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Schnitzer Steel's earnings up despite dips in used auto parts and scrap metal sales

Most of third fiscal quarter cost-cutting made in scrap metal business

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(USA) – Cost savings measures were critical to improved earnings for US scrap metal concern and steel manufacturer Schnitzer Steel. In its third financial quarter, the company saw earnings increase despite weakening metals prices and lower revenues in its scrap metals and used auto parts activities. Schnitzer has ...

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