24
Oct
16:40
Schnitzer Steel posts best year since 2011
Schnitzer Steel Industries says fiscal 2018 was its strongest since 2011, Kallanish reports.
The company earned $154 million on sales of $2.37 billion in the fiscal year ended 31 August, up from a profit of $43m on sales of $1.69 billion in fiscal 2017.
Schnitzer earned $59m on $670m in sales during the fourth-quarter, up from $18m on $494m in Q4 2017.
“We delivered our best fourth quarter performance since fiscal 2011, capping a year which reflected…
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Anonymous
Very good overview of the weekly steel market.
Anonymous