Q2 2026 Earnings

Steel Products Year-to-Date Utilization

65.0%

The average utilization rates of all operating facilities in the steel mills, steel products and raw materials segments were approximately 88%, 65% and 76%, respectively, in the first six months of 2026, compared with approximately 82%,61% and 73%, respectively, in the first six months of 2025.

Steel Mills Average Scrap and Scrap Substitute Cost per Gross Ton

$422

The average scrap and scrap substitute cost per gross ton used in the second quarter of 2026 was $422, a 5% increase compared to $403 in the second quarter of 2025.

Steel Mills Average Scrap and Scrap Substitute Cost per Net Ton

$377

QUARTERLY SALES PRICES & SCRAP COST STEEL MILLS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Sheet | Bars | Beam* | Plate | Total Steel 2nd Quarter | $1,088 | $1,049 | $1,608 | $1,263 | $1,145 *Beam includes all structural steel AVERAGE SCRAP AND SCRAP SUBSTITUTE COST 2026 | Per Gross Ton Used | Per Net Ton Used 2nd Quarter | $422 | $377

Raw Materials DRI Production

1.1K

SEGMENT RESULTS: RAW MATERIALS RAW MATERIALS $s in millions, tons in thousands Production | Q2 '26 | Q1 '26 | Q2 '25 | Prior Qtr. | Prior Year DRI | 1,098 | 1,063 | 979 | 3% | 12% Scrap Processing | 1,285 | 1,323 | 1,155 | -3% | 11% Total Production(1) | 2,383 | 2,386 | 2,134 | - | 12% (1) Total production excluding scrap brokerage activities.

Raw Materials Scrap Processing Production

1.3K

SEGMENT RESULTS: RAW MATERIALS RAW MATERIALS $s in millions, tons in thousands Production | Q2 '26 | Q1 '26 | Q2 '25 | Prior Qtr. | Prior Year DRI | 1,098 | 1,063 | 979 | 3% | 12% Scrap Processing | 1,285 | 1,323 | 1,155 | -3% | 11% Total Production(1) | 2,383 | 2,386 | 2,134 | - | 12% (1) Total production excluding scrap brokerage activities.

Raw Materials Total Production

2.4K

SEGMENT RESULTS: RAW MATERIALS RAW MATERIALS $s in millions, tons in thousands Production | Q2 '26 | Q1 '26 | Q2 '25 | Prior Qtr. | Prior Year DRI | 1,098 | 1,063 | 979 | 3% | 12% Scrap Processing | 1,285 | 1,323 | 1,155 | -3% | 11% Total Production(1) | 2,383 | 2,386 | 2,134 | - | 12% (1) Total production excluding scrap brokerage activities.

Building Systems Average External Sales Price

$5,993

QUARTERLY SALES PRICE STEEL PRODUCTS STEEL PRODUCTS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Joist & Deck | Fabricated Rebar | Tubular Products | Building Systems | Other Steel Products | Total Steel Products 2nd Quarter | $2,450 | $1,656 | $1,772 | $5,993 | $3,173 | $2,415

External Average Sales Price per Ton

$1,367

Net sales for the second quarter of 2026 increased 23% from the second quarter of 2025. Average sales price per ton increased 10% from $1,240 in the second quarter of 2025 to $1,367 in the second quarter of 2026. Total tons shipped to external customers in the second quarter of 2026 were approximately 7,605,000 tons, a 12% increase from the second quarter of 2025. Net sales for the first six months of 2026 increased 22% from the first six months of 2025. Average sales price per ton increased 11% from $1,193 in the first six months of 2025 to $1,323 in the first six months of 2026. Total tons shipped to external customers in the first six months of 2026 were approximately 15,032,000 tons, a 10% increase from the first six months of 2025.

