Schnitzer Steel is a global leader in the metals recycling industry, specializing in the collection, processing, and sale of recycled ferrous and nonferrous metals. The company generates revenue through the sale of processed scrap metal to steel mills and foundries worldwide, as well as through its auto parts business, which sells used auto parts from salvaged vehicles. Founded in 1906, Schnitzer Steel has a long history of innovation and sustainability, emphasizing environmental responsibility and community engagement in its operations.