Steel Dynamics, Inc. (STLD) CEO Mark Millett on Q1 2022 Results - Earnings Call Transcript

Steel Dynamics, Inc. (NASDAQ:STLD) Q1 2022 Earnings Conference Call April 21, 2022 9:00 AM ET

CompanyParticipants

David Lipschitz - Director of Investor Relations

Mark Millett - President & Chief Executive Officer

Theresa Wagler - Executive Vice President & Chief Financial Officer

Conference Call Participants

Emily Chieng - Goldman Sachs

Michael Glick - JPMorgan

David Gagliano - BMO Capital Markets

Seth Rosenfeld - BNP

Timna Tanners - Wolfe Research

Carlos De Alba - Morgan Stanley

Curt Woodworth - Credit Suisse

Alex Hacking - Citi

Operator

Good day and welcome to the Steel Dynamics First Quarter 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, April 21, 2022 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, Holly. Good morning and welcome to Steel Dynamics first quarter 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 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 this 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 should actual results turn out differently. Such statements involve risks and uncertainties related to our steel, metals recycling and our 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 annually filed SEC Form 10-K under the headings Forward-Looking Statements and Risk Factors found on the Internet at www.sec.gov and if applicable, in any later SEC Form 10-Q. You will also find any reference to non-GAAP financial measures reconciled to the most directly comparable GAAP measures in the press release issued yesterday entitled Steel Dynamics Reports Record First Quarter 2022 Results.