Fabricated Rebar Average External Sales Price

$1,656

QUARTERLY SALES PRICE STEEL PRODUCTS STEEL PRODUCTS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Joist & Deck | Fabricated Rebar | Tubular Products | Building Systems | Other Steel Products | Total Steel Products 2nd Quarter | $2,450 | $1,656 | $1,772 | $5,993 | $3,173 | $2,415

Joist and Deck Average External Sales Price

$2,450

QUARTERLY SALES PRICE STEEL PRODUCTS STEEL PRODUCTS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Joist & Deck | Fabricated Rebar | Tubular Products | Building Systems | Other Steel Products | Total Steel Products 2nd Quarter | $2,450 | $1,656 | $1,772 | $5,993 | $3,173 | $2,415

Other Steel Products Average External Sales Price

$3,173

QUARTERLY SALES PRICE STEEL PRODUCTS STEEL PRODUCTS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Joist & Deck | Fabricated Rebar | Tubular Products | Building Systems | Other Steel Products | Total Steel Products 2nd Quarter | $2,450 | $1,656 | $1,772 | $5,993 | $3,173 | $2,415

Steel Mills Bars Average External Sales Price

$1,049

QUARTERLY SALES PRICES & SCRAP COST STEEL MILLS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Sheet | Bars | Beam* | Plate | Total Steel 2nd Quarter | $1,088 | $1,049 | $1,608 | $1,263 | $1,145 *Beam includes all structural steel AVERAGE SCRAP AND SCRAP SUBSTITUTE COST 2026 | Per Gross Ton Used | Per Net Ton Used 2nd Quarter | $422 | $377

Steel Mills Beam Average External Sales Price

$1,608

QUARTERLY SALES PRICES & SCRAP COST STEEL MILLS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Sheet | Bars | Beam* | Plate | Total Steel 2nd Quarter | $1,088 | $1,049 | $1,608 | $1,263 | $1,145 *Beam includes all structural steel AVERAGE SCRAP AND SCRAP SUBSTITUTE COST 2026 | Per Gross Ton Used | Per Net Ton Used 2nd Quarter | $422 | $377

Steel Mills External Average Sales Price per Ton

$1,145

In the steel mills segment, sales tons for the second quarter and first six months of 2026 and 2025 were as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Outside steel shipments 5,659 5,044 12% 11,278 10,270 10% Inside steel shipments 1,441 1,430 1% 2,868 2,667 8% Total steel shipments 7,100 6,474 10% 14,146 12,937 9% Net sales for the steel mills segment increased 23% in the second quarter of 2026 from the second quarter of 2025, due to a 12% increase in tons shipped to external customers and a 10% increase in the average sales price per ton, from $1,041 to $1,145 in the second quarter of 2025 and 2026, respectively. Net sales for the steel mills segment increased 23% in the first six months of 2026 from the first six months of 2025, due to a 10% increase in tons shipped to external customers and a 12% increase in average sales price per ton from $989 to $1,110 in the first six months of 2025 and 2026, respectively.

Steel Mills Plate Average External Sales Price

$1,263

QUARTERLY SALES PRICES & SCRAP COST STEEL MILLS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Sheet | Bars | Beam* | Plate | Total Steel 2nd Quarter | $1,088 | $1,049 | $1,608 | $1,263 | $1,145 *Beam includes all structural steel AVERAGE SCRAP AND SCRAP SUBSTITUTE COST 2026 | Per Gross Ton Used | Per Net Ton Used 2nd Quarter | $422 | $377

Steel Mills Sheet Average External Sales Price

$1,088

QUARTERLY SALES PRICES & SCRAP COST STEEL MILLS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Sheet | Bars | Beam* | Plate | Total Steel 2nd Quarter | $1,088 | $1,049 | $1,608 | $1,263 | $1,145 *Beam includes all structural steel AVERAGE SCRAP AND SCRAP SUBSTITUTE COST 2026 | Per Gross Ton Used | Per Net Ton Used 2nd Quarter | $422 | $377

Steel Products Average Sales Price per Ton

$2,415

Outside sales tonnage for the steel products segment for the second quarter and first six months of 2026 and 2025 was as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Joist and deck sales 198 217 -9% 383 399 -4% Rebar fabrication sales 344 306 12% 635 553 15% Tubular products sales 338 243 39% 656 513 28% Building systems sales 59 64 -8% 114 112 2% Other steel products sales 346 311 11% 656 612 7% Total steel products sales 1,285 1,141 13% 2,444 2,189 12% Net sales for the steel products segment increased 17% in the second quarter of 2026 from the second quarter of 2025, due to a 13% increase in shipping volumes and a 4% increase in selling prices from $2,331 in the second quarter of 2025 to $2,415 in the second quarter of 2026.

