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    Schnitzer Steel Industries, Inc. (SCHN)

    15.07 Down 0.42(2.71%) Jun 27, 4:00PM EDT
    |After Hours : 15.05 Down 0.02 (0.11%) Jun 27, 4:58PM EDT
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    Schnitzer Steel Industries, Inc.
    299 SW Clay Street
    Suite 350
    Portland, OR 97201
    United States - Map
    Phone: 503-224-9900
    Website: http://www.schnitzersteel.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Steel & Iron
    Full Time Employees:2,955

    Business Summary 

    Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. It operates through two segments, Auto and Metals Recycling (AMR) and Steel Manufacturing Business (SMB). The AMR segment buys, collects, processes, recycles, sells, and brokers scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting. This segment offers ferrous scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products. It sells ferrous and nonferrous recycled metal products to steel mills, foundries, and smelters. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 55 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies and parts containing ferrous and nonferrous materials, such as engines, transmissions, and alternators to wholesalers. The SMB segment produces various finished steel products using recycled metal and other raw materials. It offers semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.

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    Corporate Governance 
    Schnitzer Steel Industries, Inc.’s ISS Governance QuickScore as of Jun 1, 2016 is 6. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 8; Compensation: 5.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Ms. Tamara L. Adler Lundgren , 59
    Chief Exec. Officer, Pres and Director
    Mr. Richard D. Peach , 53
    Chief Financial Officer and Sr. VP
    Mr. Jeffrey Dyck , 53
    Pres of Steel Manufacturing Bus. and Sr. VP
    Mr. Michael Henderson , 57
    Co-Pres of Auto & Metals Recycling Bus. and Sr. VP
    Mr. Steven Heiskell , 47
    Co-Pres of Auto & Metals Recycling Bus. and Sr. VP
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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