Tag: Schnitzer steel Q4 CY’22
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USA: Schnitzer Steel expects dull Q4FY’22 results
US metal recycler Schnitzer Steel Industries is expecting below-par operating results for Q4FY’22 that ended on 31 August, 2022. The results would be adversely impacted due to declining prices of ferrous and nonferrous commodities as well as demand amid tighter supply, as per the company’s recent announcement. Average net ferrous and nonferrous selling prices are…