Tubular Products Average External Sales Price

$1,772

QUARTERLY SALES PRICE STEEL PRODUCTS STEEL PRODUCTS AVG EXTERNAL SALES PRICE PER NET TON 2026 | Joist & Deck | Fabricated Rebar | Tubular Products | Building Systems | Other Steel Products | Total Steel Products 2nd Quarter | $2,450 | $1,656 | $1,772 | $5,993 | $3,173 | $2,415

Year-to-Date Injury and Illness Rate

0.71

Q2 2026 OPERATIONAL HIGHLIGHTS SAFETY | 0.71 | YTD Injury & Illness Rate EXTERNAL SHIPMENTS | 7.6mm(1) | +2% vs. Q1 2026 MILL BACKLOGS | 5.6mm(1) | +18% vs. Q1 2026 MILL UTILIZATION | 91% | +500 bps vs. Q1 2026 (1) Based on net tons. External shipments include Steel Mills (~5.66mm), Steel Products (~1.29mm), and Raw Materials (~0.66mm)

Raw Materials Outside Sales as Percentage of Total Sales

20.0%

In the second quarter of 2026, approximately 95% of outside sales for the raw materials segment were from the scrap brokerage operations of DJJ, and approximately 2% of outside sales were from the scrap processing operations of DJJ (approximately 94% and 3%, respectively, in the second quarter of 2025). Net sales for the raw materials segment in the first six months of 2026 increased 40% compared to the first six months of 2025. In the first six months of 2026, approximately 95% of outside sales for the raw materials segment were from the scrap brokerage operations of DJJ, and approximately 3% of outside sales were from the scrap processing operations of DJJ (approximately 94% and 3%, respectively, in the first six months of 2025). The majority of the raw materials segment's total sales are to internal customers in the steel mills segment. Net sales to outside customers represented approximately 20% and 19% of the raw materials segment's total sales in the second quarter and first six months of 2026, respectively (approximately 16% in the second quarter and first six months of 2025).

Raw Materials Scrap Brokerage Share of Outside Sales

95.0%

In the second quarter of 2026, approximately 95% of outside sales for the raw materials segment were from the scrap brokerage operations of DJJ, and approximately 2% of outside sales were from the scrap processing operations of DJJ (approximately 94% and 3%, respectively, in the second quarter of 2025). Net sales for the raw materials segment in the first six months of 2026 increased 40% compared to the first six months of 2025. In the first six months of 2026, approximately 95% of outside sales for the raw materials segment were from the scrap brokerage operations of DJJ, and approximately 3% of outside sales were from the scrap processing operations of DJJ (approximately 94% and 3%, respectively, in the first six months of 2025). The majority of the raw materials segment's total sales are to internal customers in the steel mills segment. Net sales to outside customers represented approximately 20% and 19% of the raw materials segment's total sales in the second quarter and first six months of 2026, respectively (approximately 16% in the second quarter and first six months of 2025).

Raw Materials Scrap Processing Share of Outside Sales

2.0%

In the second quarter of 2026, approximately 95% of outside sales for the raw materials segment were from the scrap brokerage operations of DJJ, and approximately 2% of outside sales were from the scrap processing operations of DJJ (approximately 94% and 3%, respectively, in the second quarter of 2025). Net sales for the raw materials segment in the first six months of 2026 increased 40% compared to the first six months of 2025. In the first six months of 2026, approximately 95% of outside sales for the raw materials segment were from the scrap brokerage operations of DJJ, and approximately 3% of outside sales were from the scrap processing operations of DJJ (approximately 94% and 3%, respectively, in the first six months of 2025). The majority of the raw materials segment's total sales are to internal customers in the steel mills segment. Net sales to outside customers represented approximately 20% and 19% of the raw materials segment's total sales in the second quarter and first six months of 2026, respectively (approximately 16% in the second quarter and first six months of 2025).

