STEEL DYNAMICS INC

Ticker: STLD CUSIP: 858119100 Class: COMMON STOCK

Retirement Systems of Alabama's Holding History (CIK: 0001593051)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 29,204 Value ($000) $4,949 Avg Close $158.36 Range $137.70 - $177.84

Q3 2025

Shares 29,517 Value ($000) $4,116 Avg Close $130.39 Range $119.11 - $140.98

Q2 2025

Shares 29,626 Value ($000) $3,792 Avg Close $126.36 Range $102.11 - $140.95

Q1 2025

Shares 30,425 Value ($000) $3,806 Avg Close $124.96 Range $109.33 - $137.65

Q4 2024

Shares 30,655 Value ($000) $3,497 Avg Close $130.47 Range $111.65 - $152.72

Q3 2024

Shares 31,281 Value ($000) $3,944 Avg Close $118.85 Range $102.31 - $134.27

Q2 2024

Shares 32,581 Value ($000) $4,219 Avg Close $130.12 Range $115.35 - $147.49

Q1 2024

Shares 33,571 Value ($000) $4,976 Avg Close $122.14 Range $106.53 - $144.95

Q4 2023

Shares 33,523 Value ($000) $3,959 Avg Close $107.90 Range $95.11 - $124.46

Q3 2023

Shares 35,206 Value ($000) $3,775 Avg Close $100.40 Range $92.11 - $107.71

Q2 2023

Shares 36,495 Value ($000) $3,975 Avg Close $97.72 Range $86.96 - $110.55

Q1 2023

Shares 49,300 Value ($000) $5,574 Avg Close $111.23 Range $90.76 - $130.54

Q4 2022

Shares 52,620 Value ($000) $5,141 Avg Close $91.75 Range $68.70 - $107.85

Q3 2022

Shares 294,617 Value ($000) $20,903 Avg Close $71.84 Range $59.25 - $84.09

Q2 2022

Shares 303,637 Value ($000) $20,086 Avg Close $75.64 Range $60.78 - $94.76

Q1 2022

Shares 341,370 Value ($000) $28,480 Avg Close $63.45 Range $47.52 - $84.34

Q4 2021

Shares 246,873 Value ($000) $15,323 Avg Close $58.59 Range $52.93 - $64.63

Q3 2021

Shares 525,474 Value ($000) $30,730 Avg Close $59.61 Range $51.19 - $69.35

Q2 2021

Shares 535,811 Value ($000) $31,934 Avg Close $54.47 Range $45.84 - $62.09

Q1 2021

Shares 536,040 Value ($000) $27,209 Avg Close $38.96 Range $31.19 - $48.49

Q4 2020

Shares 260,495 Value ($000) $9,604 Avg Close $31.85 Range $25.96 - $36.89

Q3 2020

Shares 260,910 Value ($000) $7,470 Avg Close $26.10 Range $21.83 - $29.60

Q2 2020

Shares 274,456 Value ($000) $7,161 Avg Close $22.53 Range $18.48 - $27.00

Q1 2020

Shares 280,555 Value ($000) $6,324 Avg Close $24.36 Range $13.32 - $30.61

Q4 2019

Shares 280,555 Value ($000) $9,550 Avg Close $28.20 Range $24.32 - $31.60

Q3 2019

Shares 285,478 Value ($000) $8,507 Avg Close $25.87 Range $22.50 - $28.88

Q2 2019

Shares 600,018 Value ($000) $18,121 Avg Close $26.59 Range $21.75 - $31.41

Q1 2019

Shares 380,033 Value ($000) $13,404 Avg Close $30.67 Range $25.17 - $33.96

Q4 2018

Shares 378,903 Value ($000) $11,382 Avg Close $32.42 Range $24.79 - $39.93

Q3 2018

Shares 384,630 Value ($000) $17,381 Avg Close $39.33 Range $35.70 - $42.45

Q2 2018

Shares 426,723 Value ($000) $19,608 Avg Close $40.25 Range $36.27 - $44.32

Q1 2018

Shares 426,526 Value ($000) $18,861 Avg Close $39.00 Range $34.83 - $42.94

Q4 2017

Shares 427,605 Value ($000) $18,443 Avg Close $32.46 Range $28.33 - $37.17

Q3 2017

Shares 430,716 Value ($000) $14,847 Avg Close $29.48 Range $27.05 - $32.51

Q2 2017

Shares 432,914 Value ($000) $15,503 Avg Close $28.97 Range $26.88 - $31.37

Q1 2017

Shares 583,788 Value ($000) $20,292 Avg Close $29.67 Range $27.09 - $32.02

Q4 2016

Shares 1,021,181 Value ($000) $36,334 Avg Close $26.10 Range $19.35 - $33.31

Q3 2016

Shares 1,020,445 Value ($000) $25,501 Avg Close $21.06 Range $18.79 - $23.10

Q2 2016

Shares 1,076,238 Value ($000) $26,368 Avg Close $20.03 Range $17.68 - $22.12

Q1 2016

Shares 1,075,622 Value ($000) $24,212 Avg Close $15.36 Range $12.48 - $18.79

