Schnitzer Steel Industries, Inc. Announces Fourth Quarter 2009 Earnings Conference Call

PORTLAND, Ore.--(Business Wire)--
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN), in conjunction with its fourth
quarter earnings release to be made before the market opens on October 27, 2009,
invites you to listen to its conference call and view a slide presentation that
will be broadcast over the Internet Tuesday, October 27, 2009 at 11:30 a.m.
Eastern Time with Tamara Lundgren, President and Chief Executive Officer, and
Richard Peach, Chief Financial Officer.

The call and slide presentation are being webcast and can be accessed on the
events calendar page located in the investor relations section of Schnitzer
Steel`s web site at www.schnitzersteel.com.

Schnitzer Steel Industries, Inc. is one of the largest manufacturers and
exporters of recycled ferrous metal products in the United States with 42
operating facilities located in 13 states and Puerto Rico, including seven
export facilities located on both the East and West Coasts and in Hawaii and
Puerto Rico. The Company`s vertically integrated operating platform also
includes its auto parts and steel manufacturing businesses. The Company`s auto
parts business sells used auto parts through its 43 self-service facilities
located in 14 states and in western Canada. With an annual production capacity
of nearly 800,000 tons, the Company`s steel manufacturing business produces
finished steel products, including rebar, wire rod and other specialty products.
The Company commenced its 104th year of operations in fiscal 2010

Schnitzer Steel Industries, Inc.
Investor Relations Contact
Rob Stone, 503-224-9900
ir@schn.com

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