Name | Value |
---|---|
Revenues | 621.1M |
Cost of Revenue | 583.0M |
Gross Profit | 38.1M |
Operating Expense | 65.0M |
Operating I/L | -24.1M |
Other Income/Expense | -8.7M |
Interest Income | 0.0M |
Pretax | -32.8M |
Income Tax Expense | 1.2M |
Net Income/Loss | -33.9M |
Schnitzer Steel Industries, Inc. is a global leader in recycling ferrous and nonferrous metal and manufacturing finished steel products. The company acquires, processes, and recycles salvaged vehicles, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal and nonferrous products, including mixed metal joint products recovered from the shredding process. Additionally, the company procures salvaged vehicles and sells serviceable used auto parts through its self-service auto parts stores. Schnitzer Steel also produces various finished steel products using ferrous recycled metal and other raw materials, catering to steel mills, foundries, refineries, and other customers.