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Schnitzer Steel Industries' CEO Discusses F3Q12 Results - Earnings Call Transcript

Stocks in this article: SCHN

Schnitzer Steel Industries, Inc. (SCHN)

F3Q12 Earnings Call

June 28, 2012 11:30 a.m. ET

Executives

Alexandra Deignan - Investor Relations

Tamara Lundgren - President and Chief Executive Officer

Richard Peach - Senior Vice President and Chief Financial Officer

Analysts

Timna Tanners - Bank of America Merrill Lynch

Philip Gibbs - KeyBanc Capital Markets

Luke Folta - Jefferies

Brent Thielman - D.A. Davidson

Bridget Freas - Morningstar

Timothy Hayes - Davenport & Company

David Lipschitz - CLSA

Mark Parr - KeyBanc Capital Markets

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Schnitzer Steel Third Quarter 2012 Earnings Release Conference Call. At this time all participants are in a listen-only mode. Later we will have a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder today's conference is being recorded for replay purposes.

I would now like to turn the conference over to your host for today, Ms. Alexandra Deignan. Ma’am you may begin.

Alexandra Deignan

Thank you, Marry. Good morning. I am Alexandra Deignan, the company's investor relations contact. I would like to thank everyone for taking the time to join us today. In addition to today’s audio comments, we have prepared a set of slides that you can access on our website at www.schnitzersteel.com or www.schn.com.

Before we get started, let me call your attention to the detailed Safe Harbor statements on slide two, which are also included in our press release of today and in the company’s most recent Form 10-K. These statements, in summary, say that in spite of management’s good faith, current opinions on various forward-looking matters, circumstances can change and not everything we think will happen always happens. Please note that we will be discussing some non-GAAP measures during our presentation today. We have included a reconciliation of these metrics to GAAP in the appendix of our slide presentation.

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