24
Oct
16:32
Schnitzer earnings fall in fiscal 2019
US recycler and longs producer Schnitzer Steel Industries saw its fiscal 2019 earnings fall by almost two-thirds on-year, Kallanish learns from the company’s earnings review.
Schnitzer earned $56 million on sales of $2.13 billion, down from earnings of $156m on sales of $2.37 billion in fiscal 2018.
“In challenging market conditions marked by sharp declines in both ferrous and nonferrous prices, our team delivered solid financial and operational r…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous