Form 8-K SCHNITZER STEEL INDUSTRI For: Jan 30

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February 2, 2015 6:01 AM EST


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.� 20549
_______________________________

FORM 8-K
�_______________________________

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT of 1934
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Date of report (Date of earliest event reported):�� January 30, 2015 (January 30, 2015)

SCHNITZER STEEL INDUSTRIES, INC.
(Exact Name of Registrant as Specified in Its Charter)
�
OREGON
(State or Other Jurisdiction
of Incorporation)
0-22496
(Commission File Number)
93-0341923
(I.R.S. Employer
Identification No.)


299 SW Clay St., Suite 350
Portland, OR
(Address of Principal Executive Offices)
�
�
97201
(Zip Code)

Registrants Telephone Number Including Area Code:��(503) 224-9900
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�
NO CHANGE
(Former name or former address, if changed since last report)
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�_______________________________



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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 8.01
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Other Events
On January 30, 2015, Schnitzer Steel Industries, Inc. (the Company) issued a press release announcing the declaration of a cash dividend by its Board of Directors.��A copy of this press release is being furnished as Exhibit 99.1 to this report on Form 8-K.

Item 9.01
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Financial Statements and Exhibits
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(d)
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Exhibits
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99.1
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Press Release of Schnitzer Steel Industries, Inc. issued on January 30, 2015.



















SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SCHNITZER STEEL INDUSTRIES, INC.
(Registrant)
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Dated:��� January 30, 2015
By:
/s/�Richard C. Josephson
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Name:��Richard C. Josephson
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�
�
Title:��� Sr. V.P., General Counsel and Secretary
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Exhibit Index
Exhibit No.
Description
�
�
99.1
Press Release of Schnitzer Steel Industries, Inc. issued on January 30, 2015.







PRESS RELEASE

January 30, 2015
Investor Relations Contact: Alexandra Deignan (646) 278-9711
Website: www.schnitzersteel.com
Email: [email protected]
Schnitzer Board Declares Quarterly Dividend
PORTLAND, OR  January 30, 2015  The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable on February 23, 2015, to shareholders of record on February 9, 2015. Schnitzer has paid a dividend every quarter since going public in November 1993.

About Schnitzer Steel Industries, Inc.

Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled ferrous metal products in North America with operating facilities located in 14 states, Puerto Rico and Western Canada. The business has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company's integrated operating platform also includes its auto parts and steel manufacturing businesses. The Company's auto parts business sells used auto parts through its self-service facilities located in 16 states and Western Canada. With an effective annual production capacity of approximately 800,000 tons, the Company's steel manufacturing business produces finished steel products, including rebar, wire rod and other specialty products. The Company commenced its 110th year of operations in 2015.




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