STLD - Steel Dynamics Inc. (STLD) Q4 2023 Earnings Call Transcript
2024-01-24 15:01:04 ET
Steel Dynamics, Inc. (STLD)
Q4 2023 Results Conference Call
January 24, 2024 11:00 AM ET
Company Participants
David Lipschitz - Director of Investor Relations
Mark Millett - President & Chief Executive Officer
Theresa Wagler - Executive Vice President & Chief Financial Officer
Barry Schneider - President & Chief Operating Officer
Conference Call Participants
Martin Englert - Seaport Research
Tristan Gresser - BNP Paribas
Carlos De Alba - Morgan Stanley
Timna Tanners - Wolfe Research
Curt Woodworth - UBS
Katja Jancic - BMO
Alex Hacking - Citi
Bill Peterson - JPMorgan
John Tumazos - JTVIR
Presentation
Operator
Good day, and welcome to the Steel Dynamics Fourth Quarter and Full Year 2023 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 24, 2024, 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 fourth quarter and full year 2023 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; Theresa Wagler, Executive Vice President and Chief Financial Officer; and Barry Schneider, President and Chief Operating 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 maybe forward-looking and predictive, specifically 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 integrating or starting out new assets in the aluminum industry, the use of estimates and assumptions in connection with anticipated project returns and our steel metal 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 heading 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 also find any referenced non-GAAP financial measures reconciled to the most directly comparable GAAP measures in the press release issued yesterday entitled Steel Dynamics Reports Fourth Quarter and Full Year 2023 Results.
And now, I’m pleased to turn the call over to Mark.
Mark Millett
Thank you, David. Good morning, everyone. Thank you for being with us on our fourth quarter and full year 2023 earnings call. As you saw on our release, our teams achieved a strong annual 2023 financial and operational performance. I think most gratifying was achieving our best safety year with the lowest recordable incident rate ever. I want to applaud and congratulate all the teams because that it was a monumental effort put into get it....
Steel Dynamics, Inc. (STLD) Q4 2023 Earnings Call Transcript