Steel Mills Percentage of Sales to Internal Customers

20.0%

Select Financial and Operational Data (Dollars in millions, tons in thousands, per unit amounts as noted) Three Months (13 Weeks) Ended July 4, 2026 | April 4, 2026 | % Change | July 5, 2025 | Year Ago % Change Consolidated Financial & Operational Data External Average Sales Price per Ton | $1,367 | $1,279 | 7% | $1,240 | 10% Sales Tons to External Customers | 7,605 | 7,427 | 2% | 6,820 | 12% Steel Mills Segment Data Total Shipments | 7,100 | 7,046 | 1% | 6,474 | 10% Sales Tons to External Customers | 5,659 | 5,619 | 1% | 5,044 | 12% Percentage of Sales to Internal Customers | 20% | 20% | 22% External Average Sales Price per Ton | $1,145 | $1,074 | 7% | $1,041 | 10% Average Scrap/Scrap Substitute Cost per Gross Ton | $422 | $404 | 4% | $403 | 5% Utilization | 91% | 86% | 85% Steel Products Segment Data Sales Tons to External Customers | 1,285 | 1,159 | 11% | 1,141 | 13% Average Sales Price per Ton | $2,415 | $2,405 | 0% | $2,331 | 4%

Building Systems Sales Tons to Outside Customers

59

Outside sales tonnage for the steel products segment for the second quarter and first six months of 2026 and 2025 was as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Joist and deck sales 198 217 -9% 383 399 -4% Rebar fabrication sales 344 306 12% 635 553 15% Tubular products sales 338 243 39% 656 513 28% Building systems sales 59 64 -8% 114 112 2% Other steel products sales 346 311 11% 656 612 7% Total steel products sales 1,285 1,141 13% 2,444 2,189 12% Net sales for the steel products segment increased 17% in the second quarter of 2026 from the second quarter of 2025, due to a 13% increase in shipping volumes and a 4% increase in selling prices from $2,331 in the second quarter of 2025 to $2,415 in the second quarter of 2026.

Joist and Deck Sales Tons to Outside Customers

198

Outside sales tonnage for the steel products segment for the second quarter and first six months of 2026 and 2025 was as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Joist and deck sales 198 217 -9% 383 399 -4% Rebar fabrication sales 344 306 12% 635 553 15% Tubular products sales 338 243 39% 656 513 28% Building systems sales 59 64 -8% 114 112 2% Other steel products sales 346 311 11% 656 612 7% Total steel products sales 1,285 1,141 13% 2,444 2,189 12% Net sales for the steel products segment increased 17% in the second quarter of 2026 from the second quarter of 2025, due to a 13% increase in shipping volumes and a 4% increase in selling prices from $2,331 in the second quarter of 2025 to $2,415 in the second quarter of 2026.

Other Steel Products Sales Tons to Outside Customers

346

Outside sales tonnage for the steel products segment for the second quarter and first six months of 2026 and 2025 was as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Joist and deck sales 198 217 -9% 383 399 -4% Rebar fabrication sales 344 306 12% 635 553 15% Tubular products sales 338 243 39% 656 513 28% Building systems sales 59 64 -8% 114 112 2% Other steel products sales 346 311 11% 656 612 7% Total steel products sales 1,285 1,141 13% 2,444 2,189 12% Net sales for the steel products segment increased 17% in the second quarter of 2026 from the second quarter of 2025, due to a 13% increase in shipping volumes and a 4% increase in selling prices from $2,331 in the second quarter of 2025 to $2,415 in the second quarter of 2026.

