21
Oct
21:18
Schnitzer earnings reach 10-year high in Q4
Portland, Oregon-based metals recycler and longs producer Schnitzer Steel Industries experienced its best operating performance in the past 10 years during its fiscal fourth quarter, Kallanish understands.
In the company's fiscal Q4 ended 31 August, Schnitzer earned $43.8 million on sales of $845.6m, which is up from earnings of $4.6m on sales of $464.6m in the same period of last year. Year-to-date, Schnitzer's earnings have reached $170m on sal…
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Anonymous
Very good overview of the weekly steel market.
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