Schnitzer Steel Industries, Inc.

Last price update: 31 Aug 23 23:00 GMT

Price:
$33.20
Open:
$33.54
Previous close:
$33.39
Day's range:
$33.13 - $33.92
Year's range:
$25.96 - $36.64
Net Income per Share:
0.38
Price-to-Earnings ratio:
87.37
52-week Price Range:
$30.87
Volume:
$81,712.00
Average volume:
$184,065.00

Company profile for Schnitzer Steel Industries, Inc.

Schnitzer Steel Industries, Inc. logo

Schnitzer Steel Industries, Inc. is one of the leading recycling and manufacturing companies in the world. The company has been in business for over a century and has since grown to become one of the largest and most respected companies in the recycling industry. Schnitzer Steel Industries, Inc. acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. The company also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 50 self-service auto parts stores in the United States and Western Canada. In addition, Schnitzer Steel Industries, Inc. produces various finished steel products using ferrous recycled metal and other raw materials, as well as semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products.

Schnitzer Steel Industries, Inc. also produces and sells a variety of nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company also sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium. Schnitzer Steel Industries, Inc. also sells ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors. The company’s finished steel customers are primarily steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and major farm and wood products suppliers.

Schnitzer Steel Industries, Inc. has been a pioneer in the recycling and manufacturing industry for more than a century, becoming the first company in the United States to be certified as a sustainable recycler by the Institute of Scrap Recycling Industries (ISRI). In addition, the company is a member of the United States Green Building Council (USGBC) and has achieved a LEED Gold certification for its corporate headquarters in Portland, Oregon. The company is also committed to reducing its environmental footprint, and has implemented a number of initiatives to reduce its carbon footprint, conserve energy and water, and reduce waste.

Stock exchanges:
NASDAQ
Sector:
Basic Materials
Industries:
Steel
Ticker:
SCHN
CIK:
912603
ISIN:
US8068821060
Website:
https://www.schnitzersteel.com
Phone:
503 224 9900
Origin:
United States
Employees:
3,471