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 PresentationOperator
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.