October 25, 2011

SCHNITZER STEEL: Reserves $25MM at Aug. 31 for Other MRB Sites

COMPANIES: Schnitzer Steel Industries Inc
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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…

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