Steel Dynamics (STLD) Raw Materials (2010 - 2026)
Steel Dynamics' Raw Materials was $1.68 billion in Q2 2026, up 17.0% from $1.43 billion a year earlier but down 1.1% from the prior quarter.
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Analysis
Steel Dynamics (STLD) Raw Materials (2010 - 2026) Analysis & Trends
At the end of FY2025, Raw Materials at Steel Dynamics came in at $1.74 billion, up 31.6% from FY2024.
- Raw Materials shows a five-year compound annual growth rate of 17.1% (FY2020 to FY2025).
- In earlier years, Raw Materials was $1.32 billion in FY2024 (+8.0%), $1.23 billion in FY2023 (-23.8%), $1.61 billion in FY2022 (-14.0%) and $1.87 billion in FY2021 (+136.6%).
- Quarterly Raw Materials has moved between $1.23 billion (Q4 2023) and $1.95 billion (Q2 2022) over five years.
- Compared with a year earlier, Raw Materials has increased for eight straight quarters, with growth averaging 13.4% over the last eight quarters.
- The best year-over-year quarter for Raw Materials over five years was Q4 2021 (growth of 136.6%); the worst was Q3 2023 (a decline of 28.3%).
- Per Business Quant data, STLD's Raw Materials in the three quarters before Q2 2026 was $1.7 billion (Q1 2026), $1.74 billion (Q4 2025) and $1.43 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - |
| 10 | Steel Dynamics | 33.09 Bn | 29.96 Bn | 958.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.68 Bn |
| Mar 31, 2026 | 1.70 Bn |
| Dec 31, 2025 | 1.74 Bn |
| Sep 30, 2025 | 1.43 Bn |
| Jun 30, 2025 | 1.43 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Sep 30, 2024 | 1.33 Bn |
| Jun 30, 2024 | 1.34 Bn |
| Mar 31, 2024 | 1.28 Bn |
| Dec 31, 2023 | 1.23 Bn |
| Sep 30, 2023 | 1.29 Bn |
| Jun 30, 2023 | 1.42 Bn |
| Mar 31, 2023 | 1.40 Bn |
| Dec 31, 2022 | 1.61 Bn |
| Sep 30, 2022 | 1.80 Bn |
| Jun 30, 2022 | 1.95 Bn |
| Mar 31, 2022 | 1.87 Bn |
| Dec 31, 2021 | 1.87 Bn |
| Sep 30, 2021 | 1.48 Bn |
API Access
Steel Dynamics Raw Materials API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=raw-materials&ticker=STLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "ticker": "STLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=raw-materials&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();