18
Mar
17:51
Schnitzer anticipates strong earnings in second quarter
Portland, Oregon-based metals recycler and longs producer Schnitzer Steel anticipates strong quarterly earnings in the second quarter of 2022 after achieving record results in the first quarter, Kallanish reports.
According to the company's preliminary results, Schnitzer Steel's net income is expected to be in the range of $36-38 million in the second quarter with earnings projected to be approximately $73-75m.
Schnitzer's sales volumes for ferrous an…
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Anonymous
Very good overview of the weekly steel market.
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