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Schnitzer Steel reports Q3 adjusted EPS 67c, consensus 64c

Reports Q3 revenue $809.61M, consensus $823.95M. Commenting on the company’s third quarter results, Tamara Lundgren, chairman and CEO, said, “Our financial and operating performance this quarter reflects stronger market conditions than we experienced earlier in the fiscal year, improved operating efficiencies from our productivity initiatives, and benefits from the advanced metal recovery technology systems which have been commissioned to date.”

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