Symbol
SCHN
Company Name
Schnitzer Steel Industries, Inc.
Price
$31.650
Avg. Volume
122.611 T
Market Capital
862.621 M
Range
15.47-59.34
Changes
0.220
Change Percentage
0.70
Currency
USD
CIK
0000912603
ISIN
US8068821060
CUSIP
806882106
Exchange
Nasdaq Global Select
Exchange Short Name
NASDAQ
Industry
Metals & Mining
Website
http://www.schnitzersteel.com
Day Low
$ 31.040
Day High
$ 31.680
Year High
$ 31.680
Year Low
$ 25.960
Volume
122.611 T
Open
125.08
Previous Close
$ 31.430
Share Outstanding
27255000.000
Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. The company operates in two segments, Auto and Metals Recycling (AMR), and Cascade Steel and Scrap (CSS). The AMR segment acquires, processes, and recycles scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting. This segment offers ferrous recycled scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, and shredded insulated wires, as well as aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. It sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; and ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 50 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies. The CSS segment produces various finished steel products using ferrous recycled scrap metal and other raw materials. It provides semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.