Schnitzer Steel Industries Inc
F:SS1A
During the last 3 months Schnitzer Steel Industries Inc insiders have not bought any shares, and have not sold any shares.
The last transaction was made on Nov 7, 2024 by Heiskell Steven , who sold 175.7k EUR worth of SS1A shares.
During the last 3 months Schnitzer Steel Industries Inc insiders have not bought any shares, and have not sold any shares.
The last transaction was made on Nov 7, 2024 by Heiskell Steven , who sold 175.7k EUR worth of SS1A shares.
Schnitzer Steel Industries Inc
Glance View
Schnitzer Steel Industries, Inc. engages in the recycling of ferrous and nonferrous scrap metal and manufacture of finished steel products. The company is headquartered in Portland, Oregon and currently employs 3,167 full-time employees. The firm acquire, process and recycle auto bodies, rail cars, home appliances, industrial machinery, manufacturing scrap and construction and demolition scrap through its recycling facilities. The firm sells ferrous and nonferrous recycled scrap metal in both foreign and domestic markets for metal producers, processors and brokers. The company also sells a range of finished steel long products produced at its steel mini mill. Its steel mini mill produces finished steel products such as rebar, wire rod, coiled rebar, merchant bar and other specialty products using ferrous recycled scrap metal. The company also includes deep water port facilities on both the East and West Coasts of the United States in in Everett, Massachusetts; Providence, Rhode Island; Oakland, California; Tacoma, Washington; and Portland, Oregon.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
