# EDGAR Filing Document

**Accession Number:** 0000912603
**File Stem:** 0000000000-23-003292
**Filing Date:** 2023-3
**Character Count:** 6322
**Document Hash:** 54df57524e082ded277349a6dca64b9e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-003292.hdr.sgml**: 20230605

**ACCESSION NUMBER**: 0000000000-23-003292

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230331

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHNITZER STEEL INDUSTRIES, INC.
- **CENTRAL INDEX KEY:** 0000912603
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-MISC DURABLE GOODS [5090]
- **IRS NUMBER:** 930341923
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 299 SW CLAY ST.
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97201
- **BUSINESS PHONE:** 5032249900

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 10047
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97296

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCHNITZER STEEL INDUSTRIES INC
- **DATE OF NAME CHANGE:** 19930927
**PUBLIC REFERENCE ACCESSION NUMBER**: 0000950170-22-019904

## Text-Extract

```

United States securities and exchange commission logo

                             March 31, 2023

       Stefano Gaggini
       Senior Vice President and Chief Financial Officer
       Schnitzer Steel Industries, Inc.
       299 SW Clay Street, Suite 350
       Portland, OR 97201

                                                        Re: Schnitzer Steel
Industries, Inc.
                                                            Form 10-K for the
Fiscal Year Ended August 31, 2022
                                                            Filed October 24,
2022
                                                            File No. 000-22496

       Dear Stefano Gaggini:

             We have reviewed your filing and have the following comment. In
our comment, we
       may ask you to provide us with information so we may better understand
your disclosure.

              Please respond to the comment within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comment applies to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to the comment, we may have additional comments.

       Form 10-K for the Fiscal Year Ended August 31, 2022

       Management's Discussion and Analysis of Financial Condition and Results
of Operations
       Non-GAAP Financial Measures, page 51

   1.                                                   We note that you adjust
for charges for legacy environment matters and business
                                                        development costs in
calculating your non-GAAP measures. In light of the fact that these
                                                        adjustments are being
made for all periods presented, your business growth strategy, and
                                                        the industry and
regulatory environment in which you operate in, please tell us why you
                                                        believe these are not
normal, recurring, cash operating expenses necessary to operate your
                                                        business. Refer to
Question 100.01 of the Non-GAAP Financial Measures Compliance
                                                        and Disclosure
Interpretations.
 Stefano Gaggini
Schnitzer Steel Industries, Inc.
March 31, 2023
Page 2

        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       You may contact Keira Nakada at 202-551-3659 or Linda Cvrkel at
202-551-3813 with
any questions.

FirstName LastNameStefano Gaggini                         Sincerely,
Comapany NameSchnitzer Steel Industries, Inc.
                                                          Division of
Corporation Finance
March 31, 2023 Page 2                                     Office of Trade &
Services
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

March 31, 2023

Stefano Gaggini  
Senior Vice President and Chief Financial Officer  
Schnitzer Steel Industries, Inc.  
299 SW Clay Street, Suite 350  
Portland, OR 97201

**Re: Schnitzer Steel Industries, Inc.**

**Form 10-K for the Fiscal Year Ended August 31, 2022**

**Filed October 24, 2022**

**File No. 000-22496**

Dear Stefano Gaggini:

We have reviewed your filing and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to the comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response.

After reviewing your response to the comment, we may have additional comments.

Form 10-K for the Fiscal Year Ended August 31, 2022

Management's Discussion and Analysis of Financial Condition and Results of Operations

1. We note that you adjust for charges for legacy environment matters and business development costs in calculating your non-GAAP measures. In light of the fact that these adjustments are being made for all periods presented, your business growth strategy, and the industry and regulatory environment in which you operate in, please tell us why you believe these are not normal, recurring, cash operating expenses necessary to operate your business. Refer to Question 100.01 of the Non-GAAP Financial Measures Compliance and Disclosure Interpretations.

Stefano Gaggini
Schnitzer Steel Industries, Inc.
March 31, 2023
Page 2

We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

You may contact Keira Nakada at 202-551-3659 or Linda Cvrkel at 202-551-3813 with any questions.

Sincerely,

Division of Corporation Finance
Office of Trade & Services