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Schnitzer Steel Industries Inc (SCHN) Q1 2015 Earnings Call Transcript

Below is the Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Q1 2015 earnings call transcript. The Schnitzer Steel Industries, Inc. reported overall performance and financial results for first quarter of fiscal 2015 ended November 20, 2014, including discussions on market trends, targeted productivity initiatives, business operations, capital structure, and strategic priorities for the year.

Schnitzer SCHN

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) is a global leader in metals recycling industry with headquarters in Portland, Oregon with operations facilities in Puerto Rico, Hawaii, and Western Canada. Schnitzer Steel produces approximately 800,000 tons of finished steel annually, which is converted into rebar, wire rod, and other specialty products. This year, 2015, the Company celebrates its 110th year anniversary since it began its operations in 1906.



Alexandra Deignan – VP, IR


Company Representatives:

Tamara Lundgren – President, CEO

Richard Peach – CFO, SVP.



Timna Tanners – Bank of America Merrill Lynch

Sal Tharani – Goldman Sachs

Luke Folta – Jefferies

Brent Thielman – D.A. Davidson

David Lipschitz – CLSA

Phil Gibbs – KeyBanc

Andrew Lane – Morningstar



Good day, ladies and gentlemen, and welcome to the Schnitzer Steel First Quarter Earnings Release. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions). Please note today’s conference is being recorded.

I would now hand the conference over to Alexandra Deignan. Please go ahead.


Alexandra Deignan, Vice President of Investor Relations
Thank you, Karen. Good morning, everyone. I am Alexandra Deignan, the Company’s Vice President of Investor Relations. Welcome to Schnitzer Steel’s first quarter 2015 earnings presentation. Thank you for joining us today. In addition to today’s audio comments, we have prepared a set of slides that you can access on our Web site at or

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