Schnitzer Steel Industries was founded by Sam Schnitzer as a scrap metal recycler in 1906.
Today the company is a recycling and manufacturing company which processes steel and iron from auto salvage yards, industrial manufacturers, and metal brokers. Schnitzer Steel repurposes the steel it recycles into steel reinforcing bar, merchant bar, and wire rod, among other products. It also sells steel to steelmakers, mainly in Asia.
Schnitzer Steel Industries trades publicly on the NASDAQ under the ticker symbol SCHN, is #803 in the Fortune 1000, is a member of the Russell 2000, has 3,371 employees, and had $2.51 billion in revenue in 2014.
Schnitzer Steel Industries
Schnitzer Steel Industries was founded by Sam Schnitzer as a scrap metal recycler in 1906.
Today the company is a recycling and manufacturing company which processes steel and iron from auto salvage yards, industrial manufacturers, and metal brokers. Schnitzer Steel repurposes the steel it recycles into steel reinforcing bar, merchant bar, and wire rod, among other products. It also sells steel to steelmakers, mainly in Asia.
Schnitzer Steel Industries trades publicly on the NASDAQ under the ticker symbol SCHN, is #803 in the Fortune 1000, is a member of the Russell 2000, has 3,371 employees, and had $2.51 billion in revenue in 2014.
History