Schnitzer Steel Industries, Inc. · Portland, OR United States ·(NASDAQ (GS): SCHN)
Company Description
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Your old car could end up in a Malaysian office building if Schnitzer Steel Industries gets its steel jaws on it. The company processes scrap steel and iron, which it obtains from sources such as auto salvage yards, industrial manufacturers, and metals brokers. The company sells more of that scrap to steelmakers in Asia than anywhere else; much of the rest goes to Schnitzer Steel's own steelmaking business, Cascade Steel Rolling Mills , which produces merchant bar, steel reinforcing bar, and other products at its minimill in Oregon. Schnitzer Steel's Pick-N-Pull Auto Dismantlers unit operates auto salvage yards. The family of founder Sam Schnitzer controls the company through a voting trust. To read the full description, subscribe now.
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Key Schnitzer Steel Industries, Inc. Financials
| Company Type | Public - NASDAQ (GS): SCHN Headquarters |
| Fiscal Year-End | August |
| 2009 Sales (mil.) | $1,900.2 |
| 2008 Employees | 3,669 |
Schnitzer Steel Industries, Inc. Executives
29 executives listed for Schnitzer Steel Industries, Inc.'s Portland, OR location.
| Title | Name & Bio | Contact |
| Chairman | John Carter | Network |
| President, CEO, and Director | Tamara Lundgren | Network |
| SVP and CFO | Richard Peach | Network |
Competition
Competitive Landscape for Schnitzer Steel Industries, Inc.
Demand from the steel, auto, and construction industries drives the scrap metal industry. The profitability of individual companies depends on cultivating relationships with suppliers and buyers. Most companies are small and compete by specializing in one type of material in their local market. Large companies have economies of scale in purchasing equipment and transportation. The industry is capital-intensive: average annual revenue per employee is about $350,000. To read the full description, subscribe now.Top Schnitzer Steel Industries, Inc. Competitors
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