Steel dynamics reports record second quarter 2021 results

Fort wayne, ind., july 19, 2021 /prnewswire/ -- second quarter 2021 highlights: record steel and fabrication shipments of 2.9 million tons and 189,000 tons, respectively record net sales of $4.5 billion record operating income of $956 million and record net income of $702 million record cash flow from operations of $587 million and record adjusted ebitda of over $1.0 billion share repurchases of $393 million of the company's common stock, representing 3% of its outstanding shares announced new $1.0 billion share repurchase authorization announced greenhouse gas and renewable energy goals, including steel mill carbon neutrality by 2050 steel dynamics, inc. (nasdaq/gs: stld) today announced second quarter 2021 financial results.
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