06
Jan
21:25
Schnitzer achieves record earnings in first quarter
Portland, Oregon-based metals recycler and longs producer Schnitzer Steel Industries' earnings continue to rise, with the company experiencing record profits in the first quarter of the new year, Kallanish learns.
In the company's fiscal Q1 ended 30 November, Schnitzer earned $47 million on sales of $798m, with earnings rising in both a quarterly and on-year comparison. In the past year, Schnitzer earned $44m on sales of $846m in Q4, and earned $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous