Schnitzer Steel A

NASDAQ:SCHN   4:00PM EDT
20.96
-0.06 (-0.29%)
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Market Cap (Intraday)559.03M
Current PE5.25
Forward PE 22.79
2yr Forward PE 11.98
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Estimates Current Quarter
Revenue$427.38 Million
Adjusted EPS-$0.13
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10-Day MA$21.12
50-Day MA$21.31
200-Day MA$23.03
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SCHNITZER STEEL INDUSTRIES INC Stock, NASDAQ:SCHN

299 SW CLAY ST., PORTLAND, OR 97201
United States of America
Phone: 5032249900
Number of Employees: 2818

Description

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. It operates through two segments, Auto and Metals Recycling (AMR) and Steel Manufacturing Business (SMB). The AMR segment buys, collects, processes, recycles, sells, and brokers 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 scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products. It sells ferrous and nonferrous recycled metal products to steel mills, foundries, and smelters. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 52 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies and parts containing ferrous and nonferrous materials, such as engines, transmissions, and alternators to wholesalers. The SMB segment produces various finished steel products using recycled metal and other raw materials. It offers 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.