26
Jun
18:49
Schnitzer profits, revenues rise on year
US longs producer and recycler Schnitzer Steel Industries recorded a fiscal third quarter profit of $17 million, up 51% year on year, Kallanish reports.
The company saw revenues increase 36% from last year to $477m.
“Our third quarter results benefited from our continued focus on profitable growth,” says ceo Tamara Lundgren. “In both our auto and metals recycling and our steel manufacturing businesses, higher volumes and operating leverage f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous