Schnitzer Steel Industries, Inc. (SSI) is a recycler of ferrous and nonferrous scrap metal. The Company is a recycler of used and salvaged vehicles and a manufacturer of finished steel products. Through its North American metals recycling business, it collects and recycles autobodies, rail cars, home appliances, industrial machinery, manufacturing scrap and construction demolition from bridges, buildings and other obsolete structures. As of August 31, 2012, it had 57 operating facilities located in 14 states and Puerto Rico. During the fiscal year ended August 31, 2012, the Company�s products to customers located in 20 countries. Its Metals Recycling Business benefits from synergies with its Auto Parts Business in certain geographic regions. The Company�s auto parts business, which has 51 retail locations, buys end-of-life vehicles, sells parts to retail and wholesale customers, and sells ferrous metal to metals recyclers, including our Metals Recycling Business.