Steel dynamics reports record second quarter 2022 results

Fort wayne, ind. , july 20, 2022 /prnewswire/ -- second quarter 2022 performance highlights: record steel shipments of 3.1 million tons record net sales of $6.2 billion record operating income of $1.6 billion and net income of $1.2 billion record steel fabrication operating income of $599 million and record shipments of 218,000 tons record cash flow from operations of $1.0 billion and record adjusted ebitda of $1.7 billion repurchased $517 million of the company's common stock, representing 3.5 percent of its outstanding shares steel dynamics, inc. (nasdaq/gs: stld) today announced second quarter 2022 financial results.
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