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Schnitzer Steel Industries, Inc. (SCHN)

-NasdaqGS
27.04 Up 0.05(0.19%) Jul 29, 4:00PM EDT
|After Hours : 27.04 0.00 (0.00%) Jul 29, 4:31PM 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

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Steel & Iron
Full Time Employees:3,643

Business Summary 

Schnitzer Steel Industries, Inc. manufactures and exports recycled ferrous metal products worldwide. The company operates in three segments: Metals Recycling Business (MRB), Auto Parts Business (APB), and Steel Manufacturing Business (SMB). The MRB segment buys, collects, processes, recycles, sells, and brokers ferrous scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, sorting, shearing, shredding, and torching. 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 processed nonferrous scrap metal to specialty steelmakers, foundries, aluminum sheet and ingot manufacturers, copper refineries and smelters, brass and bronze ingot manufacturers, and wire and cable producers. The APB segment procures used and salvaged vehicles, and sells serviceable used auto parts from these vehicles through its 61 self-service auto parts stores in the United States and Western Canada, as well as sells autobodies, and parts containing ferrous and nonferrous materials, such as engines, transmissions, alternators, and catalytic converters to metals recyclers. The SMB segment produces a range of finished steel products using recycled metal and other raw materials. Its products include semi-finished goods, such as billets; and finished goods consisting of rebars, coiled rebars, 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 Jul 1, 2014 is 9. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 10; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Ms. Tamara Adler L. Lundgren , 57
Chief Exec. Officer, Pres and Director
1.64M0.00
Mr. Richard D. Peach , 50
Chief Financial Officer and Sr. VP
713.00K0.00
Ms. Belinda Gaye Hyde , 43
Chief HR Officer and Sr. VP
580.00K0.00
Mr. Thomas D. Klauer Jr., 60
Sr. VP and Pres of Auto Parts Division
589.00K0.00
Mr. Jeffrey Dyck , 51
Sr. VP and Pres of Steel Manufacturing Bus.
788.00K0.00
Amounts are as of Dec 31, 2013 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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