Steel Dynamics reports record profit as Fort Wayne steelmaker ships more than ever

FORT WAYNE, Ind. (WFFT) – Steel Dynamics reported a first-quarter profit of $403 million.

The Fort Wayne-based company said that was up from $266 million in the fourth quarter of 2025 and from $217 million in the first quarter of 2025.

Record steel shipments and higher steel prices helped drive the results…

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