Article: Schnitzer Steel Reports Fourth Quarter Net Income.

Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) reported revenues of $556 million and net income of $10 million, or $0.36 per diluted share, for the fiscal fourth quarter ended August 31, 2009. During the quarter the Company generated $46 million in cash from operations, bringing the total cash from operations for the fiscal year to $288 million.

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