AllAnalyst Report
logoMorningstarOctober 23, 2020

Schnitzer Steel Industries, Inc.: Schnitzer Delivers a Solid Sequential Profit Improvement to Close Out Fiscal 2020; FVE Remains $15

Symbols
SCHN
Sector(s)
Basic Materials
Rating
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Current Price
$26.51
Fair Value
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Economic Moat
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Stewardship
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Summary

Schnitzer Steel Industries is one of the largest ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.

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Analyst Profile

Andrew Lane

Strategist