Schnitzer Steel Industries (SCHN) gapped open higher Wednesday and has continued to rise steadily. Shares are now up 3.07 at $53.00.
Schnitzer Steel Industries has climbed to over a 2-month high Wednesday morning. The stock may encounter resistance between $56 and $57 per share.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.