Schnitzer Steel's profits fall, yet sales jump

| Print |  Email
Must Reads
Friday, April 06, 2012

Portland-based Schnitzer Steel Industries' profit fell during the second quarter, but sales jumped 23%.

The Portland-based metals company posted earnings Thursday of $10.4 million, or 35 cents a share, for the quarter ended Feb. 29, down from $32.1 million, or $1.10 a share, for the same period a year ago. 
Tamara Lundgren, president and chief executive officer, said in a news release that demand for recycled metals improved from the first quarter, driving higher sales volumes.

Read more at OregonLive.com.

{biztweet}schnitzer steel{/biztweet}

 

More Articles

The Cover Story

Linda Baker
Thursday, August 27, 2015
01-cover-0915-thumbBY LINDA BAKER

How do you put a baby on the cover of a business magazine without it looking too cutesy?


Read more...

10 Innovators in Rural Health

July/August 2015
Monday, July 13, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN

Telemedicine, new partnerships and real estate diversification make health care more accessible in rural Oregon.


Read more...

Portland’s long-distance bike commuters

The Latest
Monday, August 03, 2015
Matt KellyresizethumbBY KIM MOORE | RESEARCH EDITOR

Pushing the extreme.


Read more...

Ranking the airlines that fly PDX

The Latest
Friday, August 14, 2015
airlinesthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

17 airlines make stops at Portland International Airport, but not all are created equal when it comes to customer service.


Read more...

Flattery with Numbers

July/August 2015
Friday, July 10, 2015
BY JOE CORTRIGHT

The false promise of economic impact statements.


Read more...

Reader Input: School Choice

September 2015
Thursday, August 20, 2015

Which of the following would be most effective in reducing the cost of operating a public university in Oregon?


Read more...

Photo Log: Shooting 10 innovators in rural health care

The Latest
Monday, August 03, 2015
007blogBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

You may have noticed the photos of our rural health innovators departed from the typical Oregon Business aesthetic.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS