Schnitzer Steel Industries

Schnitzer Steel Industries, Inc. engages in the recycling of ferrous and nonferrous scrap metal and manufacture of finished steel products. It operates through the following segments: Auto and Metals Recycling (AMR) and Cascade Steel and Scrap (CSS). The Auto and Metals Recycling segment acquires and recycles ferrous and nonferrous scrap metal for sale to foreign and domestic metal producers, processors and brokers and procure salvaged vehicles and sells serviceable used auto parts from these vehicles through a network of self-service auto parts stores. The Cascade Steel and Scrap segment manages a steel mini-mill that produces finished steel long products using ferrous recycled scrap metal and other raw materials. The company was founded by Sam Schnitzer in 1906 and is headquartered in Portland, OR.

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Radius Recycling, Inc. engages in the recycling of ferrous and nonferrous scrap metal and manufacture of finished steel products. The company was founded by Sam Schnitzer in 1906 and is headquartered in Portland, OR.

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. dba Radius Recycling (NASDAQ: SCHN) announced that the Company's common stock will begin trading on NASDAQ under the symbol ‘RDUS' at the open of market trading on September 1, 2023, which coincides with the start of the Company's fiscal year. ‘RDUS' will replace the Company's current ticker symbol ‘SCHN,' which has been used since its initial public offering in 1993. The new ticker symbol aligns with the Company's rebranding fro.

Radius Recycling Announces Ticker Symbol Change

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today unveiled its new corporate name and identity, Radius Recycling, as part of a rebranding initiative to reflect the Company's vision, purpose, and impact on the global economy. For more than a century, the Company has developed robust networks to collect, process, and deliver recycled metals to customers around the world. As the global economy accelerates its shift toward low carbon technologies, the demand for.

Schnitzer Steel Rebrands as Radius Recycling to Reflect Company's Vision, Purpose, and Impact on Circular Economy

Schnitzer Steel Industries is a promising investment, despite its high forward P/E, due to its growth projections and strong balance sheet. The company's focus on recycled metals offers exposure to a niche industry and aligns with global efforts to reduce emissions. Despite fluctuations in commodity prices, SCHN maintains a positive bottom line and is expected to benefit from increasing demand for recycled metals.

Schnitzer Steel Industries: Justifying The High Current Valuation

Stronger demand for recycled metals significantly contributes to sequential performance improvement for Schnitzer Steel (SCHN) in Q3.

Schnitzer Steel (SCHN) Q3 Earnings & Revenues Miss Estimates

Schnitzer Steel's NASDAQ: SCHN Q3 results echoed those of Commercial Metals Company NYSE: CMC but the impact on the stock price was the opposite. The report's takeaways are that industry normalization has revenue and earnings down compared to last year, but signs of normalization and underlying market strength have emerged.

Schnitzer Steel: Set Up For Long-Term Strength

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN ) Q3 2023 Earnings Conference Call June 27, 2023 11:30 AM ET Company Participants Michael Bennett - IR Tamara Lundgren - Chairman and CEO Stefano Gaggini - CFO Conference Call Participants Phil Gibbs - KeyBanc Operator Good morning, ladies and gentlemen. Thank you for standing by.

Schnitzer Steel Industries, Inc. (SCHN) Q3 2023 Earnings Call Transcript

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its third quarter of fiscal 2023 ended May 31, 2023. Third Quarter Fiscal 2023 Highlights Diluted earnings per share from continuing operations of $0.48. Net income of $14 million and net income per ferrous ton of $12. Adjusted diluted earnings per share from continuing operations of $0.67, which excludes charges of $5 million, or $0.18 per share, related primarily to legacy environmental.

Schnitzer Reports Third Quarter Fiscal 2023 Financial Results

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Schnitzer Steel and Worthington Industries report earnings as steel futures have dropped 20% since year-to-date highs.

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PORTLAND, Ore.--(BUSINESS WIRE)--Today, Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), a global leader in metals recycling, was named to TIME's third-annual TIME100 Most Influential Companies list. The ranking highlights 100 companies that are making an extraordinary impact around the world. “We are honored to be a part of TIME's list of the 100 Most Influential Companies,” said Tamara Lundgren, Chairman and CEO of Schnitzer. “The use of recycled metals is an important strategic solution for.

