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U.S. steelmaker Steel Dynamics announced on April 21 that it had increased aluminum production, despite temporary interruptions caused by start-up issues during the first quarter of the year. DX52D+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , The Indiana-based company has invested in aluminum flat-rolled products, manufacturing and supplying finished sheet and plate for the industrial and beverage can markets, as well as hot-rolled strip for the automotive industry. While U.S. tariffs—including a 50% levy on steel and aluminum imports—have bolstered the domestic steel industry, they have also placed pressure on the U.S. aluminum market. Furthermore, tensions between the U.S. and Iran are expected to further exacerbate pressure on the domestic aluminum sector.
Mark Millett, the company's CEO and President, stated that the company resolved staining issues affecting its aluminum products during the first quarter. These issues had caused earnings in the metals division to fall short of expectations. DX52D+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Operating costs rose significantly in January as the team encountered typical start-up challenges, forcing the company to temporarily halt production and write down some inventory. The CFO noted that the problem was quickly resolved; operations are now running smoothly, and production volumes have begun to recover.
Steel Dynamics reported finished aluminum sheet and plate shipments of 22,500 metric tons for the first quarter of 2026, a 54.1% increase from the 14,600 metric tons shipped in the fourth quarter of 2025. Barring unexpected disruptions, the company projects production for the second quarter to range between 60,000 and 70,000 metric tons. The company's hot rolling line is fully operational, and the last of its four preheat furnaces is expected to come online by the end of the second quarter.
Steel Dynamics achieved record steel shipments of 3.6 million metric tons in the first quarter, marking a 4.5% increase compared to the first quarter of 2025. DX52D+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Barry Schneider, President and Chief Operating Officer, stated that the company's steel mills operated at 89% capacity utilization, compared to a domestic industry average of 77%. Net income attributable to Steel Dynamics for the first quarter of 2026 was $403 million, an 85% increase from the $217 million recorded in the same period last year.