Q4 2015

Shares 1,073,162 Value ($000) $19,177 Avg Close $14.45 Range $13.12 - $15.93

Q3 2015

Shares 1,069,027 Value ($000) $18,366 Avg Close $15.53 Range $13.35 - $17.42

Q2 2015

Shares 615,708 Value ($000) $12,754 Avg Close $17.16 Range $15.54 - $18.46

Q1 2015

Shares 615,319 Value ($000) $12,368 Avg Close $14.75 Range $13.06 - $16.57

Q4 2014

Shares 610,993 Value ($000) $12,061 Avg Close $16.97 Range $14.81 - $18.55

Q3 2014

Shares 600,433 Value ($000) $13,576 Avg Close $17.12 Range $13.89 - $19.97

Q2 2014

Shares 579,802 Value ($000) $10,407 Avg Close $13.98 Range $13.22 - $14.83

Q1 2014

Shares 583,881 Value ($000) $10,387 Avg Close $13.53 Range $12.21 - $15.09

Q4 2013

Shares 579,565 Value ($000) $11,325 Avg Close $14.08 Range $12.49 - $15.25

Q3 2013

Shares 270,765 Value ($000) $4,524 Avg Close $12.11 Range $11.42 - $13.41

Q2 2013

Shares 268,343 Value ($000) $4,001 Avg Close $11.35 Range $10.49 - $12.29

Q1 2013

Shares 267,788 Value ($000) $4,250 Avg Close $11.51 Range $10.56 - $12.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	29,204	$4,949	$158.36	$137.70 - $177.84
Q3 2025	29,517	$4,116	$130.39	$119.11 - $140.98
Q2 2025	29,626	$3,792	$126.36	$102.11 - $140.95
Q1 2025	30,425	$3,806	$124.96	$109.33 - $137.65
Q4 2024	30,655	$3,497	$130.47	$111.65 - $152.72
Q3 2024	31,281	$3,944	$118.85	$102.31 - $134.27
Q2 2024	32,581	$4,219	$130.12	$115.35 - $147.49
Q1 2024	33,571	$4,976	$122.14	$106.53 - $144.95
Q4 2023	33,523	$3,959	$107.90	$95.11 - $124.46
Q3 2023	35,206	$3,775	$100.40	$92.11 - $107.71
Q2 2023	36,495	$3,975	$97.72	$86.96 - $110.55
Q1 2023	49,300	$5,574	$111.23	$90.76 - $130.54
Q4 2022	52,620	$5,141	$91.75	$68.70 - $107.85
Q3 2022	294,617	$20,903	$71.84	$59.25 - $84.09
Q2 2022	303,637	$20,086	$75.64	$60.78 - $94.76
Q1 2022	341,370	$28,480	$63.45	$47.52 - $84.34
Q4 2021	246,873	$15,323	$58.59	$52.93 - $64.63
Q3 2021	525,474	$30,730	$59.61	$51.19 - $69.35
Q2 2021	535,811	$31,934	$54.47	$45.84 - $62.09
Q1 2021	536,040	$27,209	$38.96	$31.19 - $48.49
Q4 2020	260,495	$9,604	$31.85	$25.96 - $36.89
Q3 2020	260,910	$7,470	$26.10	$21.83 - $29.60
Q2 2020	274,456	$7,161	$22.53	$18.48 - $27.00
Q1 2020	280,555	$6,324	$24.36	$13.32 - $30.61
Q4 2019	280,555	$9,550	$28.20	$24.32 - $31.60
Q3 2019	285,478	$8,507	$25.87	$22.50 - $28.88
Q2 2019	600,018	$18,121	$26.59	$21.75 - $31.41
Q1 2019	380,033	$13,404	$30.67	$25.17 - $33.96
Q4 2018	378,903	$11,382	$32.42	$24.79 - $39.93
Q3 2018	384,630	$17,381	$39.33	$35.70 - $42.45
Q2 2018	426,723	$19,608	$40.25	$36.27 - $44.32
Q1 2018	426,526	$18,861	$39.00	$34.83 - $42.94
Q4 2017	427,605	$18,443	$32.46	$28.33 - $37.17
Q3 2017	430,716	$14,847	$29.48	$27.05 - $32.51
Q2 2017	432,914	$15,503	$28.97	$26.88 - $31.37
Q1 2017	583,788	$20,292	$29.67	$27.09 - $32.02
Q4 2016	1,021,181	$36,334	$26.10	$19.35 - $33.31
Q3 2016	1,020,445	$25,501	$21.06	$18.79 - $23.10
Q2 2016	1,076,238	$26,368	$20.03	$17.68 - $22.12
Q1 2016	1,075,622	$24,212	$15.36	$12.48 - $18.79
Q4 2015	1,073,162	$19,177	$14.45	$13.12 - $15.93
Q3 2015	1,069,027	$18,366	$15.53	$13.35 - $17.42
Q2 2015	615,708	$12,754	$17.16	$15.54 - $18.46
Q1 2015	615,319	$12,368	$14.75	$13.06 - $16.57
Q4 2014	610,993	$12,061	$16.97	$14.81 - $18.55
Q3 2014	600,433	$13,576	$17.12	$13.89 - $19.97
Q2 2014	579,802	$10,407	$13.98	$13.22 - $14.83
Q1 2014	583,881	$10,387	$13.53	$12.21 - $15.09
Q4 2013	579,565	$11,325	$14.08	$12.49 - $15.25
Q3 2013	270,765	$4,524	$12.11	$11.42 - $13.41
Q2 2013	268,343	$4,001	$11.35	$10.49 - $12.29
Q1 2013	267,788	$4,250	$11.51	$10.56 - $12.15