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Steel Dynamics reported 18 point 8 billion dollars in 2023 net sales, down 16 percent from 2022 due to lower prices, but achieved record steel shipments of 12 point 8 million tons and strong 3 point 5 billion dollars operating cash flow. Net income fell 37 percent to 2 point 5 billion dollars, supporting 1 point 7 billion dollars capex on aluminum expansion and 1 point 5 billion dollars share repurchases. Liquidity remains robust at 3 point 5 billion dollars amid diversified operations and sustainability focus, though risks from imports and economic cycles persist.

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