Steel Dynamics Metals Recycling Operations — Cost of Goods Sold increased by 12.8% to $1.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $1.02B to $1.05B. Over 3 years (FY 2022 to FY 2025), Metals Recycling Operations — Cost of Goods Sold shows relatively stable performance with a 1.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower costs relative to revenue indicate improved operational efficiency and better margin management.
The direct costs attributable to the production and processing of recycled metal materials, including raw scrap procurem...
Standard cost of sales metric; peers in the recycling sector track this to monitor commodity price exposure.
stld_segment_metals_recycling_operations_cost_of_goods_and_services_sold| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $996.56M | $996.56M | $996.56M | $996.56M | $992.94M | $992.94M | $992.94M | $992.94M | $993.26M | $1.05B | $992.76M | $906.50M | $1.02B | $1.11B | $1.08B | $932.03M | $1.05B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -0.4% | +0.0% | +0.0% | +0.0% | +0.0% | +6.1% | -5.8% | -8.7% | +12.5% | +9.2% | -3.3% | -13.4% | +12.8% |
| YoY Change | — | — | — | — | -0.4% | -0.4% | -0.4% | -0.4% | +0.0% | +6.1% | -0.0% | -8.7% | +2.7% | +5.7% | +8.4% | +2.8% | +3.0% |