Raw Materials Sales Tons to Outside Customers

661

Tonnage Data (in thousands) Three Months (13 Weeks) Ended July 4, 2026 | April 4, 2026 | % Change | July 5, 2025 | Year Ago % Change Steel mills total shipments: Sheet | 3,291 | 3,394 | -3% | 3,057 | 8% Bars | 2,387 | 2,308 | 3% | 2,148 | 11% Structural | 628 | 649 | -3% | 635 | -1% Plate | 757 | 647 | 17% | 606 | 25% Other | 37 | 48 | -23% | 28 | 32% Total | 7,100 | 7,046 | 1% | 6,474 | 10% Sales tons to outside customers: Steel mills | 5,659 | 5,619 | 1% | 5,044 | 12% Joist and deck | 198 | 185 | 7% | 217 | -9% Rebar fabrication products | 344 | 291 | 18% | 306 | 12% Tubular products | 338 | 318 | 6% | 243 | 39% Building Systems | 59 | 55 | 7% | 64 | -8% Other steel products | 346 | 310 | 12% | 311 | 11% Raw materials | 661 | 649 | 2% | 635 | 4% Total | 7,605 | 7,427 | 2% | 6,820 | 12%

Rebar Fabrication Products Sales Tons to Outside Customers

344

Outside sales tonnage for the steel products segment for the second quarter and first six months of 2026 and 2025 was as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Joist and deck sales 198 217 -9% 383 399 -4% Rebar fabrication sales 344 306 12% 635 553 15% Tubular products sales 338 243 39% 656 513 28% Building systems sales 59 64 -8% 114 112 2% Other steel products sales 346 311 11% 656 612 7% Total steel products sales 1,285 1,141 13% 2,444 2,189 12% Net sales for the steel products segment increased 17% in the second quarter of 2026 from the second quarter of 2025, due to a 13% increase in shipping volumes and a 4% increase in selling prices from $2,331 in the second quarter of 2025 to $2,415 in the second quarter of 2026.

Sales Tons to External Customers

7.6K

Net sales for the second quarter of 2026 increased 23% from the second quarter of 2025. Average sales price per ton increased 10% from $1,240 in the second quarter of 2025 to $1,367 in the second quarter of 2026. Total tons shipped to external customers in the second quarter of 2026 were approximately 7,605,000 tons, a 12% increase from the second quarter of 2025. Net sales for the first six months of 2026 increased 22% from the first six months of 2025. Average sales price per ton increased 11% from $1,193 in the first six months of 2025 to $1,323 in the first six months of 2026. Total tons shipped to external customers in the first six months of 2026 were approximately 15,032,000 tons, a 10% increase from the first six months of 2025.

Steel Mills Bars Shipments

2.4K

Tonnage Data (in thousands) Three Months (13 Weeks) Ended July 4, 2026 | April 4, 2026 | % Change | July 5, 2025 | Year Ago % Change Steel mills total shipments: Sheet | 3,291 | 3,394 | -3% | 3,057 | 8% Bars | 2,387 | 2,308 | 3% | 2,148 | 11% Structural | 628 | 649 | -3% | 635 | -1% Plate | 757 | 647 | 17% | 606 | 25% Other | 37 | 48 | -23% | 28 | 32% Total | 7,100 | 7,046 | 1% | 6,474 | 10% Sales tons to outside customers: Steel mills | 5,659 | 5,619 | 1% | 5,044 | 12% Joist and deck | 198 | 185 | 7% | 217 | -9% Rebar fabrication products | 344 | 291 | 18% | 306 | 12% Tubular products | 338 | 318 | 6% | 243 | 39% Building Systems | 59 | 55 | 7% | 64 | -8% Other steel products | 346 | 310 | 12% | 311 | 11% Raw materials | 661 | 649 | 2% | 635 | 4% Total | 7,605 | 7,427 | 2% | 6,820 | 12%

Steel Mills Inside Shipments

1.4K

In the steel mills segment, sales tons for the second quarter and first six months of 2026 and 2025 were as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Outside steel shipments 5,659 5,044 12% 11,278 10,270 10% Inside steel shipments 1,441 1,430 1% 2,868 2,667 8% Total steel shipments 7,100 6,474 10% 14,146 12,937 9% Net sales for the steel mills segment increased 23% in the second quarter of 2026 from the second quarter of 2025, due to a 12% increase in tons shipped to external customers and a 10% increase in the average sales price per ton, from $1,041 to $1,145 in the second quarter of 2025 and 2026, respectively. Net sales for the steel mills segment increased 23% in the first six months of 2026 from the first six months of 2025, due to a 10% increase in tons shipped to external customers and a 12% increase in average sales price per ton from $989 to $1,110 in the first six months of 2025 and 2026, respectively.

