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05 Oct
21:23

Schnitzer anticipates strong full-year earnings results

Portland, Oregon-based metals recycler and longs producer Schnitzer Steel Industries anticipates its earnings for fiscal 2022 to be the second-highest in the company's 116 year history, Kallanish understands. According to the company's preliminary results, Schnitzer expects its adjusted earnings to be between $38-40 million in the fourth quarter ending August 31 due to falling spread prices for recycled metal products. The company's earnings …
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