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Operates in three segments: Metals Recycling Business, collects, processes and recycles metals; Auto Parts Business, self-service used auto parts network; and Steel Manufacturing Business, processes recycled metals into finished steel products.
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tenmiles (99.97) Submitted: 4/07/08 11:42 AM : Start Price: $81.99 SCHN Score: 13.25
Scrappy little metal recycler clicking on all cynlinders, but appears to be bumping up against both technical and valuation limits at $82 - long likely to have opportunity to buy back around $70 within next few quarters.
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Cuchulainn1 (< 20) Submitted: 4/22/08 2:42 PM
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No, recycled steel demand is hot. Asia and emerging markets have a ravenous appetite for scrap steel. see my blog for more.
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