Steel Mills Other Shipments

37

Tonnage Data (in thousands) Three Months (13 Weeks) Ended July 4, 2026 | April 4, 2026 | % Change | July 5, 2025 | Year Ago % Change Steel mills total shipments: Sheet | 3,291 | 3,394 | -3% | 3,057 | 8% Bars | 2,387 | 2,308 | 3% | 2,148 | 11% Structural | 628 | 649 | -3% | 635 | -1% Plate | 757 | 647 | 17% | 606 | 25% Other | 37 | 48 | -23% | 28 | 32% Total | 7,100 | 7,046 | 1% | 6,474 | 10% Sales tons to outside customers: Steel mills | 5,659 | 5,619 | 1% | 5,044 | 12% Joist and deck | 198 | 185 | 7% | 217 | -9% Rebar fabrication products | 344 | 291 | 18% | 306 | 12% Tubular products | 338 | 318 | 6% | 243 | 39% Building Systems | 59 | 55 | 7% | 64 | -8% Other steel products | 346 | 310 | 12% | 311 | 11% Raw materials | 661 | 649 | 2% | 635 | 4% Total | 7,605 | 7,427 | 2% | 6,820 | 12%

Steel Mills Plate Shipments

757

Tonnage Data (in thousands) Three Months (13 Weeks) Ended July 4, 2026 | April 4, 2026 | % Change | July 5, 2025 | Year Ago % Change Steel mills total shipments: Sheet | 3,291 | 3,394 | -3% | 3,057 | 8% Bars | 2,387 | 2,308 | 3% | 2,148 | 11% Structural | 628 | 649 | -3% | 635 | -1% Plate | 757 | 647 | 17% | 606 | 25% Other | 37 | 48 | -23% | 28 | 32% Total | 7,100 | 7,046 | 1% | 6,474 | 10% Sales tons to outside customers: Steel mills | 5,659 | 5,619 | 1% | 5,044 | 12% Joist and deck | 198 | 185 | 7% | 217 | -9% Rebar fabrication products | 344 | 291 | 18% | 306 | 12% Tubular products | 338 | 318 | 6% | 243 | 39% Building Systems | 59 | 55 | 7% | 64 | -8% Other steel products | 346 | 310 | 12% | 311 | 11% Raw materials | 661 | 649 | 2% | 635 | 4% Total | 7,605 | 7,427 | 2% | 6,820 | 12%

Steel Mills Sales Tons to External Customers

5.7K

In the steel mills segment, sales tons for the second quarter and first six months of 2026 and 2025 were as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Outside steel shipments 5,659 5,044 12% 11,278 10,270 10% Inside steel shipments 1,441 1,430 1% 2,868 2,667 8% Total steel shipments 7,100 6,474 10% 14,146 12,937 9% Net sales for the steel mills segment increased 23% in the second quarter of 2026 from the second quarter of 2025, due to a 12% increase in tons shipped to external customers and a 10% increase in the average sales price per ton, from $1,041 to $1,145 in the second quarter of 2025 and 2026, respectively. Net sales for the steel mills segment increased 23% in the first six months of 2026 from the first six months of 2025, due to a 10% increase in tons shipped to external customers and a 12% increase in average sales price per ton from $989 to $1,110 in the first six months of 2025 and 2026, respectively.

Steel Mills Sheet Shipments

3.3K

Tonnage Data (in thousands) Three Months (13 Weeks) Ended July 4, 2026 | April 4, 2026 | % Change | July 5, 2025 | Year Ago % Change Steel mills total shipments: Sheet | 3,291 | 3,394 | -3% | 3,057 | 8% Bars | 2,387 | 2,308 | 3% | 2,148 | 11% Structural | 628 | 649 | -3% | 635 | -1% Plate | 757 | 647 | 17% | 606 | 25% Other | 37 | 48 | -23% | 28 | 32% Total | 7,100 | 7,046 | 1% | 6,474 | 10% Sales tons to outside customers: Steel mills | 5,659 | 5,619 | 1% | 5,044 | 12% Joist and deck | 198 | 185 | 7% | 217 | -9% Rebar fabrication products | 344 | 291 | 18% | 306 | 12% Tubular products | 338 | 318 | 6% | 243 | 39% Building Systems | 59 | 55 | 7% | 64 | -8% Other steel products | 346 | 310 | 12% | 311 | 11% Raw materials | 661 | 649 | 2% | 635 | 4% Total | 7,605 | 7,427 | 2% | 6,820 | 12%

