October 2005

Schnitzer Steel names head of metals recycling business

Portland, OR— Schnitzer Steel Industries, Inc. has appointed, effective immediately, Don Hamaker to the newly created position of president of its Metals Recycling Business, and a vice president of Schnitzer Steel Industries, Inc. Hamaker will have lead responsibilities for all Schnitzer scrap metal recycling facilities. This will include Schnitzer’s existing eleven wholly owned west coast yards, the various scrap recycling facilities Schnitzer will take ownership and full control of once its separation from all the Hugo Neu joint ventures is final, including seven facilities in New England that formerly were part of the Hugo Neu Schnitzer joint venture operations. Also, Hamaker will assume leadership of all future metals recycling business segment acquisitions as Schnitzer continues its growth strategy.

Hamaker is well known in the scrap metal industry, with almost twenty years experience in scrap management positions at Hugo Neu Corporation, including serving as president since 1999. As president of HNC, Hamaker oversaw all company operations.

Schnitzer also announced that Pat Christopher, with fifteen years of scrap metal operations experience, including vice president of operations for Hugo Neu Corporation, would also be joining the company as vice president of Schnitzer Steel Industries, Inc., with responsibility for Schnitzer’s newly acquired east coast metals recycling facilities, including those which will be acquired as a result of the separation from Hugo Neu Corporation.

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