Schnitzer Steel (NASDAQ:RDUS) reported quarterly losses of $(0.99) per share which beat the analyst consensus estimate of $(1.01) by 1.98 percent. This is a 4.81 percent increase over losses of $(1.04) per share from the same period last year. The company reported quarterly sales of $642.51 million which beat the analyst consensus estimate of $635.94 million by 1.03 percent. This is a 3.45 percent increase over sales of $621.06 million the same period last year.