CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and equivalents	$ 1,604,943	$ 1,628,417
Short-term investments	714,769	628,215
Accounts receivable, net	2,072,619	1,976,282
Accounts receivable-related parties	54,355	79,769
Inventories	2,988,852	3,129,964
Other current assets	127,022	195,371
Total current assets	7,562,560	7,638,018
Property, plant and equipment, net	5,491,201	5,373,665
Intangible assets, net	260,629	267,507
Goodwill	502,067	502,067
Other assets	403,303	378,727
Total assets	14,219,760	14,159,984
Current liabilities
Accounts payable	1,126,795	1,007,304
Accounts payable-related parties	12,171	9,934
Income taxes payable	129,082	6,520
Accrued payroll and benefits	209,522	610,558
Accrued expenses	296,524	340,646
Current maturities of long-term debt	46,452	57,334
Total current liabilities	1,820,546	2,032,296
Long-term debt	3,014,358	3,013,241
Deferred income taxes	898,112	889,103
Other liabilities	180,321	129,539
Total liabilities	5,913,337	6,064,179
Commitments and contingencies
Redeemable noncontrolling interests	186,205	181,503
Equity
Common stock voting, $0.0025 par value; 900,000,000 shares authorized; 267,772,737 and 267,762,488 shares issued; and 170,170,375 and 172,936,163 shares outstanding, as of March 31, 2023 and December 31, 2022, respectively	650	650
Treasury stock, at cost; 97,602,362 and 94,826,325 shares, as of March 31, 2023 and December 31, 2022, respectively	(4,800,513)	(4,459,513)
Additional paid-in capital	1,194,079	1,212,566
Retained earnings	11,940,621	11,375,765
Accumulated other comprehensive income (loss)	1,800	889
Total Steel Dynamics, Inc. equity	8,336,637	8,130,357
Noncontrolling interests	(216,419)	(216,055)
Total equity	8,120,218	7,914,302
Total liabilities and equity	$ 14,219,760	$ 14,159,984