Schnitzer Steel (SCHN) Tops Q3 EPS by 14c
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Schnitzer Reports Third Quarter 2015 Financial Results
June 30, 2015 8:30 AM EDTImproved Operating Performance in All Businesses Sequentially
Strong Operating Cash Flow and Progress on Cost Reduction and Productivity Initiatives
PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today reported financial results for its fiscal 2015 third quarter ended May 31, 2015.
Our third quarter results reflected benefits from the cost reduction and productivity initiatives we announced in early April which led to improved sequential operating performance in all of our businesses. In Metals Recycling, ferrous volumes increased 29% and nonferrous sales volumes increased 21%... More
