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SCHN - Schnitzer Steel Industries Inc.


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Schnitzer Steel Industries Inc. logo

Schnitzer Steel Industries, Inc., founded in 1906 and headquartered in Portland, Oregon, is a global leader in metal recycling and steel manufacturing. The company's operations span across the acquisition, processing, and recycling of ferrous and nonferrous metals from a variety of sources including salvaged vehicles, rail cars, appliances, industrial machinery, manufacturing scrap, and construction and demolition debris. Schnitzer offers a comprehensive range of recycled ferrous metals, essential as feedstock for the production of finished steel products, alongside nonferrous metals like aluminum, copper, stainless steel, and precious metals recovered from catalytic converters.

In addition to its recycling operations, Schnitzer Steel operates a network of 51 retail self-service auto parts stores and 54 metals recycling facilities, supporting its extensive supply chain and distribution capabilities. The company also operates an electric arc furnace steel mill, enabling it to produce various finished steel products. These products include billets, rebar, coiled rebar, wire rods, merchant bars, and specialty steel items, catering to diverse industries such as construction, manufacturing, and infrastructure development.

Schnitzer Steel Industries serves a broad customer base including steel mills, foundries, refineries, smelters, wholesalers, and other metal processors worldwide. With a commitment to sustainability and resource efficiency, Schnitzer continues to innovate in metal recycling technologies and expand its product offerings, ensuring it meets the evolving needs of its customers while contributing positively to environmental conservation efforts globally.

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Stock Sector: Metals and Mining: Steel and Iron

 

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