Schnitzer Steel Industries, Inc., as of Aug. 31, 2011, had environmental reserves related to various Metals Recycling Business (MRB) sites other than Portland Harbor Superfund Site of US$25 million.
The reserves, which range up to US$2 million per site, relate to…
Schnitzer Steel Industries, Inc.’s reserve for third party investigation costs of the Portland Harbor Superfund Site (Site) was US$1 million as of Aug. 31, 2011 and Aug. 31, 2010.
In December 2000, the Company was notified by the U.S. Environmental Protection…
Schnitzer Steel Industries, Inc.’s Metals Recycling Business, as of Aug. 31, 2011, had environmental reserves of US$26 million.
These reserves were for the potential remediation of locations where MRB has conducted business or has environmental liabilities from historical or recent activities.
Portland,…
Schnitzer Steel Industries, Inc., as of Aug. 31, 2011, had environmental reserves related to various Auto Parts Business (APB) sites of US$15 million.
The reserves, which range up to US$2 million per site, relate to the potential future remediation of soil…
Schnitzer Steel Industries, Inc., as part of its capital expenditures, invested US$14 million in fiscal 2011, US$13 million in fiscal 2010 and US$9 million in fiscal 2009 for environmental projects.
The Company plans to invest an additional US$14 million in capital…
Schnitzer Steel Industries, Inc.’s current environmental liabilities amounted to US$3,425,000 as of May 31, 2011, compared with US$2,588,000 as of Aug. 31, 2010.
Environmental liabilities, net of current portion, amounted to US$37,745,000 as of May 31, 2011, compared with US$37,286,000 as…
Schnitzer Steel Industries, Inc., as of May 31, 2011, had environmental reserves related to various other metals recycling business (MRB) sites of US$25 million.
The reserves, which range in amounts from less than US$1 million to US$2 million per site, relate…
Schnitzer Steel Industries, Inc.’s metals recycling business (MRB), as of May 31, 2011, had environmental reserves of US$26 million for the potential remediation of locations where it has conducted business and has environmental liabilities from historical or recent activities.
The Company…
Schnitzer Steel Industries, Inc. invested US$6 million in capital expenditures for environmental projects during the first nine months of fiscal 2011 and plan to invest a further US$10 million in capital expenditures for environmental projects during the remainder of fiscal…
Schnitzer Steel Industries, Inc., as of May 31, 2011, had environmental reserves related to various auto parts business (APB) sites of US$15 million.
The reserves, which range in amounts from less than US$1 million to US$2 million per site, relate to…