Schnitzer To Present At Banc Of America Merrill Lynch 2013 US Basic Materials Conference December 11, 2013 – 10:15 A.m. Eastern

Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) President and Chief Executive Officer, Tamara L. Lundgren, will present at the Banc of America Merrill Lynch 2013 US Basic Materials Conference on Wednesday, December 11, 2013. The presentation will take place at The Four Seasons Hotel in Boston, MA at 10:15 am EDT.

The accompanying conference materials will be available on the Schnitzer website under the Investor section’s Event Calendar at www.schnitzersteel.com/events.

About Schnitzer Steel Industries, Inc.

Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled ferrous metal products in the United States with 60 operating facilities located in 14 states, Puerto Rico and Western Canada. The business has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company's integrated operating platform also includes its auto parts and steel manufacturing businesses. The Company's auto parts business sells used auto parts through its 61 self-service facilities located in 16 states and Western Canada. With an effective annual production capacity of approximately 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 106th year of operations in 2013.

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