CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and equivalents	$ 1,039,421	$ 1,400,887
Short-term investments	653,255	721,210
Inventories	3,027,143	2,894,632
Other current assets	138,557	162,790
Total current assets	6,597,436	6,787,826
Property, plant and equipment, net	7,063,990	6,734,218
Intangible assets, net	250,095	257,759
Goodwill	477,471	477,471
Other assets	637,758	651,146
Total assets	15,026,750	14,908,420
Current liabilities
Income taxes payable	150,103	5,524
Accrued payroll and benefits	209,782	469,143
Accrued expenses	329,490	309,312
Current maturities of long-term debt	425,696	459,987
Total current liabilities	2,298,664	2,332,296
Long-term debt	2,612,246	2,611,069
Deferred income taxes	923,745	944,768
Other liabilities	144,336	180,760
Total liabilities	5,978,991	6,068,893
Commitments and contingencies
Redeemable noncontrolling interests	171,212	171,212
Equity
Common stock voting, $0.0025 par value; 900,000,000 shares authorized; 268,142,204 and 268,112,991 shares issued; and 157,878,760 and 160,018,100 shares outstanding, as of March 31, 2024 and December 31, 2023, respectively	651	651
Treasury stock, at cost; 110,263,444 and 108,094,891 shares, as of March 31, 2024 and December 31, 2023, respectively	(6,182,274)	(5,897,606)
Additional paid-in capital	1,197,176	1,217,610
Retained earnings	14,056,868	13,545,590
Accumulated other comprehensive income (loss)	(13)	421
Total Steel Dynamics, Inc. equity	9,072,408	8,866,666
Noncontrolling interests	(195,861)	(198,351)
Total equity	8,876,547	8,668,315
Total liabilities and equity	15,026,750	14,908,420
Unrelated parties
Current assets
Accounts receivable, net	1,665,424	1,535,062
Current liabilities
Accounts payable	1,174,060	1,078,645
Related Parties
Current assets
Accounts receivable, net	73,636	73,245
Current liabilities
Accounts payable	$ 9,533	$ 9,685