Steel Dynamics, Inc.

Good day and welcome to the Steel Dynamics first quarter 2021 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 that this call is being recorded today, April 20th, 2021, 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 Trisha Myers, Investor Relations Manager. Please go ahead.

Thank you, Daryl. Good morning, and welcome to Steel Dynamics' first quarter 2021 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, President 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 the call individually as we are all following appropriate social distancing guidelines. 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 fabrication businesses, as well as to our 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 referenced 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 2021 Results. And now I'm pleased to turn the call over to Mark.

Thank you, Tricia. Good morning, everybody. Welcome to our first quarter. I'll start again. Good morning, everybody. I had you folks on mute. But welcome to our first quarter 21 earnings call. We certainly appreciate you joining us today. I believe the entire Steel Dynamics team delivered a tremendous first quarter performance. It was filled with operating and financial records, including record net sales, operating income, and adjusted EBITDA. It was an extraordinary performance yet again, driven by the dedication and passion of our teams. I'm incredibly proud to work with each of them. They're a special group, accomplishing exceptional things. Due to the continued commitment of our teams to one another, our families, and our customers, we continue to operate safely amidst COVID-19. Operations have continued essentially unabated. We continue to closely monitor the situation and adapt as necessary to ensure our team's health. The health and welfare of our teams is our highest priority, and I thank each of them for their continued commitment to our safety. Because record results don't matter unless everyone goes home safely at the end of each day. The number of injuries and their severity improved in the first quarter of 21 compared to last year. The teams are focused on reducing hazards and practices that could result in significant injury. Nothing is more important than the health and safety of our people. Safety is, and always will be, our number one value. Our safety performance continues to be significantly better than industry statistics, but our intent will always be to drive towards zero incident work environments. To achieve this, we must all continuously be aware of our surroundings and our fellow team members, keeping safety top of mind to control safety, both in the traditional sense as it relates to keeping one another in good health. Before I continue further, Teresa will provide insights into our recent performance. So, Teresa.