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Schnitzer Steel posts "best results in a decade" in Q2

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Schnitzer Steel achieves "best results in over a decade" in second financial quarter

(USA) – US scrap metal recycler and steelmaker Schnitzer Steel profited from sharp increases in ferrous and non-ferrous prices in its most recent financial quarter. Demand surged following "many quarters of destocking", CEO Tamara Lundgren told analysts in early April. Schnitzer generated revenues of $600m (ca. ...

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