Schnitzer Steel (NASDAQ:RDUS) reported quarterly losses of $(0.41) per share which beat the analyst consensus estimate of $(0.59) by 30.51 percent. This is a 187.23 percent decrease over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $771.00 million which beat the analyst consensus estimate of $688.95 million by 11.91 percent. This is a 7.38 percent increase over sales of $718.00 million the same period last year.