PORTLAND (AP) — Schnitzer Steel Industries Inc. (SCHN) on Wednesday reported profit of $4.4 million in its fiscal second quarter.
On a per-share basis, the Portland, Oregon-based company said it had profit of 15 cents. Earnings, adjusted for one-time gains and costs, were 14 cents per share.
The recycler of ferrous and nonferrous scrap metal posted revenue of $756 million in the period.