Dynamics is moving its planned second satellite aluminum recycled slab center from Arizona to Columbus, Miss., citing differences with Arizona state officials that risked construction and operations. The decision resulted in a $16 million reduction in 2Q earnings, the company said. Steel Dynamics said its aluminum operations are expected to improve significantly in the second quarter based on increased shipments and higher realized pricing.

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

(END) Dow Jones Newswires

June 17, 2026 16:49 ET (20:49 GMT)

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The decision resulted in a $16 million reduction in 2Q earnings, the company said. Steel Dynamics said its aluminum operations are expected to improve significantly in the second quarter based on increased shipments and higher realized pricing. \n\n\n \n\n\n     This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 17, 2026 16:49 ET (20:49 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}