Schnitzer Steel posts best results in seven years


(USA) – The US group Schnitzer Steel has reported its best earnings in seven years for the 2017/2018 financial year, which ended on 31 August. Revenues climbed from $1.67bn to $2.37bn, while operating income almost tripled from $56m to $149m. The company booked net income of $156m (2016/2017: 45m) following a tax ...

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