Steel Dynamics, Inc. (STLD) Q4 2022 Earnings Call Transcript

Steel Dynamics, Inc. (NASDAQ:STLD) Q4 2022 Results Conference Call January 26, 2023 10:00 AM ET

Company Participants

David Lipschitz - Director of Investor Relations

Mark Millett - President and Chief Executive Officer

Theresa Wagler - Executive Vice President and Chief Financial Officer

Conference Call Participants

Emily Chieng - Goldman Sachs

Carlos De Alba - Morgan Stanley

Timna Tanners - Wolfe Research

Curtis Woodworth - Credit Suisse AG

Tristan Gresser - BNP Paribas Exane

Andreas Bokkenheuser - UBS Investment Bank

Lawson Winder - BofA Securities

John Tumazos - John Tumazos Very Independent Research

Operator

Good day and welcome to the Steel Dynamics Fourth Quarter and Full-year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management’s remarks, we will conduct a question and answer session and instructions will follow at that time. Please be advised this call is being recorded today, January 26, 2023, and your participation implies consent to our recording this call. If you do not agree to these terms, please disconnect.

At this time, I would like to turn the conference over to David Lipschitz, Director, Investor Relations. Please go ahead.

David Lipschitz

Thank you, Jenny. Good morning, and welcome to Steel Dynamics Fourth Quarter and Full-year 2022 Earnings Conference Call. As a reminder, today’s call is being recorded and will be available on our website for replay later today.

Leading today’s call are Mark Millett, Chairman, President and Chief Executive Officer of Steel Dynamics; and Theresa Wagler, Executive Vice President and Chief Financial Officer. The other members of our senior leadership team are joining us on the call individually.

Some of today’s statements, which speak only as of this date, may be forward-looking and predictive, typically preceded by believe, expect, anticipate or words of similar meaning. They are intended to be protected by the Private Securities Litigation Reform Act of 1995 and should actual results turn out differently. Such statements involve risks and uncertainties related to integrating or starting up new assets, the aluminum industry, the use of estimates assumptions in connection with anticipated project returns and our steel, metals recycling and fabrication businesses as well as to general business and economic conditions. Examples of these are described in the related press release as well as in our annual filed SEC Form 10-K under the headings Forward-looking Statements and Risk Factors, found on the Internet at www.sec.gov, and is applicable, in any later SEC Form 10-Q.