Schnitzer Recognized for Leadership in Sustainability yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
ALAMEDA, Calif. California reached a $4.1 million
settlement with Schnitzer Steel Industries over claims the company violated environmental laws while operating its metal shredding and recycling facility in West Oakland.
An Oakland, California, metal-shredding facility has agreed to pay $4.1 million to settle allegations related to its release of toxic air and water contaminants into nearby vulnerable communities, the state attorney general's office announced Wednesday.
Company s 52-week low was at $10.09
Price action over last quarter: Up 81.48%
Company Profile
Schnitzer Steel Industries is one of the largest ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.
Schnitzer Steel Indus s Stock Price And Volume Action
Schnitzer Steel Indus s (NASDAQ:SCHN) stock is trading up 8.24% to a price of $42.02. The stock s volume is currently 108.73 thousand, which is roughly 51.59% of its recent 30-day volume average of 210.75 thousand.
Why It s Moving
Benzinga Pro s real-time breaking news service shows some insight into what is affecting shares: Schnitzer Steel Industries shares are trading higher after the company reported better-than-expected Q1 EPS and sales results.
Perspective On Recent Price Action
The moving average price of the stock over the past 50 days was $26.57 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $39.32 and as low as $10.09.