Steel Mills Structural Shipments

628

Tonnage Data (in thousands) Three Months (13 Weeks) Ended July 4, 2026 | April 4, 2026 | % Change | July 5, 2025 | Year Ago % Change Steel mills total shipments: Sheet | 3,291 | 3,394 | -3% | 3,057 | 8% Bars | 2,387 | 2,308 | 3% | 2,148 | 11% Structural | 628 | 649 | -3% | 635 | -1% Plate | 757 | 647 | 17% | 606 | 25% Other | 37 | 48 | -23% | 28 | 32% Total | 7,100 | 7,046 | 1% | 6,474 | 10% Sales tons to outside customers: Steel mills | 5,659 | 5,619 | 1% | 5,044 | 12% Joist and deck | 198 | 185 | 7% | 217 | -9% Rebar fabrication products | 344 | 291 | 18% | 306 | 12% Tubular products | 338 | 318 | 6% | 243 | 39% Building Systems | 59 | 55 | 7% | 64 | -8% Other steel products | 346 | 310 | 12% | 311 | 11% Raw materials | 661 | 649 | 2% | 635 | 4% Total | 7,605 | 7,427 | 2% | 6,820 | 12%

Steel Mills Total Shipments

7.1K

In the steel mills segment, sales tons for the second quarter and first six months of 2026 and 2025 were as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Outside steel shipments 5,659 5,044 12% 11,278 10,270 10% Inside steel shipments 1,441 1,430 1% 2,868 2,667 8% Total steel shipments 7,100 6,474 10% 14,146 12,937 9% Net sales for the steel mills segment increased 23% in the second quarter of 2026 from the second quarter of 2025, due to a 12% increase in tons shipped to external customers and a 10% increase in the average sales price per ton, from $1,041 to $1,145 in the second quarter of 2025 and 2026, respectively. Net sales for the steel mills segment increased 23% in the first six months of 2026 from the first six months of 2025, due to a 10% increase in tons shipped to external customers and a 12% increase in average sales price per ton from $989 to $1,110 in the first six months of 2025 and 2026, respectively.

Steel Products Sales Tons to External Customers

1.3K

Outside sales tonnage for the steel products segment for the second quarter and first six months of 2026 and 2025 was as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Joist and deck sales 198 217 -9% 383 399 -4% Rebar fabrication sales 344 306 12% 635 553 15% Tubular products sales 338 243 39% 656 513 28% Building systems sales 59 64 -8% 114 112 2% Other steel products sales 346 311 11% 656 612 7% Total steel products sales 1,285 1,141 13% 2,444 2,189 12% Net sales for the steel products segment increased 17% in the second quarter of 2026 from the second quarter of 2025, due to a 13% increase in shipping volumes and a 4% increase in selling prices from $2,331 in the second quarter of 2025 to $2,415 in the second quarter of 2026.

Tubular Products Sales Tons to Outside Customers

338

Outside sales tonnage for the steel products segment for the second quarter and first six months of 2026 and 2025 was as follows (in thousands): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 % Change July 4, 2026 July 5, 2025 % Change Joist and deck sales 198 217 -9% 383 399 -4% Rebar fabrication sales 344 306 12% 635 553 15% Tubular products sales 338 243 39% 656 513 28% Building systems sales 59 64 -8% 114 112 2% Other steel products sales 346 311 11% 656 612 7% Total steel products sales 1,285 1,141 13% 2,444 2,189 12% Net sales for the steel products segment increased 17% in the second quarter of 2026 from the second quarter of 2025, due to a 13% increase in shipping volumes and a 4% increase in selling prices from $2,331 in the second quarter of 2025 to $2,415 in the second quarter of 2026.