Steel Dynamics, Inc.

Good day, and welcome to the Steel Dynamics first quarter 2026 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 21st, 2026, 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 Lipchitz, Director, Investor Relations. Please go ahead.

Thank you, Tom. Good morning, and welcome to Steel Dynamics' first quarter 2026 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, Teresa 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, 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 risk and uncertainties related to integrating or starting up new assets, the aluminum industry, the use of estimates and assumptions and connections with anticipated project returns, and our steel, metals recycling, fabrication, and aluminum 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 10-K, under the headings Forward-Looking Statements and Risk Factors, found on the Internet at www.sec.gov. and applicable in any later SEC Form 10-Q. You'll also find any reference non-GAAP financial measures reconciled to the most directly comparable GAAP measures in the press release issued yesterday entitled Steel Dynamics Reports First Quarter 2026 Results. Now, please return the call over to Mark.

Super. Thank you, David. Good morning, everyone. Thanks for sharing your time this morning for our first quarter 26 earnings call. As reported Our teams achieved a very strong first quarter financial and operational performance. Several highlights for the quarter included record quarterly steel shipments of 3.6 million tons. We saw significant progress within our aluminum operations. It really is exciting to see our vision come into life there. We had adjusted EBITDA of 700 million. And again, most importantly, our teams continue to emphasize and keep safety top of mind. We have an amazing group of people that achieves best in class performance each and every day. Incredibly proud of the whole team. Our world class safety culture continues to evolve and our team's dedication to our take control of safety philosophy is extraordinary. Out of some 135 SDI locations, 94% operated in the first quarter without one lost time injury. I'm continually inspired by the commitment they have for one another. They consider themselves family and challenge the status quo each day. But as always, we will never be satisfied until we achieve a zero incident environment. But before I continue, I'd like to shift to Theresa and Barry for their commentary. Theresa.