News Releases

Schnitzer Steel Industries, Inc. Announces Fourth Quarter 2007 Earnings Conference Call

PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 24, 2007--Schnitzer Steel Industries, Inc. (NASDAQ:SCHN), in conjunction with its fourth quarter earnings release to be made before the market opens on October 29, 2007, invites you to listen to its conference call that will be broadcast over the Internet Monday, October 29, 2007 at 11:30 a.m. Eastern Time with John D. Carter, President and Chief Executive Officer, and Gregory J. Witherspoon, Chief Financial Officer.

The call is being webcast and can be accessed on the events calendar page located in the investor relations section of Schnitzer Steel's web site at www.schnitzersteel.com.

Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled ferrous metals products in the United States with 34 operating facilities located in 11 states throughout the country, including six export facilities located on the East and West Coasts and in Hawaii. SSI's vertically integrated operating platform also includes its auto parts and steel manufacturing businesses. SSI's auto parts business sells used auto parts through its 35 Pick-n-Pull self-service facilities and 17 GreenLeaf full-service facilities located in 14 states and western Canada. With an annual production capacity of more than 750,000 tons, SSI's steel manufacturing business produces finished steel products, including rebar, wire rod and other specialty products. SSI commenced its 101st year of operations in 2007.


    CONTACT: Schnitzer Steel Industries, Inc.
             Investor Relations: Rob Stone, 503-224-9900
             ir@schn.com

    SOURCE: Schnitzer Steel Industries, Inc.

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