Steel Dynamics STLD Metals Recycling Operations — Cost of Goods Sold

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Questions, answered.

What is Steel Dynamics's metals recycling operations — cost of goods sold?

Steel Dynamics (STLD) reported metals recycling operations — cost of goods sold of $1.05B in Q1 2026.

How has Steel Dynamics's metals recycling operations — cost of goods sold changed year-over-year?

Steel Dynamics's metals recycling operations — cost of goods sold increased by 3.0% year-over-year, from $1.02B to $1.05B.

What is the long-term trend for Steel Dynamics's metals recycling operations — cost of goods sold?

Over 3 years (2022 to 2025), Steel Dynamics's metals recycling operations — cost of goods sold has grown at a 1.3% compound annual growth rate (CAGR), from $3.99B to $4.14B.

What does metals recycling operations — cost of goods sold mean?

The direct costs attributable to the production and processing of recycled metal materials, including raw scrap procurement, labor, and facility overhead. This metric is essential for calculating the gross margin of the recycling segment. It captures the efficiency of the supply chain and the impact of commodity price fluctuations on input costs.