Schnitzer Steel Industries, Inc.

Symbol

SCHN

Company Name

Schnitzer Steel Industries, Inc.

Price

$34.250

Avg. Volume

86.906 T

Market Capital

930.408 M

Range

15.47-59.34

Changes

-0.260

Change Percentage

-0.75

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

$ 33.784

Day High

$ 34.780

Year High

$ 34.780

Year Low

$ 25.960

Volume

86.906 T

Open

125.08

Previous Close

$ 34.510

Share Outstanding

27165200.000

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.