Schnitzer Steel Named to TIME's List of 100 Most Influential Companies

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced that the Company will report financial results for its third quarter fiscal 2023 ended May 31, 2023 on Tuesday, June 27, 2023. The Company will host a webcast conference call to discuss the results at 11:30 a.m. Eastern Time on the same day. The webcast of the call and the accompanying slide presentation may be accessed on Schnitzer's website under Company > Investors > Event Calendar at www.schnitz.

Schnitzer Announces Third Quarter Fiscal 2023 Earnings Date and Conference Call Webcast Details

From a technical perspective, Schnitzer Steel (SCHN) is looking like an interesting pick, as it just reached a key level of support. SCHN recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

Schnitzer Steel (SCHN) Recently Broke Out Above the 50-Day Moving Average

Schnitzer Steel (SCHN) sees higher demand and prices for recycled metals in the fiscal second quarter.

Schnitzer Steel (SCHN) Earnings and Revenues Down Y/Y in Q2

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN ) Q2 2023 Earnings Conference Call April 5, 2023 11:30 AM ET Company Participants Michael Bennett - Investor Relations Tamara Lundgren - Chairman and Chief Executive Officer Stefano Gaggini - Chief Financial Officer Conference Call Participants Emily Chieng - Goldman Sachs Operator Good day and thank you for standing by and welcome to Q2 Fiscal 2023 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Schnitzer Steel Industries, Inc. (SCHN) Q2 2023 Earnings Call Transcript

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its second quarter of fiscal 2023 ended February 28, 2023. Second Quarter Fiscal 2023 Highlights Diluted earnings per share from continuing operations of $0.14. Net income of $4 million and net income per ferrous ton of $3. Adjusted diluted earnings per share from continuing operations of $0.14. Adjusted EBITDA of $32 million and adjusted EBITDA per ferrous ton of $25.

Schnitzer Reports Second Quarter Fiscal 2023 Financial Results

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Schnitzer Steel Industries (SCHN) Stock?

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced that the Company will report financial results for its second quarter fiscal 2023 ended February 28, 2023 on Wednesday, April 5, 2023. The Company will host a webcast conference call to discuss the results at 11:30 a.m. Eastern Time on the same day.

Schnitzer Announces Second Quarter Fiscal 2023 Earnings Date

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), a global leader in metals recycling, has been recognized by Ethisphere as one of the 2023 World's Most Ethical Companies. Ethisphere is a world leader in defining and advancing the standards of ethical business practices. Schnitzer is among this year's 135 honorees spanning 19 countries and 46 industries.

Schnitzer Named One of the 2023 World's Most Ethical Companies

Schnitzer Steel (SCHN) closed the most recent trading day at $33.01, making no change from the previous trading session.

Schnitzer Steel (SCHN) Flat As Market Sinks: What You Should Know

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PORTLAND, Ore.--( BUSINESS WIRE )--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), a global leader in metals recycling, has been named the most sustainable company in the world by Corporate Knights, a leading media and research organization focused on corporate sustainability performance.

Schnitzer Steel Named Most Sustainable Company in the World by Corporate Knights

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Schnitzer Steel Industries, Inc. (NASDAQ:SCHN ) Q1 2023 Earnings Conference Call January 5, 2023 11:30 AM ET Company Participants Michael Bennett - VP, IR Tamara Lundgren - Chairman and CEO Stefano Gaggini - CFO Conference Call Participants Emily Chang - Goldman Sachs Operator Good day and thank you for standing by. Welcome to the Schnitzer Steel's First Quarter Fiscal 2023 Earnings Presentation.

Schnitzer Steel Industries, Inc. (SCHN) Q1 2023 Earnings Call Transcript

Schnitzer Steel (SCHN) delivered earnings and revenue surprises of 2.22% and 4.11%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

Schnitzer Steel (SCHN) Reports Q1 Loss, Misses Revenue Estimates

PORTLAND, Ore.--( BUSINESS WIRE )--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its first quarter of fiscal 2023 ended November 30, 2022.

News for Schnitzer Steel Industries Stock (SCHN)