Steel Dynamics, Inc.

Good day and welcome to the Steel Dynamics first quarter 2020 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, 2020, 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 Tricia Myers, Investor Relations Manager. Please go ahead.

Thank you, Michelle. Good morning and welcome to Steel Dynamics' first quarter 2020 earnings conference call. As a reminder, today's call is being recorded and will be available on your website for replay later today. Sorry, on our website for replay later today. Leading today's call are Mark Millett, President and Chief Executive Officer of Field Dynamics, and Teresa Wadler, Executive Vice President and Chief Financial Officer. The other members of our senior leadership team are joining us on the call individually as we are following appropriate social distancing guidelines. Some of today's statements, which speak only as of this date, may be forelooking 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, 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 annually filed SEC form signed here under the headings Forward Looking Statements and Risk Factors. found on the internet at www.scc.gov, and if applicable in any later SEC Form 10-Q. You will also find any reference non-GAAP financial measures reconciled to the most directly comparable GAAP measures in the press release issued yesterday entitled Geodynamics Reports First Quarter 2020 Results. And now I'm pleased to turn the call over to Mark.

Thank you, Tricia. Good morning, everybody. Welcome to our First Quarter 2020 Earnings Call. We certainly appreciate and value your time in these unprecedented circumstances. Steelmaking is designated a critical infrastructure industry by the US Department of Homeland Security, deemed essential to the nation's defense, infrastructure, transportation, and overall economy. As such, all our operations have been operating. Protecting the health and wellbeing of our teams is our most critical priority. We are closely monitoring the COVID-19 situation and have implemented numerous additional practices throughout the company to protect each of us. I want to thank our more than 8,400 team members for remaining steadfast and passionate. We continue to operate safely with a spirit of excellence. I'm incredibly proud to work alongside each of them during this unparalleled time. We are committed to the health and safety of our people, the families and our communities, all while supporting our suppliers and meeting the needs of our customers. But before I continue, Teresa, will you please provide insights regarding the team's recent incredible performance during the first quarter that should not go understated despite these present environmental issues, along with our strong financial foundation?