American scrap recycler Schnitzer Steel logs its best fiscal year since 2011

$1.7bn revenue / $56m Ebit profit / 3.1 million tonnes of scrap processed

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(USA) – The American steel recycler Schnitzer Steel Industries Inc. (SSI) achieved $1.688bn in revenue for the 2016/17 fiscal year ended 31 August, up around 25 per cent from the $1.353bn turnover posted in the previous year. The group’s earnings improved significantly, with the net income attributable to SSI ...

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