Steel Dynamics STLD Steel Operations — Cost of Goods Sold

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Questions, answered.

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

Steel Dynamics (STLD) reported steel operations — cost of goods sold of $3.03B in Q1 2026.

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

Steel Dynamics's steel operations — cost of goods sold increased by 5.6% year-over-year, from $2.87B to $3.03B.

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

Over 3 years (2022 to 2025), Steel Dynamics's steel operations — cost of goods sold has grown at a -9.2% compound annual growth rate (CAGR), from $11.79B to $8.83B.

What does steel operations — cost of goods sold mean?

The direct costs attributable to the production of steel products, including raw materials, labor, energy, and manufacturing overhead. This metric is essential for calculating the gross margin of the steel operations segment. It highlights the company's efficiency in managing input costs and production processes.