20
Mar
16:04
Schnitzer second-quarter preliminary earnings hold the line
In its primary auto and metals recycling business, Schnitzer Steel Industries expects to report operating income of $21-$22 million for the fiscal second quarter, Kallanish learns from a company statement.
Earnings for the quarter ended 28 February are comparable to the $23m earned in Q1 2019, but down on-year from $45m during the same period in 2018.
“Year-over-year, the expected decrease in auto and metal recycling’s second quarter performa…
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Anonymous
Very good overview of the weekly steel market.
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