Steel Dynamics Reports Fourth Quarter and Annual 2020 Results News provided by Share this article Annual 2020 Performance Highlights: Net sales of $9.6 billion Operating income of $847 million and net income of $551 million, representing the company's fourth best year Cash flow from operations of $987 million and adjusted EBITDA of $1.2 billion Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced fourth quarter and annual 2020 financial results. The company reported fourth quarter 2020 net sales of $2.6 billion and net income of $188 million, or $0.89 per diluted share. Excluding the impact from the following items, the company's fourth quarter adjusted net income was $205 million, or $0.97 per diluted share: Additional financing costs of $11 million, or $0.04 per diluted share, related to the company's October 2020 refinancing activities,