Schnitzer Steel records loss of $281m for “challenging” financial year 2012/13

Metals Recycling division posts $321m goodwill impairment in Q4

|

(USA) – US scrap metals company Schnitzer Steel reported a loss attributable to its shareholders of $281m (ca. €208m) on revenues of $2,622bn (€1.943bn) for the 12 months ended 31 August 2013. A year earlier, the ferrous and non-ferrous metals specialist had posted earnings of nearly $29m on turnover of ...

Read more

You can only use this article with a valid subscription and registration. Registered subscribers can access all articles after entering their user name and password.
- Ad -

Article categories
- Ad -