News Release

Schnitzer Named AMM’s 2018 Scrap Company of the Year

PORTLAND, Ore.--(BUSINESS WIRE)--Jun. 29, 2018-- Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) has been named 2018 Scrap Company of the Year as part of the ninth annual American Metal Market (AMM) Awards for Steel Excellence. These awards recognize world-class innovation and excellence throughout the metals and steel industry supply chain. Winners of the AMM Awards for Steel Excellence were selected by a panel of industry experts using a qualitative system to distinguish best-in-class practices. This is the third time that Schnitzer has received the award for Scrap Company of the Year, highlighting the Company’s industry leadership.

“We are honored to be recognized once again as Scrap Company of the Year,” said Tamara Lundgren, President and Chief Executive Officer. “This award is a testament to our employees’ ability to deliver best-in-class performance and their commitment to our core values of integrity, safety, environmental stewardship, quality, and customer service. I extend my thanks to all of those who contribute to our continued success, including our customers, suppliers, investors, employees, and the communities in which we operate.”

About Schnitzer Steel Industries, Inc.

Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 23 states, Puerto Rico and Western Canada. Schnitzer 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 auto parts stores with approximately 5 million annual retail visits. The Company’s steel manufacturing operations produce finished steel products, including rebar, wire rod and other specialty products. The Company began operations in 1906 in Portland, Oregon.

Source: Schnitzer Steel Industries, Inc.

Schnitzer Steel Industries, Inc.
Media Relations:
Colin Kelly, 781-873-1665
[email protected]
Investor Relations:
Stefano Gaggini, 503-323-2811
[email protected]
Company Info:
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Data provided by Thomson Reuters