Begin operating four additional value-added flat roll steel coating lines
Not delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 20 Apr 2021
- Due
- 31 Dec 2022
- Checked
- 19 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“we believe these four lines will likely begin operating sometime in the second half of 2022”
What we found
Evidence strength A What the grades mean
The company delayed the expected operational start date for the four coating lines from the second half of 2022 to the second half of 2023, and later to early 2024.
-
A Steel Dynamics 10-K filed 2023-02-28
“These new coating lines are expected to begin operating in the second half of 2023.” ✓ confirmed on the page
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A Steel Dynamics 10-K filed 2024-02-29
“These new coating lines are expected to begin operating in early 2024.” ✓ confirmed on the page
Market reaction: the shares moved +9.5% against the S&P 500 over the three sessions around the disclosure (27 Feb 2023 to 2 Mar 2023). What this measures
Checked 19 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +456 days
- 4 versions
-
Version 1 · original · stated 20 Apr 2021
Deadline 31 Dec 2022 (“second half of 2022”) · wording expected
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Version 2 · stated 21 Oct 2021
Deadline 30 Jun 2023 (“mid-2023”) · wording expected
“plan to invest approximately $500 million to build four additional value-added flat roll steel coating lines... these four lines will likely begin operating mid-2023.”
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Version 3 · stated 21 Jul 2022
Deadline 31 Dec 2023 (“second half of 2023”) · wording expected
“Based on current plans, we believe these four lines will begin operating in the second half of 2023.”
-
Version 4 · stated 24 Jan 2024
Deadline 31 Mar 2024 (“during the first quarter of 2024”) · wording expected
“We plan to commission these lines during the first quarter of 2024.”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Facility other
- Indicative materiality
- Medium rules
- Action
- Begin
- Deliverable
- four value-added flat roll steel coating lines
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- Medium
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
- Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-STLD-015430 · Corrections policy