Schnitzer Announces Second Quarter of Fiscal 2013 Earnings Date and Conference Call April 3, 2013 – 11:30 a.m. Eastern

  Schnitzer Announces Second Quarter of Fiscal 2013 Earnings Date and
  Conference Call April 3, 2013 – 11:30 a.m. Eastern

Business Wire

PORTLAND, Ore. -- March 29, 2013

Schnitzer Steel Industries, Inc. (Nasdaq:SCHN) will report its second quarter
of fiscal 2013 financial results on Wednesday, April 3, 2013, and will webcast
a conference call to discuss the performance at 11:30 a.m. Eastern on the same
day.

The webcast of the call and the accompanying slide presentation may be
accessed on Schnitzer’s website under the Investor section Event Calendar at
www.schnitzersteel.com/events. The call will be hosted by Tamara Lundgren,
President and Chief Executive Officer, and Richard Peach, Senior Vice
President and Chief Financial Officer.

Replay Information

Toll Free Dial: (855) 859-2056
Toll Free International Dial: (404) 537-3406
Conference ID: 23644950
Replay Available: 04/03/2013 to 04/10/2013

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 58
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 59
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 107^th year of operation in fiscal 2013.

Contact:

Schnitzer Steel Industries, Inc.
Investor Relations
Alexandra Deignan, 646-278-9711
www.schnitzersteel.com
ir@schn.com