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Regional settings| Spread | 0.09 | ||||
 Long position overnight feeLong position overnight fee
Trade size with leverage ~ $5,000.00 Short position overnight fee ~ $4,000.00 | -0.026179% | ||||
| Short position overnight fee Short position overnight fee
Trade size with leverage ~ $5,000.00 Short position overnight fee ~ $4,000.00 | 0.003957% | ||||
| Overnight fee time | 21:00 (UTC) | ||||
| Currency | USD | ||||
| Min traded quantity | 1 | ||||
| Margin | 20 | ||||
| Stock exchange | United States of America | ||||
| Commission on trade1 | 0% |
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
| Prev. Close | 33.33 |
| Open | 33.35 |
| 1-Year Change | -1.77% |
| Day's Range | 33.07 - 33.53 |
Schnitzer Steel Industries, Inc. is a recycler of ferrous and nonferrous scrap metal, including end-of-life vehicles, and a manufacturer of finished steel products. The Company acquire, process and recycle auto bodies, rail cars, home appliances, industrial machinery, manufacturing scrap and construction and demolition scrap through its recycling facilities. The Company sells ferrous and nonferrous recycled scrap metal in both foreign and domestic markets for metal producers, processors and brokers. It also sells a range of finished steel long products produced at its steel mini mill. Its steel mini mill produces finished steel products such as rebar, wire rod, coiled rebar, merchant bar and other specialty products using ferrous recycled scrap metal. It also includes deep water port facilities on both the East and West Coasts of the United States in in Everett, Massachusetts; Providence, Rhode Island; Oakland, California; Tacoma, Washington; and Portland, Oregon.
BRIEF: For the three months ended 30 November 2021, Schnitzer Steel Industries, Inc. revenues increased 62% to $798.1M. Net income before extraordinary items increased from $14.1M to $46.2M. Revenues reflect Ferrous revenues segment increase of 85% to $465.9M, Nonferrous revenues segment increase of 62% to $194.4M, United States segment increase from $223.7M to $471.2M, Foreign segment increase of 22% to $326.9M.
Cl. A Common $1 Par, 03/11, 75M auth., 24,242,718 issd. Insiders & strategic holders own 7.12%. IPO 11/93, 2.9M Cl.A shs. @ $18 by Goldman Sachs. PO 2/96, 2.55M Cl.A shs. @ $29.50 by Goldman Sachs. Cl B Common $1 Par, 03/11, 25M auth., 3,242,367 issd. FY'03 Q's are RES. 2/04 and 2/05Q's = 6 months.
