BNET Industries
Market Cap:$1.0B
Last Fiscal Year Sales:$3.6B
- Public
- US
Dow Jones Description
Founded in 1906 as a one-man scrap metal operation, Schnitzer Steel Industries, Inc., has become one of the nation's largest recyclers of scrap metal, a leading provider of used and recycled auto parts and a manufacturer of finished steel products. With a rapidly growing national and global reach, the company achieved $3.6 billion in revenues in fiscal 2008 and was ranked #595 in the 2009 Fortune 1000 list of companies. Schnitzer Steel common stock is traded on the NASDAQ Stock Market under the symbol SCHN.
Number of Employees 3,669
Peer Companies
NAICS Code Recyclable Material Merchant Wholesalers: 423930
Recent Events
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Schnizer Steel SCHN Beginning to Rally Following DA Davidson Upgrade
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Schnitzer Steel SCHN Declares $0.017 Quarterly Dividend 0.1% Yield
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UPDATE 2-Schnitzer Q4 profit tops market; sees weak Q1 demand
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Schnitzer Steel buys auto-parts stores
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Longbow Research Downgrades Schnitzer Steel SCHN to Sell
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AIG, Drops; Apollo, Ctrip, H&R Block Up
News & Analysis
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schnitzer steel industries inc. - All News and Analysis
Nowhere to Turn: This Bear's Different
Asif Suria submits: The tremors from the failure of Lehman Brothers LEH are still being felt across the globe in what I feel might be last act in the financial meltdown we have experienced this year. As I read the announcement of Lehman's decision to declare bankruptcy on Sunday...
Don't Recycle Schnitzer Steel Yet - Barron's
A fall in scrap metal prices has scared investors away from Schnitzer Steel Industries SCHN, pushing the metal-recycler's share price down by more than 50%, to $58.30 as of Friday's close. Concerns about slowing growth in emerging markets have not helped either. But Barron's Christopher Williams says Schnitzer is far...
10 Reasons To Look at 10 Oregon Stocks
Stockerblog submits: When you think of Oregon, you don't normally think of the stock market. However, Portland is the home of a couple of well known Fortune 500 companies. Here are some interesting facts about Oregon:1. Oregon has no sales tax.2. It produces 95% of the domestic hazelnuts in...
Schnitzer Steel Industries, Inc. Third Quarter 2008 Earnings Conference Call
PORTLAND, Ore. -- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), in conjunction with its third quarter earnings release to be made before the market opens on July 1, 2008, invites you to listen to its conference call that will be broadcast over the Internet Tuesday, July 1, 2008 at 11:30 a.m....
Schnitzer Steel Industries, Inc. F2Q08 (Quarter End 2/29/2008) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question will come from the line of John Rogers with D.A. Davidson. Please proceed. John Rogers – D.A. Davidson & Co. First on the scrap business how far out are you selling now into the export market? John...
Schnitzer Steel F1Q08 (Qtr End 11/30/07) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question will come from the line of John Rogers of D.A. Davidson. Please proceed. John Rogers - D.A. Davidson & Co. Good morning. I was curious -- first of all, on the GreenLeaf, the operation you opened in New Jersey, is that...
Schnitzer Steel Industries F4Q07 (Qtr End 8/31/07) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And your first question comes from the line of John Rogers with D.A. Davidson. Please proceeds. John Rogers - D.A. Davidson Hi, good morning. Greg Witherspoon Good Morning. Welcome. John Rogers - D.A. Davidson A couple of quick things, first of all, Greg, you mentioned...
Former Senior Officer of Schnitzer Steel Industries Inc. Subsidiary Pleads Guilty to Foreign Bribes
To: LEGAL AFFAIRS EDITORSContact: U.S. Department of Justice, +1-202-514-2008 TDD +1-202- 14-1888 WASHINGTON, June 29 /PRNewswire-USNewswire/ -- Si Chan Wooh, a former senior officer of SSI International, Inc., a wholly-owned subsidiary of Schnitzer Steel Industries Inc. until 2006, has pleaded guilty to conspiracy to violate the Foreign Corrupt Practices Act...
Schnitzer Steel Industries Inc.'s Subsidiary Pleads Guilty to Foreign Bribes and Agrees to Pay a $7.5 Million Criminal Fine ; Parent Company Enters Into a Deferred Prosecution Agreement Following Exceptional Cooperation With Justice Department
To: National DeskContact: U.S. Department of Justice, 202-514-2008; 202-514-1888 TDD; Web: http://WWW.USDOJ.GOVWASHINGTON, Oct. 16 /U.S. Newswire/ -- SSI International Far East Ltd. SSI Korea, a wholly owned subsidiary of Schnitzer Steel Industries Inc., has entered a guilty plea before U.S. District Judge Garr King at U.S. District Court in Portland,...
Schnitzer Steel Industries Inc's Subsidiary Pleads Guilty to Foreign Bribes, Agrees to $7.5 Million Criminal Fine ; Parent Company Enters Into Deferred Prosecution Agreement Following Exceptional Cooperation with Justice Dept.
To: National DeskContact: The U.S. Department of Justice, 202-514-2008 or 202-514- 1888 TDD; Web: http://www.usdoj.govWASHINGTON, Oct. 16 /U.S. Newswire/ -- SSI International Far East Ltd. SSI Korea, a wholly owned subsidiary of Schnitzer Steel Industries Inc., has entered a guilty plea before U.S. District Judge Garr King at U.S. District...
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